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DIY Tax Filing vs. Hiring a Professional

The IRS commissioner doesn't even do his own taxes. Should you? Financial expert David Bach explains the pros and cons.
By David Bach
Original Content  |  March 15, 2010
 
File your taxes.

In this rough economy, Americans are trying to save every dollar they can. We spend upward of $11 billion each year on tax preparation. Six in 10 taxpayers hire someone to help them fill out the forms and calculate what they owe, while millions more rely on computer programs like TurboTax, H&R Block and TaxACT. Is paying a tax professional throwing your money away?

Who should hire a professional

Photo: Lifesize/David Sacks/Thinkstock
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