Tax Preparations - KTRE.com | Lufkin and Nacogdoches, Texas

01/26/07 - Lufkin

Tax Preparations

by Tashun Chism

It's tax time again, and many people are looking for quick and easy ways to prepare their tax returns. Some use tax preparation software, while others go to tax preparers. Tax preparers say at home software is okay, but only if you're familiar with tax laws.

"I would suggest that, even if you want to do your taxes at home, try to read up on tax law. Make sure you know what you're doing," said Lufkin professional tax preparer Deborah Hill.

TurboTax and other tax preparation software can cost anywhere between $20 to $75. But professional tax preparers say they could end up costing you even more in the long run if used incorrectly.

"Some of those people who do in-home tax don't know all the laws, and they lose out on some of the credits," Hill added.

Tax preparers say, if you're not careful filling your income tax at home with software or online, you might end up having to pay them a visit anyway.

"Sometimes, during the summer months, those people who use TurboTax or go online look for me during the summer months to help with a letter they've received from the IRS to straighten out what they have messed up."

For more information on tax returns and tax laws, you can go to www.irs.gov, or visit the Tax Guide section on ktre.com. 

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