The Real Cost of D-I-Y Tax Prep

I just finished up my personal income tax return. Tax accountants always do their own tax return first, or last. In between, clients come first.

I use expensive ( > $5K) tax software and have to renew it every year at that price. The problem is that tax software is always written on the fly. Tax season IS the beta test. So, if you don’t know how a tax return should look and where items should be reported and flowing, chances are good your return is going to have some problems.