Beyond Paycheck to Paycheck wrote an interesting post today about the state of today’s tax preparation. Personally, I’ve always completed my income taxes myself. That is mostly due to the fact that they were not complex. I imagine if my blogging income picks up or I start my own business, they will become more complex and I will need some help. I would not like to go to a chain or use a box if they are that complex. I know I/they would miss something and it may end up costing me. The only other choice would be a CPA and they can be rather expensive. But, with technology changing the way it is, a virtual CPA makes a lot of sense. Why pay for the whole CPA when you can get the tax expertise you need for much less?
Of course, if you can do your return on your own (and maximize deductions), that’s ideal. But there are many individuals who can recoup their tax prep fee (and then some) by getting a real professional involved. Furthermore, given the free 30 minute phone consultation with a Certified Financial Planner, Total Candor Tax Prep seems like a great idea. He seems to be growing his practice by word of mouth, which seems like the right thing especially since it’s a repeat business.
Michael has plenty of discounts available for his services. You can get money off for sending in your returns early, being a full-time student, referring other customers and more! Want to be my referral? Head over there and check it out!
What about you? How will you get your taxes done this year?