Some of my friends use an accountant to do their taxes. Some use H&R Block type places. I always do my own, am I missing something?

Probably not.  Ha! Listen, if you can fill out the EZ form and have no assets yet (a house, stocks, bonds, rental income) then keep on keepin’ on. Doing your own taxes is an excellent exercise for your math brain skills and the IRS provides instructions on everything so it’s really not that hard. But as you get older, own property, work for yourself, have children, roll over IRA’s, invest in commodities futures (AKA isn’t sure what that is but it sounds tricky) it gets damn complicated. At this point, you have to measure how much your time is worth versus how much using an accountant costs. It’s the same conundrum people have with landscapers or house cleaners or even babysitters. At what point is the amount you are paying out, eclipsing the amount you are taking in? And visa versa. Make a deal with yourself. If you hate math, pay the accountant (I always suggest going with referrals over walking into a place cold) but save some money and shovel your own snow. If you can’t take one more day of cooking, treat yourself by going out or getting some of those prepared entrees at the grocery store three times a week but save some money by enjoying the Zen-like experience of cleaning your own toilet. Walk your own dog but maintain your sanity by having someone else walk your children at least once a week.  Balance people, balance!

No sense wasting seven hours of your life trying to decipher the tax code – your time is money too. But delegating, or rather the hiring of service professionals, can be a bit intoxicating and addictive. Next thing you know, you are spending more time working to make the money to pay them, not to mention spending the time to manage them. Figure out what you can afford and if you can, delegate one or more of those hated tasks to a professional. After all, life short darlings and, let’s say it together, you’re gonna’ die.