Every year during tax season, national chains advertise easy, inexpensive tax preparation services at storefronts and kiosks in major retailers. While these providers may offer competent service with simple, straightforward returns, anyone with complex finances should turn to an experienced, independent CPA for help. Below is a quick guide to why choosing a local professional is the right move.

In-Depth Expertise

If you work for a single employer and plan on taking the standard deduction, national chains can likely handle your returns. However, if you have investment income, plan on itemizing any deductions, or work as an independent contractor, minimizing your tax bill will usually require the expertise of an accomplished CPA. Drawing on their extensive training and expertise, they’ll be able to identify deductions you might have missed and help you avoid trouble with the IRS later on.

Strategic Planning

For many taxpayers, minimizing your exposure depends on a year-round strategy, with purchases planned out several months in advance. In addition to tax preparation, CPAs typically offer a broad array of services, including creating strategic plans designed to keep your tax bill as low as possible. Many chain stores, on the other hand, focus exclusively on tax preparation and don’t have the understanding to provide small business owners, contractors, or investors with the advice they need to secure the most favorable outcome possible.

If you’re looking for a CPA with a reputation for excellent service, turn to the professionals at Selph and Friday, CPA. Their accounting team has served the Texarkana, TX, community for 30 years, providing everything from tax preparation and planning to IRS representation and Quickbooks training. Follow them on Twitter for more updates and insights into the topic, visit the website to learn about their range of tax preparation services, or call (903) 792-0281 to schedule an initial appointment today.