Hiring a Pro to File Your Taxes
Is It Worth It?
If you already have a good relationship with a tax preparer and know that their work is solid and their price fits your budget, you’ll probably be happy to just keep using them. For everyone else, getting a professional to file their taxes is easier said than done. As with any service, you need to find the right person for the job. Remember that if they make a mistake, you’re the one who will pay for it. That’s why after hiring a new tax professional, you should check their work at least once to make sure they’ve got all the details right. This could take as much time and effort as just doing it yourself.
Yet the biggest benefit of hiring a pro – getting help to make sure your tax return is done correctly – can’t be underestimated. For example, if you own a business, work as a freelancer, have a profitable side hustle, or even just bought or sold a home, there could be deductions you don’t know about or expenses you never thought to claim. An accountant, bookkeeper, or other income tax professional can ensure you’ve claimed, deducted, and filed everything you need to. Besides that, the peace of mind from knowing you’ve got backup in case of an audit could itself be worth the price (which is also deductible on your return).