An accountant helps you manage financial records, file tax returns, and advise on tax planning.
If your tax situation is complex, such as owning a business or having multiple income streams.
The US tax system is progressive, meaning the more you earn, the higher your tax rate.
It’s possible to file taxes yourself using tax software, especially if your finances are straightforward.
An accountant can help you maximize deductions, reduce taxable income, and avoid errors that could lead to penalties.
Fees can vary based on complexity, but the investment may pay off by reducing your tax burden.
The IRS deadline for individual tax returns is typically April 15th. Some states may have different deadlines, so check for local tax requirements.