My Mama always told me that two of the happiest times are when you buy something and then once again when you sell that item. With the holidays just around the corner we’ll be likely be doing a bit of shopping. Shortly afterwards the bills will follow and they’ll need to be paid. I like to take advantage of resale sites to help pay those bills off by unloading things we no longer use or need, and cleaning out clutter. Resale sites are a great way to cash in, but it might not completely cover those holiday bills. Which is why I’ve partnered with Jackson Hewitt to tell you about the advantages of and why you should hire a tax professional to file your taxes this coming tax season to help you get those holiday bills covered with peace of mind.
5 Reasons You Should Hire A Tax Professional
Ever Changing Tax Laws
Tax laws change constantly. Some of them are also pretty complicated and can be difficult to understand. Misinterpreting a tax law could inadvertently cause bigger issues. A tax professional can help you navigate new tax laws as well as complicated ones to avoid costly mistakes.
You wouldn’t want to step in front of judge without proper representation and you surely would want an advisor by your side should you be randomly selected to be audited. A tax professional can help you through this long and tedious process. Identity theft is another instance in which a tax professional by your side could ease your burden – something I recently experience and was in no way any fun.
How do I know? I’ve been using a tax professional since the first time I ever filed taxes, mostly because my Mama used one as long as I can remember. Owning a small business has changed my taxes over the years, including the additional forms that now must be filed and navigating what can be written of as expense’s is a huge deal. As are other questions that come up throughout the year and my tax professional is always just one phone call away to help guide me.
When you do your own taxes the risk of making a mistake is very real. Mistakes will cost you time, money – missing deductions or tax credits, delays in refunds and big headaches. Making mistakes, even on the simplest of forms, can happen and all it takes is one misplaced number.
Expecting a refund? When you hire a tax professional like the Jackson Hewitt Tax Service, you can take advantage of using the Express Refund Advance if you pre-qualify. While normally I’m not a fan of loans due to finance fees, the Express Refund Advance is a 0% APR, no fee, loan available for advances from $200 to $1300 exclusively for Jackson Hewitt customers. Can you recall the last time anyone offered you a 0% no fee loan?Claiming the Earned Income Tax Credit this year? New tax laws may delay your refund. Click To Tweet
New tax law changes this year, designed to help the IRS curb identity theft, mean possible refund delays for 26 million consumers. Specifically, taxpayers who receive the earned income tax credit (EIC) or the additional child tax credit (ACTC) will receive their refund no earlier than Feb 15th. Even better news – you can file for taxes as early as December 15 with Jackson Hewitt and qualified clients can receive an Express Refund Advance! You can pre-qualify online today and receive a decision in minutes, and even get an estimate on your expected refund amount. But if you are like me and prefer a face to face, stop into any Jackson Hewitt location or one of the 3,000+ Walmart stores starting December 27th!
So tell me, how will you use your Express Refund Advance?
Disclosure: Today’s 5 Reasons You Should Hire A Tax Professional story was sponsored by Jackson Hewitt. I have received compensation through my partnership with Jackson Hewitt. All opinions and thoughts expressed are my own. As noted in all of my stories, I only share those that I feel with be useful to you, the reader, to help you find a bit of sanity alongside me. Thank you for allowing me to multitask my way through this world in order to share my tips and tricks with you. This disclosure is done in accordance with the Federal Trade Commission 10 CFR, Part 255 Guides Concerning the use of Endorsements and Testimonials in Advertising.