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How much does it cost to have your taxes done?
How much does it cost for a company like H&R Block or Jackson Hewitt to do you taxes. I am an average person who has done my own taxes the old fashion paper and pencil way for the last 5 years but my husband and I have purchased our first home and we know there is more to it now so we want to get them done professionally but how much does that cost?
8 Answers
- Anonymous1 decade agoFavorite Answer
Threw Jackson Hewitt it an average 125.00 but if you go on our website their are coupons available to you. Please don't go to H&R Block they are outrageous this year.
Michelle Stonebraker-Jackson Hewitt employee
Source(s): www.jacksonhewitt.com - Anonymous1 decade ago
This year I have made a few calls around my home to see what a few different companies are charging. H&R Block up the street told me, for my husband and I, the minimum would be $78.00 - WOW right! - I also called two other places I called were about the same. I guess it depends on the area and if you are filing electronically. I do my own as well, however I am a bookkeeper and do taxes regularly. I have told my clients that it does not hurt to pay someone different (other than yourself) every now and then to do your taxes. It is a good way to check to make sure you are getting all the tax breaks as possible. Which the IRS even states "tax avoidance is expected - tax evasion is NOT". So, be carefully - call around, and try someone, or do it yourself and call a CPA to have them review what you have done - most will not charge an arm or a leg.
Source(s): My own experience - 1 decade ago
The cost to get your income taxes done varies on how complicated your tax return is. The average cost for an itemized tax return is $200 depending on what part of the country you're in. But it can go as high as $1000 or more depending on the complexity of it, such as if you own your own business. It can also depend on who you go with. You want to make sure you pick a reputable tax preparer who won't make any promises or guarantees about refunds, or do any shenanigans like make false claims about the number of children you have. If the IRS picks up on a problem, you'll be the one held accountable even if someone else prepared your return. There's more on this topic in a how to video on picking a right tax preparer at www.SaberHacer.com, in the Personal Finance Channel.
Hope that helps!
Source(s): http://www.saberhacer.com/index.html - Bob FLv 61 decade ago
Where ever you go, it will depend on the complexity of the tax return. JH, Liberty, and Block all charge about the same but Block's preparers are a lot better trained and are typically more experienced than the other two. A CPA firm will charge 20-50% more. You might find this video on the subject interesting: http://youtube.com/?v=fympcTM_btY
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- Anonymous1 decade ago
You may want to check this site out. You can get your Federal Taxes done for Free.
Just another option. I hope this information helps!
Source(s): http://www.efile.com/