June 26th, 2017
Each year taxpayers struggle to decide how to file their returns. Doing returns takes time, technical skills and patience. Instead of adding another stress to your busy life, you should hire a professional accountant to do you returns next tax season.
Here are five simple reasons why.
Non-business filers, who make up 68% of all returns spend an average of eight hours on their returns. Your time is valuable. Hiring a professional will eliminate the burden put on you of taking the time to actually sit down (for hour after hour) and do the work!
Keeping up with the Tax Code
The IRS states that since 2001, Congress has made nearly 5,000 changes to the Tax Code. That's more than a change per day. The Tax Code is becoming more complex every day it’s challenging to keep up.
What if you missed something?
Peace of mind is something you gain when hiring a professional to handle your returns. Professionals are trained and experienced to handle your taxes.
You can lose money by yourself
If you miss deductions or triggering an IRS letter or audit a tax professional can help eliminate errors and ensure your returns are prepared correctly.
It can save you money. Lots of it.
Your tax preparer can find even just one deduction or tax credit you may have missed. That deduction can easily exceed the fee it costs to have a professional prepare your return. You never know!
If you plan to hire a tax professional to prepare your taxes, you will need to gather all of you records. So keep in mind to be organized because it saves your tax preparer time and keeps the fees down!