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Who is doing your taxes???

Individuals have an overwhelming amount of options when it comes to filing their taxes.  Options, however, do not always equate to accuracy.  Software programs like TurboTax have become extremely popular amongst those looking to take a do-it-yourself approach to their taxes (an estimated 40 million people used TurboTax in 2010).  The software itself is generally cheaper than what a tax preparer will charge and can be bought at most large retail locations.  Although these programs guarantee 100% accuracy with their calculations, it is very possible and likely one will overlook potential deductions.

Having your taxes prepared by a professional will dramatically reduce your chances of being audited by the IRS and increase your chances of having a larger refund.  Although enticing, taking the do-it-yourself approach or entrusting volunteers to prepare your taxes could potentially cause financial headaches in the future.

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