You may need more help than usual with your tax return this year, especially if you did some freelance work,…
You may need more help than usual with your tax return this year, especially if you did some freelance work, started a business, lost your job, received unemployment benefits or qualified for different tax deductions.
You can use tax software or an online program, and if your adjusted gross income was $73,000 or less in 2021 you can file your federal income taxes through the IRS Free File program, where the IRS partners with several online tax preparation companies.
But you may want personalized assistance when filing your return this year. A tax expert can make sure you get all of the tax breaks you deserve, especially in a year where your tax situation may be very different than it had been in the past. Many tax professionals can also help you with tax planning that can save you money in the future.
Keep in mind: Most people have until April 18, 2022, to file your 2021 income tax return.
[READ: Legal Secrets to Reducing Your Taxes]
What Kind of Tax Preparer Do You Need?
There are a wide range of options when searching for a tax preparer. Some just complete your federal and state returns and may charge very little if your tax situation is not complicated — if, for example, your income is from a full-time job where you receive a W-2. But if you had a few different jobs during the…
