This post is sponsored by H&R Block.
Doing your taxes, yourself is a great way to get control of your finances and save money at the same time. If you do not outsource your tax prep, you can be the one who makes decisions on what to claim how to claim it and how to keep proper records. It is a great exercise in personal responsibility.
When you are doing your taxes yourself, you always want to be sure that you are doing it properly. But the reason you are taking the work on is so that you don’t have to lug your paperwork and receipts down to the tax office. You want the convenience of avoiding the trip to a tax preparer. So, the idea of offloading your return to a competent tax professional and getting vetted without leaving your desk is a tempting one.
That is what H&R Block can do for you. Even if you prepare your return on your own, you can have a pro review it for you and make sure everything is up to snuff. And the cost is way lower than hiring a tax prep professional in the first place. Depending on the complexity of your filings, the cost can range from $60 to $90. That is a good deal and could be quite a money saver if the H&R Block rep catches any potential errors.
Having a certified tax preparer take a look at your return can be extremely beneficial for your bottom line. Finding every possible deduction is hard to do on your own. The best way to get the largest return is to turn to professional help. There are all sorts of nooks and crannies in the federal tax code that an amateur could potentially miss. And if you are self-employed or reporting additional income beyond your W2, it always pays to have another pair of eyes on your documents. You can go visit H&R Block.com to start your return today or get it reviewed.
If you do run your own business out of your house, you are probably the type that wants to be in control of every financial detail. But you also understand the value of delegation. You can’t be an expert in everything. Relying on vendors to help run your business is just common sense. You need to apply the same sense to your own tax return.
Plus, a different perspective can bring about new ideas about how to approach your taxes. Having someone with years of experience, who has processed thousands of returns can do more than just catch errors. They can suggest new ways of classifying income or push you to itemize deductions in ways that could be more beneficial to you in the long run.
As you grow older and you have more dependents, more real estate holdings, more investments and just a more complicated existence, you are going to need some help with your taxes. That is the smart move if you are looking to maximize your return.