Who Is The Cheapest Tax Preparer?
There is no definitive answer to this question. It depends on factors such as the complexity of your tax return, the availability of discounts, and the location of the tax preparer. That said, many online tax preparation services offer low-cost or even free filing for simple federal returns, but you have to know how to use the service otherwise you just may cheat yourself out of money.
Our clients demand the best possible IRS refund or the lowest payments if they have to write the check. Our simple returns services usually cost $120 if you don’t have a business or rental properties. Furthermore, when clients use our services, we e file your returns for free.
Where is the Cheapest Place to do Your Taxes?
There is no one-size-fits-all answer to this question, as the cheapest place will depend on your individual situation. However, some tips to keep in mind include checking with various online or offices that offer tax services, demand to know exactly what you will have to pay to get the services you need. Some certified public accountants charge by the hour and some enrolled agents charge by the form. The free tax offers you see are not really free, restrictions apply if you don’t meet their eligibility criteria. Most have free Federal but then you have to pay for your state service to get your refund. As you know free doesn’t always mean free.
But we have qualified tax professionals at Akron Income Tax Co who can prepare your federal return at affordable prices and get you the biggest refund possible. Free State returns, City and E file when we file your IRS federal return or amend returns. Call our office to access our services that will generate the refund from the IRS that our clients deserve.
How Can I Find The Best Tax Preparation office?
If you are looking for the best tax preparer near you, there are a few things to keep in mind while searching for tax help.
1. Find a list of tax preparers in your area
2. Check the Preparer Tax Identification Number (PTIN)
3. Make sure the tax preparer is licensed and insured
4. Start by asking friends and family for recommendations. Check their tax prep fees.
5. Check with the Better Business Bureau to see if any complaints have been filed against the preparer
6. Compare tax advisor fees – some preparers charge a flat fee, while others charge by the hour
7. Make sure your tax preparer offers free e-file
8. Make sure they sign your returns and provide their PTINs
9. Get a copy of the return before it’s filed
10. Make sure the preparer will be available to answer any questions you have during the tax season
Is It Worth Going to A Tax Preparer?
The answer to that question can vary quite a bit. Here are four different situations whether you’re an individual, a small business, or a larger company, where you might consider going to a tax preparer: More often than not, the tax prep fees are worth going to a professional office. An enrolled agent or professional tax preparer can provide the assistance you need to lower your liability and reduce your chance of IRS penalties.
1) The complexity of your return is high. You have businesses or rentals.
2) You have messed up tax situations and will likely owe the IRS money
3) You’re in tax situations where you normally don’t have to file taxes. But this year need to because of life changes (e.g., children, divorce, separation, etc.) or income from an additional job.
4) If you live near the border, it often makes sense when doing state and federal tax returns for both Massachusetts and Connecticut because the total time spent with some high-level preparers combined often runs below 50 hours for both states.
The hourly fee remains the same even when doing both states.
When you’re in doubt, just go to an IRS tax preparer or enrolled agent. You should stick with that decision throughout the year. It’s better than the alternative of trying to file tax returns yourself online. Thereby, possibly missing deductions or having to take them to a tax professional office at the last minute. Furthermore, it is more costly to process a client’s amended return.
As you can see, there are many moving parts to filing IRS returns properly. Keep in mind that the purpose of this article is to help those who aren’t exactly sure how to file their docs. Additionally, they should know what forms need to be included. This topic is far too complex and wide-reaching to cover everything. It is best to seek advice from a professional who is unsure about anything tax-related! So, when you are ready to work with the best tax preparation services, call us! Many online services offer consultation if you’re looking for ways to better prepare yourself for filing next year!