AUGUSTA, Ga., Oct. 12, 2026 /PRNewswire/ — When Americans have questions about money, many aren’t turning first to financial advisors or internet searches. They’re turning to friends.

A new survey commissioned by TaxSlayer Pro and conducted by Talker Research found that nearly one-third of Americans who have a financially savvy friend consult that person all the time for guidance on money-related topics. Respondents estimate that following advice from these trusted friends saves them an average of nearly $500 each year.

The survey of 2,000 U.S. taxpayers highlights the value Americans place on financial expertise, and the important role trusted advisors play in helping people make decisions about their money. From investing and credit cards to tax preparation, respondents reported regularly seeking practical guidance from people they know and trust.

“Financial matters can get confusing fast, so it makes sense that people turn to someone they trust,” said Richard Marshall, Director of Sales at TaxSlayer Pro. “That’s really what tax pros do every day — help people understand and make informed decisions about their situation.”

That same need for trusted guidance shows up in people’s personal circles, too. Tax-related guidance ranks among the most common types of financial advice shared between friends. Among respondents who identify as the financial expert in their friend group, 31% have advised others on how to file taxes, making it the most common topic cited in the survey. Respondents also reported giving advice about investing (30%), savings accounts (29%), credit cards (29%), and investment choices (28%).

The survey suggests that many financially knowledgeable Americans may be providing advice that extends well beyond casual conversations. Among respondents who are confident in their tax-filing abilities, half have already helped friends or family prepare tax returns. Additionally, 42% of self-described financial gurus said they would consider making tax preparation their profession.

“As financial questions become increasingly complex, Americans continue to seek trusted expertise,” Marshall added. “For those who already enjoy helping friends and family with financial matters, tax preparation can be a meaningful way to turn that knowledge into a profession.”

Methodology

Talker Research surveyed 2,000 taxpaying Americans with internet access on behalf of TaxSlayer. The survey was conducted online between July 16 and July 23, 2026.

About TaxSlayer Pro

TaxSlayer Pro, trusted by more than 20,000 professional tax preparers nationwide, makes tax filing simpler and less stressful for millions of Americans with exceptional, easy-to-use technology. An authorized IRS e-file provider, the company has been building tax software since 1989. With TaxSlayer Pro, customers wait less than 60 seconds for in-season support in both English and Spanish and enjoy software built by tax preparers, for tax preparers. For more information, visit www.taxslayerpro.com.

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SOURCE TaxSlayer Pro