Is Filing Your Own Taxes a Good Idea?
No single day of the year is dreaded quite like Tax Day. Doing your tax returns can be a nightmare, especially if you’re working without any help. Hiring an accountant can take much of this stress off your shoulders, and might even benefit you in unexpected ways.
Tricky Tax Laws Constantly Cause Mistakes
The main problem the average person has filing their taxes is in the obscurity of the tax code. Whether you’re filing a personal income tax or on behalf of your business, you may find that the federal and state taxes are calculated differently. Sometimes, they can even appear to contradict one another. On tax forms, seemingly every term has a highly specific definition, and every clause has one or more exceptions. For these reasons, some sources speculate that a majority of taxpayers currently file their returns with help from a tax preparation long island ny service.
While …