When tax season rolls around you have decision to make. Should I file my taxes alone or should I get some help? If you decide to get help, then the question is where to go. A CPA in Reno, a national accounting firm, or use some sort of online filing aide. At Evans Nelson & Company CPAs, we find that many times when a person decides to file their taxes alone they end up with more questions than answers.
There are many reasons why a person may decide not to hire a CPA, but there are many more reasons why a person should. Even if you think you live a simple life and do not think your return can be complicated, you are probably missing an opportunity to save money. One of the main challenges against hiring a CPA is that it costs money. Yes it does. However, you need to figure in the time and money that you can save by hiring a CPA. The majority of the time, your initial cost will be far less than the money and time you will save in the end.
Tax regulations are ever changing, making it impossible for the average person to keep up with the most current policies. This is one reason why hiring a CPA in Reno can help you. CPAs are required to stay on top of all tax changes and are required to attend a specified amount of schooling each year.
If you choose to file your taxes alone, it is likely that you may not fill out the form accurately. If the IRS receives an incomplete form, then your refund will probably be delayed. A CPA in Reno can help you file an accurate tax return, thus speeding up the time that it takes for you to get your refund.
Not only can a CPA in Reno help you to file your taxes accurately, they will make you aware of any possibilities to save money. For instance, maybe you are paying the IRS too much and can cut back on the amount they get from your income tax, thus saving you money each month.
We understand that you may be frightened. Some people are scared that they are beyond help. This is never the case; an experienced CPA will help you get a handle on your taxes. If your bookkeeping is a mess, then they will help you organize your files and give you advice to help you prepare better next year.
If you are trying to decide whether to hire a CPA in Reno, then you need to consider your situation closely. It is likely that a CPA can help you in many ways with your tax preparation and tax filing.