Filing taxes can be a daunting task, especially if you're not familiar with the process. The IRS requires any paid preparer to file more than 10 returns for clients to file electronically through the IRS electronic filing system. If your tax preparer doesn't offer an electronic tax return, it may be a sign that the person isn't doing as much tax preparation as they thought. It's important to set aside some time to give it your full attention, as the IRS estimates that the average person spends up to seven hours compiling forms and preparing their tax return.
Business owners should expect to spend about 20 hours paying their taxes. That said, going to a flesh and blood tax professional may be the best option for many taxpayers. This is because a professional CPA can help you resolve the difficult tax issues, such as business structure, tax planning measures, etc., that arise throughout the year. The 60,000 tax professionals at H&R Block have an average of 10 years of experience, which means they can handle even the most complicated returns.
Work with them virtually or in person to get the highest possible reimbursement, guaranteed. Packages paid by tax providers can be a less expensive way for people with more complicated tax situations to pay their taxes instead of consulting a professional in person. However, if you're simply more comfortable going to a licensed tax professional in person, there's nothing wrong with that. Just make sure to watch out for any red flags - such as a fee based on the amount of your refund or someone who says they can give you a larger refund than anyone else's - and you'll be good to go.
