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5 things that trigger your tax planning going from online-only to a tax professional
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Nearly half of Americans use tax software to file their taxes.1 For most people, especially those with a single income source, filing taxes through an online platform without the help of a tax pro is just fine. However, life events like getting married or divorced, having a child, starting a business or side hustle, receiving an inheritance, or approaching retirement can take online filing from simple to strenuous. While online tax prep platforms can be helpful, they can’t always provide the personalized support and guidance a professional can offer when taxes get tough. This might lead you to ask: Do I need an accountant, or do I need a CPA? Can I do this on my own, or do I need help filing my taxes? Should I stop doing my own taxes? While the experience is different for each individual (or couple) filing taxes, a number of common triggers can help identify when it might be more advantageous to hire a tax professional1. Changing family situation Updates to your family circumstances ...
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