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Do You — or Don’t You: Do you do your own taxes?

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Do You — or Don’t You: Do you do your own taxes?

Do You — or Don’t You: Do you do your own taxes?

BY INSTORE TEAM

Do You — or Don’t You: Do you do your own taxes?

Published in the April 2012 issue

9% YES, I DO
 

Yes and no. I handle all sales tax and payroll tax deposits, my actual corporate and personal tax return is completed by a CPA firm. — Mark Goodman; Goodman Jewelers, Abingdon, VA

We do our own taxes with TurboTax assistance. — Alan Goodheart; Goodheart’s Jewelry, Overland Park, KS I have a minor in accounting from Harvard. Pretty easy to do them. — Jan Cook; Precious Gems, Bradenton, FL

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I have my own system and do taxes myself. — Pamela Hecht; Pamations, Calumet, MI

91% NO, I DON’T

CPA is the absolute only way. Anyone owning a business that does otherwise is really not seeing the forest for the trees, in my opinion. My CPA charges me under $1,000 and takes care of everything. If one of our customers tried to set their own diamond we would laugh at them. Why would we try to do our own taxes? — Mark Snyder; Snyder Jewelers, Weymouth, MA

Any time you need to go to the bank, you’d better have a CPAgenerated financial statement. — Bill Elliott; Ross Elliott Jewelers, Terre Haute, IN

We supply data to our CPA once a year and she does the paperwork. Haven’t had any problems so far. Sometimes she will remind us of deductions that we took before but forgot this time. — Mark Thomas Ruby; SunSpirit Designs, Loveland, CO

My bookeeper does the legwork and gives it to the CPA to verify and adjust. — Janet Silver; Roberts Jewelers, Jackson, TN

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I give it all to the accountant. I am clueless. — Erin McMichael Hess; Accents, Colorado Springs, CO

Taxes are too complicated to do on my own. I don’t need a visit from the IRS. Got enough problems. — Craig C. Curtis; Downtown Jewelry & Engraving Shop, Belfast, ME

I keep records on QuickBooks, but our taxes are prepared by a CPA. — Cliff Yankovich; Chimera Design, Lowell, MI I used to tackle them myself, but I think the CPA pays for himself in savings. — Steven Wardle; Forest Beach Design, Chatham, MA

 

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Wilkerson Testimonials | Zadok Master Jewelers

Stick to the Program — And Watch Your Sales Grow

When Zadok Master Jewelers in Houston, Texas, decided to move to a new location (they’d been in the same one for the 45 years they’d been in business), they called Wilkerson to run a moving sale. The results, says seventh-generation jeweler Jonathan Zadok, were “off the charts” in terms of traffic and sales. Why? They took Wilkerson’s advice and stuck to the company’s marketing program, which included sign twirlers — something Jonathan Zadok had never used before. He says a number of very wealthy customers came in because of them. “They said, ‘I loved your sign twirlers and here’s my credit card for $20,000.’ There’s no way we could have done that on our own,” says Zadok. “Without Wilkerson, the sale never, ever would have come close to what it did.”

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Do You Or Don't You?

Do You — or Don’t You: Do you do your own taxes?

Published

on

Do You — or Don’t You: Do you do your own taxes?

Do You — or Don’t You: Do you do your own taxes?

BY INSTORE TEAM

Do You — or Don’t You: Do you do your own taxes?

Published in the April 2012 issue

9% YES, I DO
 

Yes and no. I handle all sales tax and payroll tax deposits, my actual corporate and personal tax return is completed by a CPA firm. — Mark Goodman; Goodman Jewelers, Abingdon, VA

Advertisement

We do our own taxes with TurboTax assistance. — Alan Goodheart; Goodheart’s Jewelry, Overland Park, KS I have a minor in accounting from Harvard. Pretty easy to do them. — Jan Cook; Precious Gems, Bradenton, FL

I have my own system and do taxes myself. — Pamela Hecht; Pamations, Calumet, MI

91% NO, I DON’T

CPA is the absolute only way. Anyone owning a business that does otherwise is really not seeing the forest for the trees, in my opinion. My CPA charges me under $1,000 and takes care of everything. If one of our customers tried to set their own diamond we would laugh at them. Why would we try to do our own taxes? — Mark Snyder; Snyder Jewelers, Weymouth, MA

Any time you need to go to the bank, you’d better have a CPAgenerated financial statement. — Bill Elliott; Ross Elliott Jewelers, Terre Haute, IN

We supply data to our CPA once a year and she does the paperwork. Haven’t had any problems so far. Sometimes she will remind us of deductions that we took before but forgot this time. — Mark Thomas Ruby; SunSpirit Designs, Loveland, CO

Advertisement

My bookeeper does the legwork and gives it to the CPA to verify and adjust. — Janet Silver; Roberts Jewelers, Jackson, TN

I give it all to the accountant. I am clueless. — Erin McMichael Hess; Accents, Colorado Springs, CO

Taxes are too complicated to do on my own. I don’t need a visit from the IRS. Got enough problems. — Craig C. Curtis; Downtown Jewelry & Engraving Shop, Belfast, ME

I keep records on QuickBooks, but our taxes are prepared by a CPA. — Cliff Yankovich; Chimera Design, Lowell, MI I used to tackle them myself, but I think the CPA pays for himself in savings. — Steven Wardle; Forest Beach Design, Chatham, MA

 

Advertisement

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials | Zadok Master Jewelers

Stick to the Program — And Watch Your Sales Grow

When Zadok Master Jewelers in Houston, Texas, decided to move to a new location (they’d been in the same one for the 45 years they’d been in business), they called Wilkerson to run a moving sale. The results, says seventh-generation jeweler Jonathan Zadok, were “off the charts” in terms of traffic and sales. Why? They took Wilkerson’s advice and stuck to the company’s marketing program, which included sign twirlers — something Jonathan Zadok had never used before. He says a number of very wealthy customers came in because of them. “They said, ‘I loved your sign twirlers and here’s my credit card for $20,000.’ There’s no way we could have done that on our own,” says Zadok. “Without Wilkerson, the sale never, ever would have come close to what it did.”

Promoted Headlines

Most Popular