Self-prepared tax returns are completed by the individual themselves, while professional tax returns are completed by a tax professional, such as an accountant or tax preparer. Professional tax returns may offer more expertise and knowledge of tax laws and deductions, but they also come with a cost. Self-prepared tax returns can save money, but may not take advantage of all potential deductions and credits. It’s important to note that when you choose to use a professional, you are still responsible for the information on your return, even if it was prepared by someone else.
Comments