HF Personal Tax Accountants

Is there something specific about HF analysts that you are concerned about?

I mostly do my own taxes, except for the last couple years where things got a bit complicated with real estate, etc. and I hired a specialist.

But earlier in my career I just did my own taxes, at the junior level it is usually pretty straightforward, so I don’t think I’d invest much if I were you. 

Also interested in this. I’m at the point where I’m making more money, my deferred is vesting, and I’m thinking of buying real estate. No idea where to start besides googling random local accountants. Just been doing it myself to this point but worried I’m gonna fuck something up. 

I work and live in New England. I use a larger regional tax/advisory firm call Blump Shapiro (https://www.blumshapiro.com/). LinkedIn says they have ~500 employees. It costs me around $2,500 a year for them to do my taxes.

I previously worked in private equity for a while before switching to mostly public equities. I have co-investments and other LLC investments that generate several of K-1's, etc. I also own a home and have GP economics in my fund.

If you are an analyst simply making cash base + bonus there likely isn't a real need to hire a tax firm and you can probably just use an online service/software.  

You should just use the firm that other people at your fund use. But not necessary if you are just W2. Should probably transition when you start getting K1. It will come out to be around $2k at that point. More if you have other stuff. 

Before you're K1, use a local CPA. After that, use whoever other investment professionals at your fund use. Cheers.

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Ernst and Young

I used to use turbotax. I got married and have a bunch of other shit going on so have an accountant I pay $500 a year now. If your income is just W2 and stocks, don't waste your money,