Should You Prepare Your Own Tax Returns?
Oh, it’s that time of year again — time to get together all of the information for my income tax returns. Employers and banks have until January 31st to deliver me the W-2 forms and 1099′s and I dread that day because it means that it’s time for me to file my tax returns for the federal government and the State of Colorado. I don’t know about you, but the suspense of whether I’ll owe taxes or, just maybe, get a tax refund, is killing me.
So, the question remains, Should I prepare my own tax returns or hire a professional to do it for me? Click here to read a tax attorney’s advice on whether or not to hire a professional tax preparer.