WalletHub compared states on seven key metrics, ranging from the number of accountants and their mean hourly compensation to how much in tax refunds are given in each state.
• 1. Mississippi, the state has the fewest number of accountants for its size and the highest costs for help.
• 2. Texas, relatively high accounting costs and big refunds, meaning taxpayers are not getting good advice to avoid paying so much in taxes during the year
• 3. Tennessee, below average number of accountants for its size, higher costs and the second highest tax refund in the country last year ($1,876.35)
• 4. Indiana, fewer accountants and higher accounting charges, on average
• 5. Arkansas, second fewest number of accountants for its size, and above-average costs for tax services
Source: WallHub, "Best and Worst States for Finding Tax Help." Georgia ranked as the 6th worst and Alabama ranked 18th from the bottom.
Dave Flessner is the business editor for the Times Free Press. A journalist for 35 years, Dave has been business editor and projects editor for the Chattanooga Times Free Press, city editor for The Chattanooga Times, business and county reporter for the Chattanooga Times, correspondent for the Lansing State Journal and Ingham County News in Michigan, staff writer for the Hastings Daily Tribune in Nebraska, and news director for WCBN-FM in Michigan. Dave, a native ...