We knew it. The profession knew it. Anyone who has ever worked with a CPA knew it.
Now, the rest of the country knows it, too.
“It” is simply this: The best bang for your tax preparation buck comes from a CPA.
In a recent “Early Show” segment, CBS News asked a Miami couple to file their taxes in three different ways — online via TurboTax, with H&R Block, and with a CPA (in this case, Monte Kane of Kane and Company in Miami).
The results were eye-opening.
- TurboTax: The couple spent $74.95 for the service and were quoted a refund of $3,103.
- H&R Block: After spending $200 for H&R Block’s services, they were quoted a refund of $2,763.
- CPA: For a fee of $350, the couple were quoted a refund of $4,063.
Game, set, match.
Sure, your results may vary. But the message is clear: No one delivers results with integrity and insight like a CPA.
In the market for a Maryland CPA? Find one in your area here.
In the meantime, watch the “Early Show” segment in its entirety: