Should I hire an accountant or use something like TurboTax to prepare my taxes?
Accounting and Tax... or in between and go to H&R Block?
I am 30 years old and I've held a couple of different jobs which means I have a few 401(k) accounts lying around. I also own a home in addition to random investments I hold via ETrade. I'm not married but I do support a few relatives that have immigrated here.
With April 15 coming up, what route should I take to prepare my taxes?
The answer to this question depends upon the complexity of your situation and your personal comfort level in doing much of the work yourself. Software and online tax preparation programs work very well for the vast majority of tax payers, with a key caveat. If the thought of navigating tax software causes you to break into a cold sweat, then you should consider working with a professional tax preparer. Many of the tax preparers at H&R Block and other tax-only firms are seasonal employees who are not experts. If your needs are complex, or if you need or want expert advice, make sure that your advisor is an EA (enrolled agent) or a CPA (certified public accountant). Good luck.
