Not many people enjoy tax season, especially if they’re self-employed or have a lot of deductions to address. Knowing how, when and what to file can be every bit as difficult as interpreting the tax code, double-checking your numbers and hoping that you crossed every “t” and dotted every “i.”
For these reasons, taxes can be incredibly stressful, given the labyrinthine tax code and the threats of audits looming over your head. If you can get away with copying numbers from your W-2, you might choose to do them yourselves, but when you have a more complicated work situation, it just makes sense to hire an experienced professional.
Here are the top reasons you should hire a professional tax preparer in Jamestown, ND:
- The tax code just got overhauled: 2018 was the first year that the tax code overhaul was in full effect, and even some accountants are still struggling to understand what, exactly, this entails. When the trained professionals are having difficulty, a layperson is sure to have an even harder time. Save yourself the time and effort of researching how the new laws apply to your situation and leave it to someone whose entire profession hinges on getting it done right the first time.
- It could save you money: No matter how long you’ve been filing your own taxes, there’s nothing like the expertise of a professional. Tax preparers are trained to know the tax code better than anyone else, including what kinds of hidden tax breaks and credits can be applied to your specific situation. You can always opt for tax software, which is helpful for determining which deductions may apply, but there’s nothing like the human touch when it comes to comprehensively evaluating your individual needs.
- If you get audited, you’ll have help: Although IRS audits are rare, making up less than 1 percent of the tax returns filed each year, they do happen. Middle-class earners are the least likely to be audited—but if it happens, do you know what to do? When you hire a tax preparer, you’ll have some recourse and assistance when it comes time to provide the IRS with more information. For many, the peace of mind that comes with getting professional assistance far outweighs the monetary cost—especially if a big refund check comes in the mail.
Ultimately, many people find that hiring a professional nets them a greater refund check as well as the knowledge that their taxes were done properly, which saves everyone time and stress. And working with the same professional year after year just makes the process that much more straightforward.
Work with a tax professional in Jamestown, ND
Working with Craig S. Hanson, CPA means reaping the benefits that come with an accurate tax filing that’s maximized to provide you with the best return possible. Invest in your peace of mind by hiring a skilled tax preparer in Jamestown, ND. We’ll make sure your returns are filed flawlessly and devote our efforts to ensuring the process is as hassle-free as it can be.