Higher tax filing costs could take a bite out of your refund
Yes, you’re correct. If you decide to hire a professional to help with filing your taxes, it may eat into your potential tax refund. Hiring professionals can range from $100 to several hundred dollars depending on the complexity of your tax situation. However, for many people, using tax prep software or online services can also be enough and usually cost less than hiring a CPA. If you’re considering hiring a professional, be sure to factor this into your budget. Additionally, there are some free tax filing