CPAs Win!
by Victoria Majors Jones, CPA on 03/10/11
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).
What were the results?
TurboTax: The couple spent $74.95 for the software and prepared their own taxes with a refund of $3,103.
H&R Block: After spending $200 for H&R Block's services, H&R Block determined that they would receive a refund of $2,763.
CPA: For a fee of $350, the couple would receive a refund of $4,063.
Click here to see the video.
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