Choosing a CPA Over Free Tax Software

When it comes to tax season, there’s a lot to keep track of: when to submit by, when to expect your return…and the dreaded “Did I file my taxes right?!”

Some people prefer to file their income online using at-home tax software to make things as easy as possible. However, there is definitely some credence to the old phrase “you get what you pay for” because while online tax software is free, there are some pitfalls when it comes to relying on just yourself to correctly file everything:

  • It can be very time-consuming.
    Most people will see the word “free” and jump at the first opportunity, but when all is said and done, filing your taxes the right way can really eat up a lot of your time. You’ll need to organize and submit all of the correct documents, as well as calculate all of your income and expenses in detail.
  • You need to be good at math.
    Sure, all phones have calculators now, but knowing what you need to calculate, and how, is important too!!
  • You need to be very organized.
    Taxes can be complicated! Making sure you have everything on hand with the correct dates and amounts takes a great deal of organization and an eye for detail.
  • You miss out on guidance with tax laws
    While free software is convenient, users find they lack the proper knowledge of current tax laws and all of its intricacies. Using a professional service such as a Certified Public Accountant (CPA) means you receive access to their expert tax knowledge!
  • Sure it’s free – but you might not maximize your return!
    Doing your taxes by yourself runs the risk of missing some of the finer details a professional might spot!

So if you’re not using at-home or business tax software, what are your alternative options?

Answer: a Certified Public Accountant (CPA)!

The benefits of using a CPA to file your taxes:

  • They are certified tax experts who continue to update their knowledge.
    CPAs are required to continue their education as part of their profession and certification, so they truly understand everything when it comes to current tax laws as well as any impending updates.
  • Help you navigate complicated issues.
    If you own property or have complex investments, you’re going to want to report your expenses the right way. A CPA has the expertise to do this for you – so you won’t have to stress!
  • They can represent you in the event of an audit.
    If you end up in the IRS’s spotlight, you’re going to feel a ton of stress, both emotionally and financially. While a CPA can help you avoid this, they can also be your greatest defender if this does happen.

You shouldn’t take shortcuts when it comes to your taxes. Finding help from a knowledgeable accounting firm is less of a headache than struggling with free tax software – and you’ll drastically lower your likelihood of having to speak with the IRS!

If you have any tax issues that need solving or wish to be paired with a team of accountants who are committed to delivering exceptional service with a personal touch, then Hall & Company CPAs is the team you need to speak with. Our accountants specialize in offering clients precise accounting, tax, and auditing services. With over 35 years of experience, our firm can tackle our clients’ financial needs with confidence and an air of professionalism. You’ll always be in expert hands!

You can always email us or call our offices at: 949-910-HALL (4255)