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For many Americans, tax preparation is a fairly straightforward process that can be completed quickly with minimal confusion. However, if your financial situation is more complex or you've made certain investments, you'll likely be better off having a professional handle your taxes for you.

Sharrard McGee & Co PA, tax consultants serving clients in High Point and Greensboro, NC, recommends hiring a professional if you:

  • Have Complicated Finances: If you have many investments of several different types, multiple revenue streams, or own your own business, you will likely benefit from expert tax preparation. Trying to do them yourself invites mistakes that can either lead to trouble with the IRS or cause you to miss deductions that could save you money.
  • Tax PreparationHave Higher Income: The more you earn, the more likely the IRS will be to audit your tax returns. In general, you're less likely to be flagged if you have a professional handle your tax preparation. If you are called in for an audit, your tax accountant will be able to help you understand the issue and provide the evidence you need to clear up any confusion.
  • Have Gone Through A Major Life Change: Almost all major life milestones, from buying a house to getting married, also have important tax implications. Having an expert prepare your returns, at least the first time, will ensure that you thoroughly understand how to document those changes and maximize the benefits you stand to receive.

As a full-service tax preparation and accounting firm, Sharrard McGee & Co PA offers a comprehensive range of services and a level of customer service you can count on. To learn more and schedule a consultation, visit their website today. You can also call their High Point office at (336) 884-0410 or (336) 272-9777 to speak with a tax preparation professional in Greensboro.

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