I’ve pretty much always done our taxes — with the exceptions of my husband’s business taxes since those involved franchises and corporations, which I definitely don’t feel qualified to tackle — and I’ll admit that I kind of enjoy figuring out the laws and forms.
However, after talking with a friend who is a tax professional about my tax refund, I’ll admit that I’m wondering if I’ve left money on the table (I don’t think I have since our situation is fairly straightforward even though I work for myself). For now, I’ll probably stick with doing them myself because it’s working for us — since we’re a single-income household with a modest income, we’re not really paying that much in taxes anyway — but as our income grows, I may reconsider.
Today I want to know…
Do you do your own taxes or hire a tax professional?
Do you prefer paper filing or e-filing?
If you use a tax professional, do you use an actual CPA or a company like H&R Block?
What’s your favorite tax preparation program?
Have you ever missed a deduction that could have saved you money?
Looking forward to reading your answers!