What does it cost to prepare your taxes?
In some cases you can get it done for free! But, there may be some strings attached depending on who you use. Unfortunately we cannot make any recommendations because of the liability sometimes involved with perceived endorsements.
If you got to www.IRS.gov you can find some free resources if your taxes are very simple. Not much more than having one W-2.
Then there are the national chains. There are a couple major ones around and opinions abound as much as there are taxpayers.
If you have more than a couple W-2's, are married, own a home, involved in business, involved in rental properties, and on . . . you probably want a pro who is well versed in tax law for your particular situation. None of the tax professionals have the inside edge on all the tax angles. You want a pro who recognizes their limits and will refer you to a pro with your best interest in mind.
OK, Prices . . .
$75 and up - the simplest tax return with just a couple W-2's
$90 and up - if you are married and/or own a home
$150 and up - if you are involved in a business or rental property
the 'and up' depends on the complexity of your tax return.
You want to be comfortable with your tax preparer and feel they are serving you. If there is any uneasiness, don't hire that person.
You want a tax return prepared correctly. Any mistakes can cost you dearly in penalties and interest.
Copyright © 2008-2010 by Gary W. Lundgren, EA