Content Overview
Do I Need An Accountant?
If You Are An Individual
Next » « Previous2/3
Whether you think you need an accountant or not, consider at least having an initial visit or telephone discussion with one. Discuss your medical expenses to make sure you are maximizing your deductions and minimizing your taxes as much as possible. Also mention any other aspects of your financial life that are not cut and dry.
Need for an accountant
You may need an accountant if:
- Your tax situation is complicated.
- You have real estate investments.
- You have enough assets so that income tax planning would be worthwhile.
- You start your own business.
Alternatives To Using An Accountant
If your personal income taxes are your only accounting concern, you might be able to save money by using:
- An income tax preparer who is not a certified public accountant.
- A computer software program, such as:
- CCH Complete Tax
- FreeFile from the IRS -- a free federal tax preparation and electronic filing program for taxpayers with an Adjusted Gross Income (AGI) of $57,000 or less in 2013.
- TaxAct
- TaxCut (from H&R Block)
- TurboTax
Get Your Personal Guide
Please share how this information is useful to you. 0 Comments
Post a Comment Have something to add to this topic? Contact Us.