Self-filer wants to file taxes on his own to “save money.” He spends about 13 hours filing his taxes.Source: IRS.gov (Estimated average time burden for all taxpayers filing a 1040, 1040A, or 1040EZ is 13 hours.)
Smart-filer knows she isn’t a tax expert. She decides to work with a tax professional to file her taxes. Besides, her life is too busy to deal with taxes on her own. She spends only a couple of hours gathering her forms and dropping them off at her tax pro’s office.
Self-filer (who did his own taxes) gets a $1,824 tax refund. Not bad but . . .Source: Survey of 2,000 Dave Ramsey Facebook fans. Tax software performance varies by individual tax returns.
Smart-filer gets a $2,615 tax refund. That’s $791 more than the self-filer.Source: Survey of 2,000 Dave Ramsey Facebook fans.
How can this be? For starters, the government mistakenly keeps $438 of the self-filer’s money. Plus he misses almost $400 worth of eligible deductions.Source: GAO.gov
Smart-filer got more money back because she used a true tax pro. Tax pros help you get your entire refund.