Once you’ve moved past the 1040EZ tax form, hiring an accountant is a good investment. After all, taxes are far more complicated when you own property or a business, have kids, and must manage all the other trappings of adult life.
While there are many reasons to hire an accountant to handle your taxes, one main reason is that they are professionals when it comes to the constantly changing tax codes. They can also make recommendations when it comes to planning for next year’s taxes.
A qualified accountant has the knowledge and resources that those outside of the profession can’t offer. You probably don’t try to fix your own car, why would you try to do your own taxes?