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With just over six weeks until Tax Day 2011, many have already done their taxes, and most have at least started thinking about doing do so. With that in mind, I thought it would be interesting to run a poll about your preferred method for preparing your federal income taxes.
As for us… After years of doing our taxes myself, first with paper and pencil and later with TurboTax, we ultimately switched over to a tax pro. This decision was mainly driven by a dramatic increase in the complexity of our taxes, as well as a desire to simplify our lives.
I’m still firmly convinced that most people can do a good job on their taxes using something like TurboTax, but there are certainly instances in which enlisting the help of a pro is worth the added cost. This is especially true if you own a small business.
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