Tax Prep-Worth paying?

TTinCO · Mar 13, 2006

If I'm a straight-forward wage earner & home owner, is it really worth paying H&R Block or other prep companies to do my taxes?

I've always done them myself, and really don't see where they are going to come up with a bigger refund than what I'm getting.

Thoughts?

Whoson1st · Mar 18, 2006

I look at it as peace of mind / insurance. In case there is an audit--they go with you .

moethepuppy · Mar 19, 2006

If your financial situation as you say it is silly to pay someone to do your taxes. If you are of average intellegence, you can read the directions, fill out your forms and send them in. As far as an audit; very, very few returns are audited and if you tell the truth on your tax return, you have nothing to worry about.

TTinCO · Mar 19, 2006

I decided to say screw H&R and their $145 fee & did them online at Taxact.com in 15 minutes for $20.

Whoson1st · Mar 19, 2006

moethepuppy said:
If your financial situation as you say it is silly to pay someone to do your taxes. If you are of average intellegence, you can read the directions, fill out your forms and send them in. As far as an audit; very, very few returns are audited and if you tell the truth on your tax return, you have nothing to worry about.

Average intelligence is very subjective term. Plus there are changes sometime to the state or Federal tax laws, Plus when you call the Government 800 number for help....whatever they may tell you WILL NOT have any meaning during an audit. Plus I never get tax forms in the mail anymore.
It's not for everyone and they charge too much too, but peace of mind has some value too.