Double check service for your self-prepared tax return from a tax professional can save you costly mistakes and ensure you are getting the most cash back when filing your taxes this year. Over 600 changes to the tax code make this year even more difficult for self-prepared returns.
Many tax programs like TurboTax, TaxAct and other popular tax programs don’t make it easy to get all of the tax benefits you deserve. Renter’s credits, retirement savings credits, veterans credits, and other credits can put money back in your pocket that boosts your return amount. Claiming more than you deserve can also happen and ends up costing you big time! Who wants to pay back the money you thought was yours at the end of the year?
These do-it-yourself tax prep software can also allow you to claim dependents improperly, which can end up with you owing back the money you received from your return. IRS letters, tax bills, stress, and headaches are what comes from overpayments that are allowed with popular online tax software like Intuit. Using a tax professional can cost you far less than mistakes caught by the IRS and State.
In one case just this year Burman Tax Accounting help a client get over $1000 more from their State of Michigan tax return than she did doing it herself with TurboTax. It is worth your time to get a double check service or go to a professional tax preparer in most cases according to the recent case studies.
To avoid losing money during tax time this year, schedule an appointment with me today.