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Discussion:Another Good Rule

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Death&Taxes (talk|edits) said:

9 April 2009
Never, never, never do returns for family.

Pam, my wife, has learned enough about data-entering to do simple returns, with me providing back up.....the simple returns are her son's, her brother who is fighting cancer, and her ditzy niece and husband. They live in a two family house where they rent their side from her mom but own the other side, for which they collect rent. This year, they lost their tenant, so had a decent loss since they lacked rent for 3-4 months. Big refund!!!!!! Like 6K!!!! But since they live in NJ, no benefit from loss and they owe the state $550.

Wife gives them the return, and now all she hears about is New Jersey. She did the return in late February, and charged nothing too, then attends a family function in early March where niece spent the entire dinner at a restaurant bitching about why nothing could be done about NJ....would not even pay for wife's dinner. Last week niece and her mother [Pam's sister] call and ask Pam to send them the notes niece sent her to do the return.....Mom's accountant is going to re-do NJ!!!!!!

What is he going to do? Make up medical expenses? Put down alimony? She is getting 18% of the rent paid as a deduction anyway, and she pays a high rent to Mom, so inserting a real estate tax will do little good.

I told Pam to explain to niece's husband that it is her W-2 that is grossly underwithheld for New Jersey.....that ought to set some sparks flying.

Fsteincpa (talk|edits) said:

9 April 2009
I am thankful I don't do any of the family's returns. I have in the past but I took soo long to do them that they went elsewhere. Family is last in the pile. Friends too. And I always send them a bill that has the true cost of their return and then the reduction to zero.

I do this one friends <older gentleman> return, very high income, he basically does all the work and I input and he'll come in and we'll spend 3 or 4 hours together doing the returns for him and his family/friends and catching up. He usually throws me about $400 for this and I've never given him a bill. He asked me this year what I would normally charge. Told him $1,500 to $2,000 for the pile in his hand. He was a little, but not much, shocked.


Chris2lane (talk|edits) said:

April 9, 2009
Family and friends returns are the worst. They get you their info late, question their returns when they're completed and you usually get nothing more than a half-hearted thank you. My neighbor dropped his stuff off to me yesterday. I sarcastically ask him why not wait until the 14th to drop it off. Granted, he gets a bill, but a reduced one at that. Those close to us take the most advantage of our goodwill.

D&T, your wife's niece takes the cake. That takes some serious brass ones to be bitching like she did and now wants to have someone else re-do the return. Amazing.

Kevinh5 (talk|edits) said:

9 April 2009
The good news is that now your wife can refuse it in the future. That frees up more time for the important things in life, like playing with Watson.

Wonder Woman USA (talk|edits) said:

9 April 2009
I do returns for two cousins, who manage to get their info to me by mid-March, and bill them full price. One of them has kids who just entered the work force; I did those for $25, and will probably continue to do so until they are out of college. They are all responsible people with high incomes and don't ever give me any trouble.

I also do returns for my best friend, her FIL and her late husband's aunt. They all get discounts (all low-income retired folks)... and none of them are trouble makers.

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