Tax season is upon us, and many of us do our own taxes, whether it be online or filling out the paperwork, however, there are plenty of people who need help. Not every person has taxes that are cut and dry, and some of the questions and requests can be tricky.
Most people have heard of H&R Block since it is one of the most popular companies during tax season that advertises a lot on TV. H&R Block is a great place to go if you think your taxes are pretty simple yet you have a few questions. Many cities have offices where you can either make appointments or just drop in for first come first serve. H&R Block can help you file your taxes in the office or online, and they are a paid service.
TurboTax is an online tax return for those who feel confident in their computer skills. They have basic forms for those who just need to file their income to premier forms for others who have property and other investments. It does cost money to use these forms, but can cost significantly less than using a CPA or tax preparer in some instances.
The IRS has many ways they can help you, so going to their website is a great start. They provide all the forms, and can assist you with any questions. They also have plans, such as Free Tax Return Preparation by volunteers for those qualify, such as senior citizens or those who make less than $51,000 a year.
Jackson Hewitt is the same sort of service as H&R Block, so if you are looking for that type of help, and have a Jackson Hewitt in your area, then this is another option for you.
If you have many investments, many questions or many items you just don't understand, going to a private accountant or CPA may be the way to go. This can be pricey, of course, but if you don't have the time or the understanding for your forms, the money is well worth it. We have friends who went to a private CPA for two tax years, and then after that they were able to do their own taxes since they finally understood what needed to be done for them each year.