A tax professional vs Tax Software?

Tax software vs. Accountant?

• My husband and I need to amend our taxes because previously we filed separately due to tax debt. Now that the debt is paid, we need to file jointly. I need to decide whether it's more cost effective to hire an accountant or do it myself. They are charging $750 to amend six years. I am a full time graduate student; my husband is a half-time grad student; he works full time (my jobs have been small) and we have some interest income. Other than that, our taxes should be relatively simple. I anticipate getting marital tax breaks and student tax breaks, which should save us thousands, according to the accountant. Will I find the same breaks if I amend them myself? Should I amend them? If so, is Turbo Tax the best?

• Answer:

  Tax software hands down. As a CPA, i've heard nothing but great things about Turbo tax from those that use it. As a CPA, I can say that most Accountants including Accounting firms are crooks and are overcharging you for simple work.