Tax Season is in full swing. And as of Monday, all of you itemizers can file. I'm a huge advocate for doing your own taxes, especially if you don't itemize. Paying any type of service or person to do them is a complete and total waste of money. In fact, a lot of my friends/family in the past have asked me to do their taxes...and while I've done some, I always tell them I'd much prefer to teach them how to complete their taxes themselves, instead of just doing it for them.
One of my friends actually took me up on that offer last year. I went up to her house after work and we sat down for an hour or so. I explained everything she needed to know about personal income taxes. She was a very excited learner which made me a super excited teacher :-)
I got a wonderful instant message today from her letting me know that I would be so proud of her because she completed her own 2010 tax return today in 30 minutes! I am in fact proud and it goes to show that you should not be afraid to touch your tax return. If you're nervous about getting it right on the first try, have a friend or tax professional look them over before you submit. As long as you complete everything in good faith, the IRS will not truck you off to jail. You'd be amazed at how much mone you can save...
...doing it yourself!
Happy Filing!
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