This, a good tax accountant saves you more than doing it yourself because they know all the loopholes and deductions you can claim without being flagged for an audit.
Totally disagree. You will save far more by doing it yourself. The reason is that you will save little by finding a deduction here or there. You will save far more by actually understanding the tax law, and restructuring your financial life to take advantage of that knowledge. I make a very good income, but pay very little in tax. Most of my assets are sheltered in a living trust. I have set up several corporations, in Delaware, Nevada, California, and the Cayman Islands, and pass my income through whichever offers the most tax benefit for each type of income. Incorporation can be done on-line for a couple hundred bucks, and can save you thousands, so I am surprised so few people take advantage of that.