Saving Money: Doing your own taxes can be free under certain conditions such as income threshold, but may likely still cost the taxpayer up to a few hundred dollars, and some time. That said using a tax preparation service or a CPA can still cost more. While tax software providers have offers allowing the taxpayer to receive any potential refund immediately by borrowing the funds for the short term while the cost here is extortive interest rates and fees. For a lot of people that is an additional cost when you’re face to face with the person trying to sell this added service, or not. I’m sure I’ve done it a half dozen times out of the ~ 20 years I’ve been using TurboTax. So don’t do it. Filing electronically should get your refund asap and it isn’t worth the costs to do otherwise.

Peace of Mind:

Gain Financial Insight: