Should you Hire a Tax Professional to Prepare your Taxes?

Five Reasons Why You May Want to Hire a Tax Professional As you progress through your life, your finances get more complicated and preparing taxes becomes more time consuming and stressful. In fact, according to the IRS, it took an average of 37.8 hours to prepare the regular Form 1040 in 2006, even when using even when using tax software. No wonder tax season is declared by various pollsters as the second most stressful time of the year just behind the Christmas season. If you are one of many Americans who prepare their own taxes, the following list should help you consider whether to hire a tax professional (e.g. CPA or EA) or continue to self prepare using online tax software. ...

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