If you do your taxes alone, you might just miss out on some opportunities to keep your hard-earned cash in your bank account-- which, when all is said and done, is the goal at the end of every working day for just about everyone.
Instead consider this:
1) Work with a Human Being... and Lose the Fear of Making a Costly Mistake
In theory, TurboTax should calculate the numbers the same way that any accountant would. But deep down, don't you wonder whether a human accountant could find more deductions than a computer program? By working with a trusted tax professional you can ask questions and deal with problems as they arise, by interacting with fellow humans, rather than an indifferent computer screen. Over time, you might actually learn to trust the people helping out with your taxes! Then you and your accountant will be able to come up with new and clever ways ways of actually saving money on your taxes-- ways you never have come up with on your own.
2) Access to the Correct (and Better) tools and Education
CPAs (certified public accountants) and professional tax preparers, as a general rule, work with much more sophiscated software than the average amateur has access to at home. This means less chance of error, which can be a major benefit in the long run. Also, a qualified tax professional will almost certainly be better educated in the tax field than you are, and can ensure that you find the most savings possible while avoiding any dangerous tax pitfalls.
3) Save Time and Money
There's a lot of fine print and complicated tax code to sort through come tax time. By working with a CPA or a tax specialist, you can navigate the ins and outs of tax law with more ease and, possibly, save money. In addition, a CPA can assist you in charting out financial strategies and investments in advance. By thinking ahead with a savvy tax professional, you'll save time and money now, and in the years to come.
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