Most helpful positive review
30 of 31 people found the following review helpful
If You Can't Find It Here, You Need Professional Help
on December 27, 2005
I have used the J. K. Lasser income tax books for the last few years and am always impressed with them: this book for the 2005 tax return is no exception. I have moderately complex returns but always do them myself with the assistance of a computerized tax preparation program: I believe that I better understand tax law and rules by doing my own returns, although the experience is often very trying.
The Lasser income tax guides are the best of the home reference books I have found, and I have compared all major publications. (For professionals or for exceptionally convoluted returns Lasser also publishes a much more expensive professional guide, though if you need it I would strongly recommend letting a professional do your returns.) I find that the Lasser book is the most user-friendly, comprehensive, and has the most easy to understand examples of all the competing publications. Don't let the huge size (800-plus pages) intimidate you; the bulk of the book won't apply to all returns, but it proves itself invaluable for the chapters that do pertain to your specific tax situation. I find it particularly helpful in determining the eligibility and legality of deductions and depreciation, as the IRS rules can be particularly bewildering in those areas sometimes.
I recommend this book highly for anyone preparing their own taxes. Likewise, even if you have a professional prepare your return, this book is good for preparing receipts and lists of deductions and assets for the preparer.
If you can't find the answer to your tax question in this book, you definitely need a CPA!