Preparing your U.S. federal tax return during tax season can be one of the more stressful financial tasks of the year. Whether you’re a salaried employee, a freelancer, or a small business owner, income tax filing correctly and on time is essential to staying in good standing with the gov. With changing tax laws, many individuals wonder if it’s worth paying a professional or a tax prep company to handle their returns. This guide explores whether hiring a tax preparer is right for you, what the tax preparation fees look like, and how to navigate tax preparation—especially if you have foreign income and/or assets.

Is It Worth Paying a Tax Preparer?

The short answer is: more than likely yes, but it depends. If your tax situation is very simple—for example, if you’re a single W-2 employee with no business income or foreign income—then software like TurboTax might be enough. But for more complex situations, the benefits of hiring tax experts increase.

Here are situations where hiring a tax preparer is likely worth it:
• You’re self-employed or have multiple income streams.
• You own a business or rental property.
• You own foreign assets or have financial disclosures to report.
• You’ve experienced a major life event like divorce or selling a business.
• You want to maximise every available tax credit.

A professional can also help with bookkeeping and tax questions, and may help you get a larger tax refund. Mistakes can lead to penalties—sometimes over $10,000 for a single error—plus tax liability and interest.

How Much Does It Cost to Have a Tax Return Prepared?

Tax preparation fees depend on location (e.g., San Francisco vs a rural area), complexity, and the credentials of the preparer. It may cost $600 or over $10,000 for a very complex tax return.
Credentialed preparers like CPAs, Enrolled Agents, or firms like Dimov often charge more but offer better value due to their years of experience.

How Much Does It Cost to Have Someone Do Your Taxes?

This overlaps with the above question. Pricing varies whether you choose a CPA, an Enrolled Agent, TurboTax, or chains like H&R Block.
It’s best to get a quote based on your individual tax situation. Many preparers offer free consultations. Contact Asena Family Office for a free, no-obligation quote.

FAQs

What’s The Best Way to Set Up a Consultation Or An Appointment With A Tax Preparer During The Covid-19 Pandemic?

Many now offer:
• Online booking
• Phone/email scheduling
• Virtual appointments
During the pandemic, most moved to remote services—still preferred today. Asena uses secure digital tools to keep your information safe.

Are There Ways to Be Safe If I Hire A Tax Preparer When Social Distancing?

• Virtual appointments
• Secure document upload portals
• Electronic signatures
• Digital payments like direct deposit
We use strong encryption and secure upload systems to keep your documents safe.

How Can I Find Out If a Tax Preparer Is Considered An Essential Covid-19 Service Provider?

Yes—most areas (like San Francisco) classified them as essential. Check local or gov sites for updates.

Is It Better to Have A CPA Do Your Taxes?

They are ideal for complex cases and can represent taxpayers before the IRS. However, EAs are also qualified and more affordable in some cases. You can find many such tax professionals in cities such as San Francisco.
For simpler needs, online tax software like TurboTax may be enough.

What Is a Tax Preparer Called?

• CPA (Certified Public Accountant)
• Enrolled Agent (EA)
• Unlicensed tax preparer (check background and identification number)
Always confirm they have a valid IRS PTIN.

Do Tax Preparers Offer Remote or Virtual Services?

Yes. Especially in areas like San Francisco, remote services include:
• Secure uploads
• Video or phone consultations
• E-file submission
• E-signatures and online payment options
Asena provides full remote services—you don’t need to meet us in person.

Does A Tax Preparer Need to Enter My Home?

No. Most work is handled remotely via scans and secure uploads.

Can I Use Digital Payments to Pay For Tax Preparation Services?

Yes—direct deposit, ACH, credit/debit cards, and secure apps like PayPal are accepted.

Is It Worth Paying a Tax Preparer?

For many, yes—paying a professional is worth it.

You Save Time

Even simple returns take hours. A preparer handles it quickly and efficiently.

You Minimize Errors

Mistakes can mean audits or penalties. Professionals use tools like E-file and up-to-date knowledge to avoid errors.

You Maximize Deductions

If you’re self-employed, own property, or contribute to retirement, a preparer may catch deductions you’d miss.

You Get Peace of Mind

Having a pro handle it removes the stress—especially helpful if you’re planning for next year.

If your return is basic (e.g., W-2 only), using online tax tools or free IRS software may suffice.

Where Is the Best Place to Get Your Taxes Done?

It depends on your preferences and budget. In cities like San Francisco, you have many options.

Certified Public Accountants (CPAs)

Best for complex or business tax cases. Also offer tax planning and year-round advice.

Enrolled Agents (EAs)

Licensed tax pros who are often more affordable than CPAs.

National Tax Chains (e.g., H&R Block, Jackson Hewitt)

Great for clear pricing and in person help.

Online Tax Software with Human Support (e.g., TurboTax Live, TaxSlayer Premium)

For tech-savvy filers. Often includes support from tax pros.

Independent Local Preparers

Offer personal touch—just make sure they have a valid identification number.

IRS Free File or Local Volunteer Tax Programs

If income is under $73,000, check for local programs. Even in cities like San Francisco, you can access these if you qualify.

Final Thoughts

Hiring a preparer reduces stress, may save you money, and helps you stay compliant. No matter who you choose, do your research.

And sometimes, the best recommendation comes from a friend.
If you’re ready to take the next step—or have tax questions—contact us for a free quote.