Not only could a fraudulent tax preparer steal your refund, but they could also use your personal information to obtain government benefits or loans in your name. If you're planning to hire help this tax filing season, be careful who you entrust your sensitive financial information to.
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The cost of hiring a professional accountant to do your taxes varies depending on your situation and the tax forms you must file. If your tax situation is simple, let's say you work for a company and need to file your W2, it may cost less to hire an accountant.
The tax preparation fees listed on the return for the year in which you pay them are a detailed and varied deduction and can no longer be deducted. These fees include the cost of tax preparation software programs and tax publications.