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Higher tax filing costs could take a bite out of your refund

That’s correct! Each year, millions of people have to pay a professional to prepare their tax return for them. These costs can add up and significantly reduce the amount of your refund. There are various factors that can influence tax preparation costs, including the complexity of your tax situation, where you live, and whether you have any unique circumstances such as self-employment income or rental properties.

Several options can help reduce these costs:

1. Free File: The IRS Free File program provides free federal tax preparation

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