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Yet, this past fall I attended a continuing legal education course on tax law and a very prominent tax attorney said "it is amazing how often software can save you, I would have never thought of that offset on my own!". Hmmm, maybe software isn't that bad. We'll see how this year goes. Will the accountant come up with some things we would have never thought of? I don't necessarily want to go back to an entire weekend of tax forms, but Turbo Tax worked very well for us previously. In my year devoted to reduction, reuse, and recycling, my accountant needs to perform.
How about you? Are you do-it-yourselfers with taxes? What is your favorite program? Or, like us, do you outsource?
Happy Tax Season everyone.
The nice thing about accountants is that they are used to filling out forms. They do that mechanical work for you and handle the psychological stress of filling out impersonal forms that you're promising under penalty of jail that you're being honest.
ReplyDeleteI'll admit that I considered an accountant this year when we got a letter in the mail from someone offering state and federal prep for $120. The federal and state turbo tax is usually $70-80. Not much of a difference, which made it tempting.
DeleteBut our situation is far less complicated than yours, just a couple of W-2s, so I'm sticking with doing them myself with the computer program. A big benefit of this is working on my own time table and not having to coordinate with or meet with someone else.
If I was self-employed and/or had employees, though, I think I'd be outsourcing/stimulating the economy too.