As the deadline for filing taxes approaches, many people are starting to feel a bit uneasy. While there are a number of websites out there where you can file a tax return on your own, they may do you more harm than good. If you have no idea what you are doing when it comes to filing taxes, then your best bet is to reach out for some professional tax help. Finding a reputable and experienced tax preparer can be very helpful during this time of year. Here are some of the signs you may notice when it is time to hire a tax preparation professional.
Your Tax Return is Very Complex
For people who just have one W-2 to file, taking advantage of an online filing program may be a good idea. If your return is complex and contains a number of different elements, then letting a professional handle it is essential. Filing things like Schedule C documents or even 1099-MISC papers is a very complex matter. Entering in the wrong information regarding these documents can raise a lot of red flags at the IRS. Instead of putting yourself through this type of stress, you need to reach out for some professional tax help.
There Were Major Changes in Your Life in the Past Year
Most people fail to realize that important events like getting married, buying a home or even getting a divorce may warrant the need for professional tax help. There are a variety of deductions available to people who have bought a home in the past year. Neglecting to get help from a professional when it comes time to file taxes may cost you a lot of money. Instead of losing out on a large tax refund due to a lack of knowledge about the tax code, you need to seek out the help of a tax preparation professional.
Do you need professional tax help? Contact Uncle Phil’s Tax Advice at (855)829-8477 or visit our website for more information on how we can help you! You can connect with them on Facebook for latest updates!