How much are you paying for a CPA and what all are they doing

**Roadmedic** · 05.13.2012

Originally Posted by MNdriver

I get mine done and my accountant makes me sleep with her.....

My accountant is really cheap. Sometimes gets mine done early and sometimes late.

**ironpony** · 05.14.2012

My CPA specializes in transportation business. Runs me about $1400 a year that is tax deductable. A lot of that is invested in analysis of my settlements that I'd be doing otherwise - keeps my weekly time investment down to about 10 minutes a week. Maybe another 10 hours of work with receipts, tax organizer data, reviewing my forms before filing. Money well spent.

I generate my own profit and loss statements - that's the 10 minutes per week for data entry into a spreadsheet. That generates weekly, monthly and quarterly/yearly statements.

**FatDaddy** · 05.14.2012

Originally Posted by Zab

Do you have a blank copy of that spreadsheet? I have seen a few, but it seems some have way more then needed and others don't have enough. Been trying to put 1 together for some of my drivers. The more info I can find, the better template I can come up with for these guys. They all run 4 wheels and local, but some of them (about 1/2) just don't understand why they always run out of money and end up owing a bunch of taxes at the end of the year.

He sent me a spreadsheet that corresponds with the Schedule C off the tax return. I then personalized some of the codes to fit my personal needs.