According to the IRS, the average person who does their own tax return spends a total of 13 hours preparing and filing their return.
If you’re not spending that much time on your tax return, ask yourself – Why?
What might you be missing?
If you make $20/hour, that means spending 13 hours self-preparing costs you $260.
And that’s just the cost of your time.
The starting price of DIY tax software ranges from $29.95 to $104.99, and that doesn’t include all different ways TurboTax or the others will nickel and dime you.
Factor the software cost in and it can easily cost you more than $400 to do your own taxes.
Those are just the hard costs – time and money.
If you miss out on any deductions or other tax planning opportunities, that $400 figure can easily climb into the thousands of dollars.
Before you think about doing your own taxes this year, think about the real costs. Is it really worth it?
At the very least, it’s worth exploring your other options.
We could save you hundreds of dollars on your tax preparation costs this year!
If you want a free, no obligation quote to have your taxes done, send us a message at our website or at Facebook and we’ll happy to give you a call and discuss your unique situation.
Even if you decide to work with someone else, we guarantee you’ll walk away from our call with valuable advice and peace of mind.
We are here to help you.
Learn a few of the benefits of outsourcing your accounting services to our firm rather than hiring an employee to do these tasks for your business.
Outsourcing your accounting and managerial reporting function to our team will give you much-needed support in many areas of your business. We are a full-service CPA firm located in Howard County, Maryland. We serve small to mid-size clients in Maryland, Virginia and the District of Columbia, as well as remote clients throughout the United States and internationally.