Yes, that’s accurate. Filing taxes often requires professional assistance, especially if your financial situation is somewhat complex. Hiring an accountant or using a tax preparation software can come with significant costs, which could potentially decrease the total amount of your refund.
Here are a few tips to potentially help reduce your tax filing costs:
1. Self Prepare: If your tax return is relatively straightforward, you might consider preparing and filing it yourself. Plenty of online programs can guide you through the process.
2. Utilize