According to Money Magazine, you may want to fire your accountant if:
1. Your return is straightforward.
If you just have income from wages and interest and some simple investments, you could do it yourself.
2. You have an afternoon to spare.
Depending on who you ask, some people do their taxes in an hour, while others spend the entire weekend. How much time do you spend doing them?
3. You had no major life changes in 2007.
The more things have changed, the more difficult your taxes could be.
4. You have no big questions.
If you know what you are doing, why pay someone to do your taxes?
I use an accountant – my brother. But if I did not have him, I would probably do my taxes myself, although it is getting more and more difficult the further away I get from having the typical 1 job per year like I used to have! What do you guys do? Hire someone or do it yourself?