Deciding whether to do your own taxes depends on your financial situation and comfort with tax laws. If your taxes are simple, with just a few income sources and standard deductions, doing them yourself could save you money. However, if you have multiple income streams, investments, or run a business, the tax process can become complex, increasing the risk of errors and missed deductions. Professional tax services ensure accuracy, maximize your refunds, and help you navigate ever-changing tax laws. They can also provide valuable advice for tax planning and future savings. While doing your own taxes might seem cost-effective, the expertise of a professional often pays off in both time and money saved.