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Income Tax Preparation - Individual/Corporate
Tax preparation is the process of preparing tax returns and may be done by the taxpayer with or without the help of tax preparation software and online services. Tax preparation may also be done by a licensed professional such as an attorney, certified public accountant or enrolled agent, or by an unlicensed tax preparation business. Because United States income tax laws are considered to be complicated, many taxpayers seek outside assistance with taxes (57.7% of individual tax returns in 2008 were filed by paid preparers).
Why hire help?
• As taxpayers, we're required to file timely and accurate tax returns. Unfortunately, the tax code is complicated; meeting these requirements becomes increasingly difficult as a person's income and deductions rise.
• If your taxes are complicated, have bought or sold investments during the past year, or if you are filing business taxes rather than personal, you may be better off hiring a professional.
• If you have had problems in the past, such as overpaying, filing mistakes, or delays, hiring a professional can help you get on track. While all preparers should be able to get you a similar refund, it is possible that you are missing something that a more experienced eye can catch.
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