'Tax laws are not always black and white. They are gray and they are very much subject to interpretation.'
The face-off Is tax season fun for anyone? Maybe it is for accountants who love their job. Or for taxpayers who get an unexpectedly large refund
Why it matters Taxes may be a pain, but ignore them at your peril. Making a mistake on your tax return can lead to a bigger than necessary tax bill, or worse yet, fines or even an audit. Knowing the right deductions, credits and other tax breaks to claim can save you big bucks — just look at billionaires like Warren Buffett, Amazon’s AMZN Jeff Bezos and Tesla’s TSLA Elon Musk.
When you work with a human tax pro like a certified public accountant or enrolled agent, you typically meet with them, hand over your financial information, and they handle the rest from there. Prices for their services range from about $200 to more than $700, depending on what part of the country you’re in and the complexity of your return, according to a 2021 survey from the National Society of Accountants.
My reasons Most of us want a no-fuss, no-muss tax solution. Tax-prep software seems to be the most likely to deliver that at an affordable price.
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