Back To Blog

The Tax Decision That May Save You Hundreds

2 Minute Read

Every year, you have two choices with your taxes: go it alone or work with a pro. Tax software may offer a no-frills option for filing your taxes. But is it the best you can do?

Let’s see how it worked for one taxpayer.

color

Local experts you can trust.

Find an ELP

Meet Self-filer. He’s looking to save a few bucks this tax season so he can put a big dent in his debt snowball. He decides to use tax software to file his taxes.

Self-filer rolls up his sleeves and spends about 13 hours filing his taxes. Phew! It’s a lot of work gathering all the right paperwork and trying to decipher the tax code. But he’s not worried because it’s all about the Benjamins, baby.

(Well . . . maybe he’s a little worried. After all, he’s no tax expert. What if he made mistakes on his tax return or missed a big deduction?)

Self-filer crosses his fingers and submits his tax return anyway. When it’s all said and done, he gets a $1,824 tax refund. That’s a pretty big chunk of dough! But could he have done better?

That’s where our friend Smart-filer comes in. She’s got too many plates in the air to deal with taxes, so she turns to a pro for help. Sure, it costs a little more up front, but is it worth it? The difference may surprise you.

Find out who came out ahead in the end.

Jump-Start Your Goals!

Jump-Start Your Goals!

Get our 8-Day JUMP START series and weekly newsletter that are packed with articles and tools to help you win with money.

Reach Your Money Goals

Reach Your Money Goals

Start with a budget. Join the millions already budgeting with EveryDollar!

Create My (FREE) Budget

Thank You!

Your 8-Day Jump Start is on its way to !

More from the Blog