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Article #41663

Re: Electronic IRS Filing Software

#41663
From: Mark Medici
Date: Mon, 05 Feb 1990 19:55
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In article <11250126@hpldola.HP.COM> ritchie@hpldola.HP.COM (Dave Ritchie) writes:
>>
>>I think you have to go to 'someone' (a company or independent CPA) 
>>authorized by the IRS to file electronically.  
>>And most likey they will charge a small fee.
>
>  My wife works for H.R. Block and I think she said it's $12 ( this 
>price may vary by location).

This is what most CPA/Tax mills charge in addition to their standard
preparation fee.  Although you may already have calculated your return
and completed all the forms, the tax accountant still needs to key
this information into the electronic forms.  It takes the accountant
as much time to transfer the info from your completed IRS forms as to
enter that information from scratch.

In most (all?) cases, the data entry portion of the electronic filing
software is the same used for entering returns from scratch.  Further,
the accounting firm, as the submitter of the return, can be held
accountable for errors in math and interpretation of tax law.

Granted, $40.00 (or more) is a high price to pay to just have your
prepared return filed electronicly.  However, from the preparer's
point of view, it is a reasonable fee.  Especially since most CPA's
file through one of a few service companies at a cost of $8-$12 per
return.  (You have to buy the service company's software, which costs
upwards of $2,500/year).

BTW, I'm not a CPA, but I have consulted for some.  These are my own
opinions/observations; take them or leave them.
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Message-ID: <Feb.5.14.55.09.1990.15084@elbereth.rutgers.edu>
Path: arc1-ca.pugleaf.net!utzoo!utgpu!jarvis.csri.toronto.edu!cs.utexas.edu!yale!cmcl2!rutgers!elbereth.rutgers.edu!medici
References: <Jan.26.16.40.23.1990.7755@enterprise.rutgers.edu> <11250126@hpldola.HP.COM>

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Path: arc1-ca.pugleaf.net!utzoo!utgpu!jarvis.csri.toronto.edu!cs.utexas.edu!yale!cmcl2!rutgers!elbereth.rutgers.edu!medici
From: medici@elbereth.rutgers.edu (Mark Medici)
Newsgroups: comp.sys.ibm.pc
Subject: Re: Electronic IRS Filing Software
Message-ID: <Feb.5.14.55.09.1990.15084@elbereth.rutgers.edu>
Date: 5 Feb 90 19:55:12 GMT
References: <Jan.26.16.40.23.1990.7755@enterprise.rutgers.edu> <11250126@hpldola.HP.COM>
Reply-To: medici@elbereth.rutgers.edu (Mark Medici)
Organization: Rutgers Univ., New Brunswick, N.J.
Lines: 30