Who is best to use as a paid tax preparer?
Finding a good tax preparer has never been easy. But the growing complexity of the tax code has made it even trickier. In fact, the tax code is already “beyond the capacity of the great majority of tax experts,” as one prominent bar committee concluded!
More than 60% of all taxpayers used paid preparers last year, up from 46% in the mid-1980s. Many more are likely to need professional help next year unless Congress does something to curb the rapid growth of the alternative minimum tax, a highly complex parallel tax system that ensnared about 3.5 million people last year.
Relying on even the most experienced tax pro is no guarantee of getting a bulletproof return — or even saving money!
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