Finding A Tax Professional
Source: Bank of America
Despite the seeming ubiquity of tax-prep software like TurboTax, using a paid professional remains the most popular form of tax preparation-roughly six in ten Americans are expected to use a local accounting firm or a nationwide franchise like H&R Block to prepare their individual tax returns this year. That number is even higher for businesses. For most, the choice to use a tax preparer is one based on convenience and peace of mind. Just as you wouldn't try to perform a root canal or bring a lawsuit by yourself, many entrepreneurs feel the same analogy applies to doing their taxes-let the pros handle it.