Should You File Your Own Taxes?
Consumers, tax season is upon us. Are you still trying to decide whether to file your taxes yourself or to visit a professional? Here’s our quick guidelines to help you make the decision and get your taxes done before April 15th!
Filing On Your Own
We suggest filing online if you:
- Have no investments, you don’t own a business, have a simple return, or have no major changes since the last time you filed
Options: Some great online options include TurboTax, FreeTaxUSA, eSmart Tax, TaxACT, or H&R Block.
Going to a Pro
We suggest finding a tax professional if you:
- Have recently gone through some big life changes, such as you bought/sold a home, cashed out investments, got married/divorced, or are expecting a more complex return with your situation
Options: Reach out in your community to find the tax professional your friends, family, or coworkers trust with their taxes.
Just remember that each option has its own pros and cons, but it all comes down to what you are most comfortable with when it comes to your taxes. Happy Tax Season!