The IRS commissioner doesn't even do his own taxes. Should you? Financial expert David Bach explains the pros and cons.
By David Bach
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?