CPA vs Tax Software: Is a Professional Worth the Cost?

TurboTax is cheap, but a CPA can save you thousands in missed deductions. Here is the break-even point where paying a pro becomes the smarter investment for your wallet.

BMT Tax Research Team BMT Tax Research Team · 📅 Jan 2026 · ⏱️ 5 min read · TAX-TIPS › COSTS
Software
~$120
Avg Paid Ver.Cheap
CPA Rate
~$450
Avg ItemizedQuality
The Gap
$330+
Worth it?Compare

2026 Price Comparison Table

We surveyed average costs for filing a standard return with itemized deductions (Schedule A).

Method Avg Cost (Est) Best For
DIY (TurboTax) $0 – $130 W-2 Only
Chain (H&R Block) $250 – $350 In-Person Help
CPA / EA $450 – $900+ Biz / Rental
Support Chatbot Human Strategy
What is an EA?
“Enrolled Agent.” They are tax specialists licensed by the IRS. They are often cheaper than CPAs but equally qualified for tax preparation.
Value Proposition
Software (Data Entry) Low Impact
Garbage in, garbage out.
CPA (Strategy) High Impact
Finds loopholes & planning.
Cost Difference ~$330
The price of expert advice.
ComplexityWinner
SimpleSoftware
ComplexCPA

The “Do I Need a CPA?” Checklist

If you check even one of these boxes, hire a professional. The software is likely to miss something subtle.

  • Business Owner: You have a Side Hustle (Schedule C) earning over $10,000.
  • Real Estate: You own Rental Properties (depreciation rules are tricky).
  • Crypto Trader: You have thousands of transactions or DeFi activity.
  • Multi-State: You moved states or worked remotely in multiple states.
  • High Income: You earn over $200k and are subject to AMT or NIIT.

Warning: The “Audit Defense” Upsell

Tax software often scares you into buying “Audit Defense” for an extra $60.

The Reality

If you hire a CPA, they generally stand behind their work (though representation fees may vary). With software, you are often buying a third-party insurance policy that may or may not cover your specific error. Read the fine print.

Frequently Asked Questions

Are tax prep fees tax-deductible?
Generally No. For W-2 employees, the deduction for tax prep fees was eliminated. However, if you are a Business Owner (Schedule C), you can deduct the portion of the fee related to preparing your business taxes.
When should I hire one?
Don’t wait until April. Good CPAs are fully booked by February. Start looking in January or even December.