As the deadline for filing federal and state taxes looms closer, you may be weighing your options for filing. If you are well versed in tax law, you have the option of filling out and submitting forms from the IRS on your own. Even though it is possible to do so, there are several reasons to use one of the many available individual tax services Des Plaines IL instead of filing independently, including the following.
You’ll Save Time
The amount of time that it will take you to do your taxes depends on many different variables: whether you are filing single or filing jointly with your spouse, whether you are claiming any dependents, and whether you earned money in more than one state over the course of the year, among others. Nonetheless, filling out paper forms and mailing them to the IRS is much more time-consuming than letting a tax service handle the details. If you file online, you won’t even have to worry about printing forms or finding a stamp!
You’ll Save Money
Even though many tax services do charge a fee, they pay for themselves in most cases when you consider the fact that they will walk you through each step to make sure that you don’t miss any opportunities to claim deductions or credits. For example, if you drive an electric car or made an energy-efficient improvement to your home, a tax service will prompt you to provide all of the details to ensure that you receive the appropriate benefit.
You’ll Avoid Confusion
Even if you have an accounting background, it can be difficult to keep up with all of the changes in tax law from year to year. Tax services help you to comply with all of the rules and regulations while avoiding confusion and stress.
No matter how comfortable you are with doing your taxes, it pays to use a tax service rather than filing on your own. There are many options available so that you can choose the in-person or online service that works best for you.