You Shouldn’t Try to Do Your Own Taxes as They Are Complicated

Filed in CPA Blog by on August 12, 2020
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There is no doubt that taxes in the US are complicated. Unlike many countries, we have federal taxes and state taxes as well, and even if you are lower-income, you can’t do it yourself.  Well, maybe that is not absolutely true: you probably could do it yourself, but the likelihood is that you would end up making a terrible mess of it and paying more than you should do. Our accountants can help you with complicated taxes.It stands to reason that you cannot know and be aware of all the loopholes – legal ones – that, as a San Francisco tax accountant, we do know. And we know them because it’s our job to know them and to keep up with every little twist and turn that gets added to the tax systems so that we can make certain that you only finish up paying exactly what the IRS or state requires and not a cent more.

Of course, if you are a higher income and/or have a property and/or have business interests and/or have overseas income, you need a San Francisco tax accountant who “gets” what it’s like to live in San Francisco and can handle all this stuff for you.

We All Have Specialties

It’s like all businesses: we all have a specialty that we understand and can work on better than the next man or woman. You might be a chiropractor, a dental implant surgeon, a realtor, an actor, a racehorse trainer, or anything else, and we would be the first to put our hands up and say that we wouldn’t have a clue how to go about doing any of that.

But we do know how to do sums! You, too, might know how to do certain sums, but it’s a safe bet that you don’t understand all the ins and outs of the tax laws in the US, and certainly not those overseas. We even have to admit that we don’t know all of the tax laws if you have income in Japan or Nigeria or Bangladesh, but in those cases where we don’t know everything, what we do have is contacts. So if there is a particular rule that we are not sure about, we can talk to our connections in that country and solve the problem that way. It works the other way around, too. When they have a problem with the US taxes, they come to us to help them sort it out.

So whatever your income level and wherever you have income, at Safe Harbor we can help you as a San Francisco tax accountant. Our job is to see to it that you pay the minimum amount of tax required by law, so that you don’t have to worry about it and can get on with your specialty.

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