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Filing your taxes with a big-box chain? Here's what to know

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
What are big-box tax prep companies? Companies like H&R Block, Jackson Hewitt and Liberty Tax are as ubiquitous as McDonald's or Burger King. And, like those popular fast food c
The article from MSN Money discusses the pros and cons of using big-box tax preparation chains like H&R Block, Jackson Hewitt, and Liberty Tax for filing taxes. It highlights that these services offer convenience, with locations often open late and on weekends, and provide a range of services from basic tax preparation to more complex financial advice. However, there are several considerations to keep in mind: fees can be high, especially for in-person services, and there might be additional costs for things like audit support or refund advances. The article also notes that while these chains employ trained professionals, the level of expertise can vary, and errors can occur. Additionally, there's a risk of upselling unnecessary services. For those considering these services, the article advises to compare costs, understand the fee structure, check the preparer's credentials, and ensure you receive a copy of your tax return for your records. It also suggests considering alternatives like online tax software or IRS Free File for potentially cheaper or free filing options.

Read the Full Salon Article at:
[ https://www.msn.com/en-us/money/personalfinance/filing-your-taxes-with-a-big-box-chain-heres-what-to-know/ar-AA1A2lQf ]