It is common knowledge that preparing your own income tax return can be stress producing and worry some. There are some things that should always be handled with care, and by professionals, and tax preparation is one of them.
According to studies 77% of taxpayers state they benefited from using a professional tax preparer.
Tax laws have become so complicated most chose to seek the assistance of a tax professional rather than risking the chance of an error and trigger an audit to follow. When individuals do attempt to prepare their own return the most common mistakes are overlooked deductions and credits to which they are entitled. In the long run, the savings in taxes can cover the expense of the service.
Some may chose retail software programs but there is no substitute for an experienced tax professional.