So many people use online software or websites that allow you to do your own taxes. These services are easy to use and do a good job of what they offer, but the real question is, are you getting the most out of your income tax or do you even know what you’re eligible for? You are almost blind unless you know all about cutting and the things that might qualify you. I put together this guide to show you what you’re missing out on by not going with a professional.
More Pieces
It’s a very cool fact that a professional will be able to look at your profile and tell you what kind of additional pieces you might qualify for. There are race, work-related, and travel-specific deductions that many people overlook when they use the software. This software is not human and can’t remember previous experiences where someone got deducted because of this or that. It can only measure what you will receive by what you put in. A professional will ask the kinds of questions that software can never teach you to ask.
Customer service
You have a team completely dedicated to you. It’s great to have someone you can call and ask questions. Learning what happens in the tax preparation process will help you understand what types of tax breaks qualify, so that in the future you may be able to do your own taxes and still get a big refund. Plus, you’ll be able to sit back and relax, knowing that your taxes are done by a professional who will take care of everything.
Audit
The last thing you want to do is use one of those software to do your taxes and the next thing you know, the IRS will come to you with an audit. Auditing can be a scary thing if you’ve never experienced it. Even people who have, will most likely never want to experience it again. Most tax preparation companies have audit protection services that put them in the driver’s seat if an audit is to be conducted. The process will be fully handled by their support team and they will report back to you. Some software comes with audit protection as well, but it’s a bit scary ordering anything offline these days.
Hiring a professional eliminates all the risks and possible mistakes you can make if you prepare your own taxes. I know it’s cheaper to go the software route but the amount of money you can get back on your taxes using a professional should cover the difference.