While it's certainly possible to handle tax preparation on your own, you may be overwhelmed by the process. It might've been relatively simple when you first joined the workforce, but significant life events can complicate matters. Thankfully, there's no scenario too complicated for a knowledgable CPA to navigate. Here are some of the advantages of asking a professional to prepare your tax return.

Why You Should Turn to a CPA for Tax Preparation

1. Save Time

Completing various tax forms is time-consuming. Additionally, totaling all your earnings and deductible expenses—which you must do before even starting on the forms—can take hours out of your day. Chances are your time is better spent elsewhere. What's more, you don't need the hassle that comes with poring over complicated documents. Delegating your tax preparation to a professional will save you a considerable amount of time, while also preventing unnecessary stress.

2. Ensure Accuracy

From miscalculations to reporting inaccuracies, many errors can trigger IRS audits. While there's no guaranteed way to avoid an audit, hiring a CPA will at least ensure your return doesn't contain any glaring issues, which will reduce the risk of being audited significantly.

3. Maximize Your Refund

A seasoned accountant will ensure you take all applicable deductions, thereby reducing your overall tax burden. Individuals who are unfamiliar with tax code are more inclined to leave money on the table when they file their returns. However, as long as you turn to a reputable CPA, you can be sure you won't overlook any deductions or credits.

For help with your tax preparation, turn to ZP Tax, Inc. in Silver Spring, MD. Backed by more than two decades of experience, this firm is comprised of certified agents who can assist with all your filing needs. They’re also equipped to resolve all kinds of financial issues. To discuss your needs with a member of their team, reach out on their website or call (301) 587-4829.