More than four out of 10 working Americans will have had an accountant prepare their taxes this year, primarily because they believe that that's the way to get the largest refund. More than half won't do their own taxes, instead going to an accountant, friend or family member.

Those findings came from the Workanomix survey, sponsored annually by Accounting Principals. The survey found that high earners are not taking any chances with their tax refunds: Among those who make $100,000 or more annually, 66 percent say they want to be sure they claim the most deductions to get the biggest refund possible, compared with 49 percent for those who make between $30,000 and $50,000.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access