By Gretchen Ross, CRTP
While it’s true that tax software has taken the number crunching out of doing it yourself, law changes keep adding complexity to every tax return. A simple tax return simply does not exist anymore.
It’s not just the number of inaccurate returns I see that generate IRS letters or worse. It’s the missed opportunities to save taxes or avoid pitfalls–maybe this year or maybe in the years to come.
Turbo Tax doesn’t accumulate knowledge of your financial goals or advise you of the tax consequence of big transactions and how it might affect your goals.
Turbo Tax isn’t there to talk to the IRS if something goes wrong.
There’s peace of mind in that and for only about a couple of hundred dollars or so over the cost of software.
When federal and state taxes are often the highest household expense outside of your mortgage are you going to rely on software?
Seriously?
Gretchen Ross has been preparing taxes since the 1993 tax season. She and her husband, Mike Foster, CPA, run Central Coast Tax Professionals in Morro Bay. Together, they provide personalized attention to their clients. They have over 50 years of combined experience in helping people prosper. Gretchen has her BA in International Studies, has run various businesses and has been involved in many aspects of real estate from development to management. You can read past articles on her blog at www.cctaxpros.wordpress.com
