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Thursday
Mar102011

Tax Tip: Save the Stress, Hire a Tax Preparer

Comstock Images/Thinkstock(NEW YORK) -- Choosing the right tax preparer could save you time and money.

Six in 10 Americans use the help of a preparer come tax season, according to the IRS, but Kiplinger’s Mary Beth Franklin says that most people can do it themselves if they have a straightforward return.

H&R Block's Kathy Pickering says it often comes down to time.

"Even if they feel like they can do their taxes, they just don't want to take the time, they don't want to be bothered with the hassle factor," Pickering said.

When choosing a tax preparer, make sure they have an IRS tax identification number. Jodie Reynolds of the Internal Revenue Service also suggests having the preparer sign your tax returns with that number.

"You'll want to find out what their service fees are because if you go to a preparer that's going to base their fee on a percentage of your refund, that should be a red flag," Reynolds said.

Copyright 2011 ABC News Radio

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