Taxes are complicated. Filing laws are continually changing, and tax jargon is hard to understand. Each year various tax forms are shortened, expanded, and updated by the Internal Revenue Service (IRS). Since most people do not specialize in taxes or have formal training, it can be hard to keep up with every adjustment. Utilizing tax software can lead to a fog of uncertainty when you file your taxes. Did you do them correctly? Will you get audited? That is why choosing a tax specialist over tax software is a great way to ensure your taxes are correct.
As a certified public accountant (CPA) in Colorado Springs, Bennett CPA alleviates the confusion and frustration of filing your taxes. Merrill Bennett specializes in tax planning and preparation for individuals and businesses. Bennett provides comprehensive tax services so you know your taxes are completed correctly. With tax services from Bennett CPA, never worry about tax season again!
If you are questioning if a CPA is better than tax software, below are some reasons you need to hire a CPA next tax season.
1. A CPA is certified
A CPA means a “certified public accountant”, which is administered through the National Association of State Boards of Accountancy (NASBA). Any individual who has achieved this certification has completed the appropriate education, taken the relevant CPA examinations, and gathered enough experience to meet Colorado’s strict requirements. With an extensive educational background, professionals in the CPA field are experts in the tax industry. They are uniquely equipped with the skills needed to help people with their taxes.
2. Your taxes are customized
Tax software has a plethora of tools to try to help people customize their tax returns. These are efficient to a point, but in most cases, the software lacks nuance. Every single tax return is different. Each tax situation requires distinctive filings. For example, a mother of three children who works two jobs will have a vastly different filing compared to a single person who works one. Not to mention, depending on your situation, you can be eligible for tax credits that you may not even know. A CPA will ensure your taxes are customized to save you time and money.
3. You don't need to stress about which tax software to buy
If you have ever explored the selection of tax software, you know that there are a ton of options. Each company brands its programs with distinctive levels of customization. It is hard to sift through and understand which one is best suited for you. By hiring a CPA, you are taking away the guesswork.
4. There is a reduced risk of incorrect taxes
As mentioned above, a big part of using tax software can be guesswork. In daily life, a little unknown is fine. With taxes, however, assuming or filling out information incorrectly has potentially devastating consequences. Errors can result in having an audit performed. This can leave you owing a ton of money in the form of fees. A CPA's whole job is navigating tax law. By utilizing tax consulting services, you are minimizing your risk of incorrect returns.
5. You can get your questions answered thoroughly
Whether you use a free tax preparer software or a CPA, you are bound to have tax accounting questions. Low-cost programs may have a FAQ section or helpful explanations contained within the software, but this generic information leaves gaps. In many of the free software options, if you have questions specific to your tax situation, there is no option to chat with a CPA. One of the benefits of hiring a CPA is that you have access to a professional who understands your tax situation thoroughly.
Additional Benefits of Hiring a CPA
Even if you decide to use tax software, it doesn’t take away the stress of filing your taxes. By working with a CPA, you will know for sure that your taxes are being filed correctly and on time. Still not convinced that hiring a CPA is better than tax software? Here are additional benefits of hiring a CPA:
A CPA uses high-quality, professional software
You will develop a relationship with a CPA
Your accountant can answer questions all year
A CPA saves you time
An accountant will provide you with tax advice
Make Tax Season Easy With Expert Tax Services From Bennett CPA
Tax season is not an enjoyable time for most people, but with the help of a CPA, you never have to worry about the stress of filing your taxes again. Tax software is complicated, confusing, and stressful. When working with a CPA, you don’t have to worry about filing your taxes on your own. You can rest assured knowing that a tax professional is preparing your taxes correctly.
Bennett CPA understands how overwhelming all the nuances of tax law can be to everyday people. With tax services from Merrill Bennett, you will save the most money and time possible. You can have peace of mind that Bennett CPA has you covered during tax season. In the CPA vs. tax software battle, Merrill Bennett always wins! If you have any questions about tax services, or if you need tax preparation, contact Bennett CPA!