Why DIY Tax Filing Could Cost You More Than You Think

Financial Horizons: Insights for Building Wealth and Securing Your Legacy 

By Dr. Jose G. Cardenas, Chief Tax Strategist at The C & R Group, LLC

In today’s digital age, it’s tempting to think that filing your taxes yourself is “good enough.” After all, tax software is cheap, easy, and only a few clicks away. But here’s the truth: doing it yourself often means leaving money on the table.

The U.S. tax code is over 70,000 pages long, filled with deductions, credits, and strategies most taxpayers never see. That’s where a tax strategist comes in.

The Hidden Cost of DIY

DIY tax filing may save a few hundred dollars upfront, but the missed opportunities can cost thousands over time. For example:

• Business owners often fail to maximize deductions for home offices, vehicles, and retirement plans.
• Investors miss out on advanced tax-loss harvesting or capital gains strategies.
• High-income earners may overlook credits, deductions, and structures designed to lower their effective tax rate.

In fact, many clients come to me after years of filing their own taxes, only to discover they’ve overpaid the IRS year after year.

The Value of a Tax Strategist

A tax strategist doesn’t just file forms. We design a comprehensive tax plan that reduces liability, safeguards wealth, and supports your financial goals. This means:

• More money in your pocket now.
• Better preparation for future financial events.
• Peace of mind knowing your taxes are done right.

When you view tax planning as an investment—not an expense—you start unlocking wealth you didn’t know was available.

About the Author

Dr. Jose G. Cardenas is a retired U.S. Army Finance Officer and the Chief Tax Strategist at The C & R Group, LLC. With a Doctorate in Business Administration and over 20 years of experience in financial strategy, tax planning, and life insurance, Dr. Cardenas helps individuals and business owners protect their wealth and build a legacy. Learn more at www.thecrgroupllc.com.

📌 Disclosure:
This article is for educational and informational purposes only and is not intended to serve as personalized legal or investment advice. Dr. Jose G. Cardenas, DBA, provides tax advisory services through The C & R Group, LLC. Insurance strategies, including Indexed Universal Life (IUL) and annuity products, may be offered through his role as a licensed financial professional affiliated with Experior Financial Group.

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