Daily Juice – Should you do your own tax return?

Should you do your own tax return?

Daily Juice – Should you do your own tax return?

Welcome to the Daily Juice Show, where we discuss just one “ingredient” of the complex money topics you face.

This is a question I get all the time from clients.

The answer depends on your situation! And it depends on a few different factors.

  • How complex is your tax return?
  • Do you own a business?
  • Are you self-employed?

 

If you have a complex tax return or own a business, then there is probably an opportunity for you to engage a tax professional to ensure you are minimizing your tax liability.

For those of you who don’t have complex tax return or only have W-2 income, perhaps using online programs such as TurboTax will be a great solution. There software programs are designed to walk you thru the preparation process and you can also reach out for help with questions.

Until next time, remember: It’s your money, and your future wealth, just one sip at a time.

Anna Sergunina
Anna Sergunina
anna@mainstreetplanning.com

I passionately believe that in order to live a life of fulfillment and joy, we must genuinely serve each other in any way possible. I found my mission in life to serve others via financial planning. Anna regularly writes about personal finance. Her work appears on Business Insider, Nasdaq, Nerdwallet, among others. Anna is the creator of Money Flow system.

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