Tax time!

bike21 · January 17th, 2008, 16:18

It is that time of year again! Anyone have any specific knowledge on these two?

Pilot Tax - http://pilot-tax.com

Chase Consulting Group - http://chasetaxgroup.com/

I have an LLC that needs to be taken care of as well, so if anyone has any good insight to either of these I would appreciate it!

wheelsup · January 17th, 2008, 16:27

I used pilot tax, they did a bang up job, even did my per diem, I love their organizer, it's awesome, I have a partnership with which I personally file form 1065 and I gave them a copy of my schedule K-1 that I also filled out and they took care of the rest.

I don't know about an LLC though, do you file any additional forms or just include income on your 1040?

I won't be using them this year though because I don't a home (ie no interest deduction) and being married I cannot deduct more than the standard deduction unless I flat out make stuff up on my tax return so I'm just going the turbotax way this time.

BobDDuck · January 17th, 2008, 16:36

TuboTax baby... TurboTax.

Although, next year I may actually be making enough that it will be worth it to spend some money and have a pro do it for me.

wheelsup · January 17th, 2008, 16:42

I wouldn't discredit your FO income, last year pilot-tax was able to "find" enough deductions to go over my standard deduction quite a bit, and I saved about triple what it cost me to have them do it. Not a *lot* of money, but a *lot* to me especially since I had no home interest to deduct.

kellwolf · January 17th, 2008, 22:48

Quote:

Originally Posted by BobDDuck

TuboTax baby... TurboTax.

Although, next year I may actually be making enough that it will be worth it to spend some money and have a pro do it for me.

Word. I even have this nifty Excel spreadsheet one of the other PCL pilots whipped up to compute per diem deductions for me.

WestIndian425 · January 17th, 2008, 22:59

TurboTax is great! Us newbies don't make enough to need the sophisticated stuff yet.

bike21 · January 18th, 2008, 12:19

I have used TurboTax in the past, but with the new found money of upgrade and the LLC, I think it is time for a pro to handle. Anyone use this company?...

Airlines Crew Taxes - Home

moxiepilot · January 18th, 2008, 12:24

you could still use TurboTax Premier instead of deluxe or basic. This year I also have extra goodies, 1099, w-2 and schedule c nightmares, but all in all TT does a bang up job

January 17th, 2008, 16:18	#1
bike21 Old Skool Join Date: Nov 2004 Location: People's Republic of Boulder Posts: 2,176	Tax time! It is that time of year again! Anyone have any specific knowledge on these two? Pilot Tax - http://pilot-tax.com Chase Consulting Group - http://chasetaxgroup.com/ I have an LLC that needs to be taken care of as well, so if anyone has any good insight to either of these I would appreciate it! __________________ "A man is not considered wise because he talks a lot" - The Dhammapada

January 17th, 2008, 16:27	#2
wheelsup Old Skool Join Date: Mar 2004 Location: _ Posts: 5,217	Re: Tax time! I used pilot tax, they did a bang up job, even did my per diem, I love their organizer, it's awesome, I have a partnership with which I personally file form 1065 and I gave them a copy of my schedule K-1 that I also filled out and they took care of the rest. I don't know about an LLC though, do you file any additional forms or just include income on your 1040? I won't be using them this year though because I don't a home (ie no interest deduction) and being married I cannot deduct more than the standard deduction unless I flat out make stuff up on my tax return so I'm just going the turbotax way this time. __________________ "It takes just as much time to be nice to someone as it does to be a jerk."

January 17th, 2008, 16:36	#3
BobDDuck Old Skool Join Date: Sep 2003 Location: Left Seat Posts: 5,390	Re: Tax time! TuboTax baby... TurboTax. Although, next year I may actually be making enough that it will be worth it to spend some money and have a pro do it for me. __________________ TBJC08 The Gear Monkey The Gear Monkey Store

January 17th, 2008, 16:42	#4
wheelsup Old Skool Join Date: Mar 2004 Location: _ Posts: 5,217	Re: Tax time! I wouldn't discredit your FO income, last year pilot-tax was able to "find" enough deductions to go over my standard deduction quite a bit, and I saved about triple what it cost me to have them do it. Not a lot of money, but a lot to me especially since I had no home interest to deduct. __________________ "It takes just as much time to be nice to someone as it does to be a jerk."

January 17th, 2008, 22:59	#6
WestIndian425 Senior Member Join Date: Jan 2006 Location: KEWR (by way of Brooklyn, NY) Posts: 917	Re: Tax time! TurboTax is great! Us newbies don't make enough to need the sophisticated stuff yet. __________________ God did not create aircraft pilots to be on the ground.

January 18th, 2008, 12:19	#7
bike21 Old Skool Join Date: Nov 2004 Location: People's Republic of Boulder Posts: 2,176	Re: Tax time! I have used TurboTax in the past, but with the new found money of upgrade and the LLC, I think it is time for a pro to handle. Anyone use this company?... Airlines Crew Taxes - Home __________________ "A man is not considered wise because he talks a lot" - The Dhammapada

January 18th, 2008, 12:24	#8
moxiepilot Old Skool Join Date: Aug 2004 Location: CFI / CFII in PA Posts: 2,602	Re: Tax time! you could still use TurboTax Premier instead of deluxe or basic. This year I also have extra goodies, 1099, w-2 and schedule c nightmares, but all in all TT does a bang up job

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