How to avoid red flags when you change tax prep
Vcpost.com
Taxes are one of the few constants in life, but what happens when you change the way you do your return? People move or get divorced, tax preparers pass away. There is always the lure of do-it-yourself – the number of people using tax software to file, like Intuit's TurboTax, increases by 6 percent annually, according to the Internal Revenue Service. And then there is the reverse exodus of people who have decided their financial lives are too complicated, and they need to hire a professional. "You definitely need that schedule. You can try to guess at it, and you'd probably be okay, but you wouldn't be doing it 100-percent right," says tax preparer Anil Melwani, who runs his own firm, 212 Tax & Accounting Services, in New York.