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The research is in. You can get a larger tax refund by using a Clergy Tax Advisor.

The initial price of tax software ranges from $29.95 to $104.99. While that doesn’t sound expensive, it’s a small part of the total cost. The true cost of tax software is more than just the price you pay at checkout.

How Much Is Your Time Worth?

You’ve got better things to do than taxes. According to the IRS, tax filers spend 13 hours on average preparing and filing their taxes. If your average household income is $50,000, that’s $312 of your time. That’s a lot of money!

*Source: IRS.gov (Estimated average time burden for all taxpayers filing a 1040, 1040A, or 1040EZ is 13 hours.)

The Cost of Missed Deductions

Based on a recent survey, the average tax refund of online tax software users is $1,824. The average tax refund of people using a tax advisor is $2,615.* Get your entire refund by working with a tax advisor.

*Source: Survey of 2,000 Facebook users. Tax software performance varies by individual tax returns.

Connect with Clergy Financial Resources. Save money and time!

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Clergy Financial Resources serves as a resource for clients to help analyze the complexity of clergy tax law, church payroll & HR issues. Our professionals are committed to helping clients stay informed about tax news, developments and trends in various specialty areas.

This article is intended to provide readers with guidance in tax matters. The article does not constitute, and should not be treated as professional advice regarding the use of any particular tax technique. Every effort has been made to assure the accuracy of the information. Clergy Financial Resources and the author do not assume responsibility for any individual’s reliance upon the information provided in the article. Readers should independently verify all information before applying it to a particular fact situation, and should independently determine the impact of any particular tax planning technique. If you are seeking legal advice, you are encouraged to consult an attorney.

For more information or if you need additional assistance, please use the contact information below.

Clergy Financial Resources
11214 86th Avenue N.
Maple Grove, MN 55369

Tel: (763) 425-8778 
Fax: (888) 876-5101
Email: clientservices@clergyfinancial.com