Choose a Tax Preparer
In 2020, it's easier than ever to get your taxes filed quickly and at a reasonable cost. (Yes, you read that right. We pay to pay taxes.) The first time you file, it's best to go with a trusted adviser to avoid any costly mistakes. The good news is they handle all of the confusing work, and there are plenty of options:
- Tax Prep Software: TurboTax, TaxSlayer, and H&R Block
- Professional: Certified Public Accountant (CPA) and IRS Enrolled Agent
- Free Low Income: IRS Volunteer Income Tax Assistance (VITA)
Pro tip: Don't wait until April (April 15 is Tax Day, which marks the official deadline for filing) to schedule with an accountant as appointments book up quickly. The sooner the better!