When you prepare your own taxes, you may be missing out on deductions, paying a professional to handle your taxes actually saves you money.
Still Doing Your Own Taxes? If you prepare your own taxes, you’re in the minority. Only about a third of Americans do their own taxes, and you can bet they’re not getting all the deductions they’re due. As your wealth increases, so does your tax burden. If you’re still doing your own taxes or having a friend or relative who does tax preparation for you, you’re missing out on the benefits you deserve.
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