As we heading towards another financial year end, many of us already suffering palpititions about tax filng and submission. Businesses have started looking for CPAs or tax services in West Los Angeles much like human looks for wildlife in the hunting season.
Hiring professional tax filer or CPA always a good thing and a well-reccomended decision. Buy what if you don't want to spend an extra amount and try doing your taxes yourself? Is that possible? And more importantly, will you be able to do it for free.
In this passage, we will try and explain this to make it crystal clear for you! So follow along to save yourself some time and money!
Whatever you do, or think of doing, the first thing you need is a tad bit of courage and confidence to proceed. So, don’t overthink this and make it more complicated than it already is!
First of all, filing your taxes is not at all a complex matter. It does require you to be focused, but is not rocket science anyway! And owing to the advancements in technology, nowadays there are a plethora of free tax filing software and services available. And guess what, these are provided by the IRS itself!
Another way to file your taxes for free is to utilize the Free File program of The IRS. It’s a great option for all those of you who consider tax filing and reviewing to be something that’s out of this world and hire professional tax services in West Los Angeles for the job.
Taxation is a complex matter, and filing federal taxes was getting more challenging with every passing day. So, in 2003, the IRS Free File Program was launched. This program aimed at making tax filing easier, better, and cheaper.
The plan was to make it easier to file income taxes with the government and reduce mistakes by using electronic filing. They made a free service, which includes forms you can fill out online without any cost.
The aim was to get more people to file their taxes online and make the whole process simpler for everyone, regardless of their income.
Told you, tax matters are complicated! But, the complexity lies in the amount of rules ansd regulations, and how it works. So, the free file program has certain terms and conditions, meeting which allow you to enjoy the benefits of free tax filing!
This program is eligible for people who have an average AGI (Adjusted Gross Income) of $72,000 or less. Therefore, anyone falling under this category is/ are eligible to file their taxes and review them for free!
Financial year ends are nothing short of nightmares to professionals and businesses alike! But not anymore. Rather than hiring professional tax services in West Los Angeles, you can choose to file your taxes on your own, at absolutely no costs attached!