ED Magedson – Founder
Tax-Man708 S. Business 35 Suite-B New Braunfels, Texas United States of America
Thomas Edwards has prepared my income taxes since the 2004 tax year. With that, I trusted him to prepare my 2008 tax return on October 13, 2009. I expected him to report any income that was taxable and advise me when income was not taxable. I also expected a fair charge for his service.
Thomas reported $9 of income paid to an IRA by a Bermuda partnership as foreign income and then charged me $75 to prepare the simple form . Later I reviewed the tax return and discovered that the $9 of income was not reportable on your tax return if paid to an IRA.
In addition, I was charged $98 for the basic tax preparation, $30 to make 2 entries on form Sch C -EZ and $60 to prepare a Sch D form. All total this is 3 times more than any previous year. In my opinion , this was excessive based on what he charged me to prepare the prior years tax returns.
I wrote Thomas a letter on October 16, 2009 requesting that he return the $75 he charged me to prepare the Foreign Tax Credit form that was not required. I included a copy of information stating that the income was not reportable on your tax return if paid to an IRA. Thomas has not responded to my letter or returned the money. r
This report was posted on Ripoff Report on 11/18/2009 01:45 PM and is a permanent record located here: http://www.ripoffreport.com/reports/tax-man/new-braunfels-texas-78130/tax-man-thomas-edwards-beware-of-having-your-income-taxes-prepared-by-tax-man-thomas-edwar-525389. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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