3 Easy Ways to Do Your Taxes

Research shows that tax season gives Americans anxiety. And confusion still reigns around how to prepare taxes.

It’s true that there isn’t much in this world that could make taxes fun. But, by picking the right tax preparation route for your needs you can cut out some of the stress and confusion that comes with reporting your earnings to Uncle Sam. 

TurboTax

TurboTax offers users a self-serve tax preparation platform. The platform is laid out to be highly user-friendly, with many of the fields formatted in a questionnaire style. 

TurboTax offers a number of different packages, including a free basic package, live basic, deluxe, premier, and self-employed. If you require live assistance from a tax professional, you can access this via screen sharing for an additional cost. 

H&R Block provides a similar service to TurboTax, along with options to have their staff complete your return for you. 

H&R Block

An Accountant

In contrast to services like TurboTax and H&R Block, accountant services are tailored to your needs. They are more personal, as you will likely sit down with your account or have a virtual meeting.

Overall, hiring an accountant is a good idea if you want an accountant’s advice and know-how for your taxes, or if you are in possession of numerous assets and investments.

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