The tax filing deadline is fast approaching, but you are yet to finalize your paperwork. What do you do? Will you go into panic mode and make things even worse?

One of the reasons some small business owners get into trouble with the taxman is the tendency to do everything independently. Although you can collect and piece together a few pieces of information, this process is too complicated for you. That is why you have to hire a tax preparer to take you through the process.

Before choosing to do it yourself or hire a tax preparation professional, you need to know what each option offers.…