How to Choose a Tax Preparer

There is time before the tax filing season begin and choosing a tax return preparer now allow you to consider appropriate options during your search.  It also allow you time to do some wise tax planning for the rest of the year.  I suggest you not look for a cheap tax preparer who can get you a large tax refund.  Instead, search the IRS directory to locate a tax professional who is listed and meet the minimum qualifications.  Practice rights have changed for the tax practitioner and you should be aware of their rights to practice before the IRS.  Tax professionals with an IRS PTIN can prepare and file your federal tax returns.  Just keep in mind that tax professionals have differing levels of skills, education and expertise.

 As a tax professional, here are several things you should do when interviewing a tax professional. 

1. Check out the preparer’s qualifications as you would any other licensed professional.  Make sure that he/she has a preparer’s tax identification number or (PTIN) to file your return as a paid tax preparer.  Ask if the preparer belongs to any professional organization and attend any continuing education classes.
2. Check for any disciplinary actions and for the status of their licenses.  If they are a CPA check with the state board of accountancy, attorneys, check with the state bar association.  Enrolled Agents, check with the IRS Office of Enrollment.
3. Ask about their fees for services.  You should avoid preparers who base their fee on a percentage of your refund or can get you larger refunds than other preparers.  Have your refund sent directly to you or deposited into your account.
4. Paid preparers that files more than 10 returns must offer IRS e-file services.  So ask to have your return e-filed.
5. Be sure you can contact the tax preparer after you file your return.
6. Do not use preparers who are willing to e-file your return by using your last pay stub before you receive your Form W-2.  Reputable preparers will request to see your records and receipts.
7. Avoid tax preparers that ask you to sign a blank tax form.
8. Before you sign the tax return, review it and ask questions.  Make sure you understand everything and you feel comfortable with the accuracy of the return.
9. A paid preparer must sign the return and include their PTIN as required by law.  He/she must also give you a copy of the return.
10. Use Form 14157 to report abusive tax preparers or file a complaint of suspected tax fraud.

You should give just as much thought into hiring a tax preparer as you would when selecting any other professional to handle such important business of yours.  Know that your return is prepared with confidence, because you have done the due diligence in your preparer selection.  The enrolled agent profession dates back to 1884 when, after questionable claims had been presented for Civil War losses, Congress acted to regulate persons who represented citizens in their dealings with the U.S. Treasury Department.

Contact us today and schedule to have your tax return prepared.