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The average cost of hiring a professional to prepare your was about $176 in 2017, according to a survey performed by the National Society of Accountants, and you can rest assured that inflation has tweaked that upward at least a little bit since then. This fee was for the simplest of returns, and it could go up or down depending on your area of the country. You can save yourself some money if you identify your tax-time priorities in advance and find the best tax software to address them for you. You can pay extra to have an expert review your finished return for an added measure of confidence before you file, or just back up your file and head off to one of the thousands of H&R Block offices in the U.S.
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If you really run into problems. You can then sit down with a professional for free if you’ve purchased the software. When it comes to this sort of handholding, H&R Block is said to be the best. It even offers a “tax prep checklist” to track down the documents you’ll need to prepare your return. TaxAct offers fewer bells and whistles, but it is equipped to handle returns that include self-employment and investment income. It also has a nice feature called Life Events which zeros in on potential changes in your tax situation from last year to this one.
The web-based program offers 19 icons relating to situations that might currently apply to you. Maybe you bought a home, or you got married or had a baby. You can clink on the corresponding link for extra tips, information, and guidance, although the program won’t incorporate the information into your tax return for you.
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That part is up to you. Jackson Hewitt Premium can handle complex tax situations, although you can’t count on explanatory popups to tell you why it’s done what it’s done, at least not in every situation. There are help topic links, however, as well as readily available links for live support, something most other tax software developers don’t offer. Then again, Jackson Hewitt has more than 6,000 brick-and-mortar locations, so the company is really positioned to offer this service. And it offers a refund advance up to $3,200.