When Shouldn't You Prepare Your Own Taxes?
Many individuals with simple wage income, mortgage interest, and state taxes usually do not need an expert unless it is their first time filing or have special circumstances.
Individuals with investments, businesses, two or more homes, children, or who travel on business may miss many tax savings opportunities that only a trained preparer is aware of.
Software may seem to have the interview capabilities, but the program will only be as good as the answers that you provide.
A very important reason to use a preparer is in the event of an audit in the future.
A software program cannot converse or meet with a tax authority to review your situation and preclude penalties that most people are fearful to challenge.
Many individuals with simple wage income, mortgage interest, and state taxes usually do not need an expert unless it is their first time filing or have special circumstances.
Individuals with investments, businesses, two or more homes, children, or who travel on business may miss many tax savings opportunities that only a trained preparer is aware of.
Software may seem to have the interview capabilities, but the program will only be as good as the answers that you provide.
A very important reason to use a preparer is in the event of an audit in the future.
A software program cannot converse or meet with a tax authority to review your situation and preclude penalties that most people are fearful to challenge.
FAQ
Copyright 2010 CyberAccountant LLC.