Hiring a professional ensures time saving as a tax professional knows how to navigate through the tax filing portal. It may takes you long hours or even days to file your tax return if you do it by yourself. For a tax professional it may take just few hours to get the things done
Hiring a tax professional can save you money. A tax professional has complete information on which deductions can be claimed against income generated. However, if you plan to file your tax by yourself, you may end up exceeding the tax cost by missing out deductions.
When you hire a tax professional you can discuss your gain issues with them. They can provide you the possible solution for your issues. However, if you plan to file your tax by yourself, you may get stuck somewhere and need more information
Mistakes can cause trouble
If you happen to make a mistake, you may end up in an audit from the tax department. This will require you to prove everything you mentioned on the portal. Hiring a professional reduces the risk of an audit from tax department.
Peace of mind
Once you hire a professional you can sit back and relax. It reduces stress when you know your work is in good hands.
It is recommended to hire a professional for your tax planning and filing. The cost of hiring a professional can very less than the consequences of filing a wrong tax return. However, hiring a professional to do your taxes do not mean to lift any responsibility on yourself. You are still required to gather documents and do as the professional suggest.