Indeed, tax preparation and filing services can be expensive, and these costs can reduce the amount of your tax refund. It’s also important to note that if you make mistakes while preparing your taxes, you could face penalties and interest charges from the IRS, further reducing your refund.
To help save on tax filing costs:
1. Utilize Free Filing Options: For those with an adjusted gross income of $72,000 or less, the IRS offers Free File software. Various states also offer free e
