Tax Question

[jasonraider]

Do people hire tax advisors for this?

[steve B]

I suppose it depends on what "this" is...

[TUM301]

I for one sure would.

[mr2686]

I hire them for This and That.

[steve B]

Originally Posted by mr2686

I hire them for This and That.

AND that??!!!

darnit! I'm always the last to get the memo!

[egri]

Without knowing the specifics, I would trust a tax advisor over strangers on a message board. I don't doubt that the members here mean well when they offer advice, but unless they do it for a living, you're going to get a lot of anecdotal stories and advice that may not apply to your situation, or might have at the time but is now outdated.

[BobC]

Originally Posted by jasonraider

Do people hire tax advisors for this?

Probably depends on what exactly you are asking about. Are you talking about being a dealer, or how to report hobby sales, or what? And assuming you start doing something hobby/card related that you have little or no tax knowledge about, it would probably behoove you to at least ask someone with that type of knowledge a few questions before you get really far into what you are doing so you don't run into some unexpected (and unpleasant) surprises. You can even try asking for help on this board with more specific questions. Just be careful and watch who is giving you advice on the board and try and ascertain if they really have the knowledge and background to help. Many times when people have started threads asking tax and related questions on this board, a lot of well meaning members will offer help/advice that isn't always complete or accurate when it comes to those specific tax related questions and situations. It isn't something necessarily being done on purpose, just that the good intentioned members may have incomplete information themselves, or not wholly understand the circumstances and facts regarding a specific tax question and repeat back what they had been told/heard elsewhere. Good luck.