how much does it cost someone to do your taxes

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Doing your taxes can be a daunting task, but it’s an important part of managing your finances. Knowing how much it will cost to have someone do your taxes for you can help you budget for the expense.

The cost of having someone do your taxes will vary depending on the complexity of your return and the type of professional you use. Generally, a tax preparer will charge an hourly rate for their services. This rate can range from $50 to $250 per hour depending on their experience and the complexity of your return. You may also be charged a flat fee for preparing your taxes, which could be anywhere from $50 to $500.

If you’re filing a simple return, such as a 1040EZ, you may be able to find a tax preparer who will do your taxes for a flat fee of around $50-$100. For a more complex return, such as a 1040A or 1040, you can expect to pay a higher flat fee of around $200-$500.

If you’re self-employed or own a business, you may need to hire a certified public accountant (CPA) to do your taxes. CPAs typically charge a higher hourly rate than other tax preparers, ranging from $100 to $400 per hour. Additionally, you may be charged a flat fee for the preparation of your return, which could be anywhere from $200 to $1,000.

It’s important to note that the cost of having someone do your taxes doesn’t include any fees you may owe to the IRS or state tax authorities. You’ll need to factor in any taxes, penalties, or interest you may owe when budgeting for the expense of having someone do your taxes.

Overall, the cost of having someone do your taxes will vary depending on the complexity of your return and the type of professional you use. Knowing what to expect can help you budget for the expense and ensure you get the best service for your money.
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