Tax forms are undoubtedly confusing to someone who is not used to working with them. The instructions are often vague and leave you wondering if you have completed the form correctly. In recent years, many people have turned to software to help them file their taxes. While your favorite software program can substantially reduce the time you spend on filing your taxes, they leave much to be desired.
A big problem with any software program is that it only looks at raw numbers. You still have to decide which expenses quality as deductions, which do not, and a host of other things. Working with a tax professional not only saves you the time it takes to prepare your taxes, but it also allows you to get the most accurate advice on which of your expenses qualify as deductions. Everyone likes to get as many deductions as possible, and a tax professional ensures that you will. However, the one thing many people overlook is claiming something as a deduction when it should not have been. This is one of the biggest problems when using software. The ultimate decision of whether something counts as a deduction or not, is left to the user. If you mistakenly list an exemption that should not have qualified, you are leaving yourself open to problems should you ever be audited.
If filing your taxes causes you frustration and using software makes you fearful of making a mistake, it may be time to find a Naperville tax preparation service. Even if you decide to handle your taxes yourself, it may do you some good to speak with a professional to learn the most common mistakes people make when filing their returns.
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