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Wednesday, December 24, 2008

Getting Tax Filing Help When You Need It

By Tim Richardson

If you are not sure how to file a tax return, it is very important to get the necessary tax filing help. Most people need help when it comes to preparing taxes and filing taxes. Most of them take their W-2 or 1099 tax documents to their local H&R Block office and have them prepare their tax returns. Tax codes are well known to be complex for ordinary people.

Even though it is good to have someone else prepare your tax return, you should know what to do in theory. If you do not understand how to file tax returns or how to claim tax credits or tax deductions, you should definitely ask for tax filing help. You need to know how to do everything yourself even when you are not actually doing it yourself.

Many people rely too much on the tax preparers or tax accountants that they miss out on some tax deductions or tax credits. The tax preparer or tax accountant does not know everything about you and unless you tell him or her, it will not be used in your tax return to your advantage. If you know how to claim tax deductions or tax credits, you can make sure that the tax preparer or accountant claims everything that you are entitled to claim accordingly.

Some taxpayers would prefer to prepare their own tax returns and not get tax filing help from professional tax preparers. This can save money because tax preparation services such as H&R Block can charge anything from less than $100 for a simple tax return to hundreds of dollars for more complicated tax returns. If preparing own tax return, the taxpayer may want to check out some IRS publications to make sure that he or she understands what to do.

If a taxpayer makes a mistake in his or her tax return, get tax filing help immediately. There are certain mistakes that will need to be corrected immediately such as income reporting. The taxpayer may need to file an amended return. When an amended return is involved, the taxpayer usually need more tax filing help to correct the mistakes made the first time.

Yet another easy way to get tax filing help is to use a tax preparation software. There are many good and easy to use tax software such as Tax Cut or Turbo Tax that will help taxpayers prepare tax returns in a short amount of time. These software can cost very little but if a taxpayer wants a software that comes with lots of worksheets, then it is more expensive. However, the most expensive the tax software, the easier to use.

Overall, getting tax filing help early on is important. Taxpayers do not want to have to file amended tax returns if they can help it. They also do not want to get into trouble with the IRS down the road. There are many nonprofit organizations that offer tax filing help for free. Taxpayers can also call the IRS directly to ask questions about filing tax returns.

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