There are a lot of computer programs that make filing taxes fairly straightforward; however, they are not foolproof. In fact, hiring a tax accounting professional is typically better for people facing specific financial scenarios.  If you are considering hiring a CPA, turn to Linda M. Shiraiwa, CPA, PS Inc. in Gig Harbor, WA. This certified public accountant prepares taxes for individuals and small business owners, and she gives all her clients the individualized attention that they deserve.

Here are three scenarios when you should consider hiring a tax accounting professional:

• You Have Multiple Streams Of Income: If you are self-employed, you own a business, or you have rental properties, there are certain deductions that you may qualify for that tax software might not offer or prompt you to select. A qualified tax accounting professional, on the other hand, will help you minimize your tax burden by depreciating business assets and deducting business expenses while ensuring you get every deduction you qualify for.
• You Are Setting Aside Money For Dependents: An experienced CPA will help you decide which financial vehicles are best for your particular situation. If you want to set aside funds for the next generation, there are a lot of tax-deferred and tax-free options to choose from.
• You Make More Than $200,000 Annually: As your income increases, your chances of getting audited go up, too. Though many people file their taxes correctly using tax software, those who file with the help of a CPA have the peace of mind that if they ever do get audited, their CPA will be there to help them every step of the way.

Even if none of the above scenarios apply to you, there are still many reasons to hire a tax accountant. The longer you are in the workforce, the more complicated filing your taxes tends to become. A CPA has access to tools that will reduce your chances of filing a return that is riddled with errors. Hiring a CPA will also save you time and money.

If you work with Linda M. Shiraiwa, CPA, PS Inc. in Gig Harbor, WA, you won’t have to spend hours filing your return, and you will know that you’re doing everything in your power to maximize your deductions. Visit her website to learn more about the accounting services she offers, and call (253) 858-6030 to talk to the tax accountant.