Filing Taxes: DIY or Professional Help?

Individuals with simple tax situations, such as those who only receive W-2 forms, can efficiently file their taxes using online software. For more complicated cases, especially for freelancers and self-employed individuals, hiring a tax accountant is advisable for guidance. The use of tax software can save money and time, but having a professional can help ensure that all deductions and credits are leveraged properly. It is essential to recognize when a tax professional's expertise may be worth the investment, particularly when dealing with complex income streams.