Tax Guru-Ker$tetter Letter
Thursday, May 13, 2004
Other cost of tax compliance
This brings up a good point when considering the overall cost of preparing your tax returns. You could spend 30 or more hours doing your own, and hopefully not make any dumb mistakes; or you could pay a professional to do it in just a couple of hours. How much are those 30 hours worth to you? That's why I long ago stopped doing most of my own work on my cars and motorcycles. It's much cheaper to pay the professional mechanics to do it more efficiently and spend that time making even more money doing CPA type work.