What To Look For In A Tax Return Preparation Service
- The Best Tax Accountants Are CPA Qualified
- Doing A “Near Me” Search Yields Local Offices
- Get A Free Consultation Before Paying Fees
- Look For Highly Reviewed Preparers Who File On Time
- Call and Ask Questions About Security of Recordkeeping
There are several things that you need to look for in a tax return preparer.
The first thing is to look at the person’s qualifications. Some of these qualifications need to include a preparer tax identification number, attends continuing education classes, and is affiliated with a professional organization. Then if you are not an attorney, enrolled agent, or CPA, then you are going to need to be able to meet all of the minimal competency requirements. Therefore, once the person has actually passed this test, then they are going to be able to become a registered tax return preparer.
The second thing is the history of the preparer. You want to make sure that the tax return preparer does not have a questionable history. You can do this through the Better Business Bureau website. You can also check to see if there are any disciplinary actions against the person. Checking the status of the person’s license is a good idea and it can be done through the state boards of accountancy for certified public accountants. The state bar association is where you can check for licensed attorneys and the IRS office of enrollment is for the enrolled agents.
The third thing is to find out if they have any service fees and what they are going to be. Therefore, you need to make sure that you are avoiding the preparers who are going to charge their fee based on the percentage of the refund that you are going to get back. This is because most of the time, they are going to promise you that you are going to be able to get a bigger refund through them. You also need to make sure that the refund is going to be sent directly to you or deposited into your account.
The fourth thing is that you need to ask if they have the electronic filing option. If the preparer is going to be doing more than 10 returns for their clients, then they are going to need to have the option of electronically filing the tax returns unless the clients do not want this. Most of the time, this is going to ensure that you will know that your tax return was filed correctly. Therefore, it is one of the main reasons why the clients are going to choose to have their tax returns filed electronically.
The fifth thing is that you want to make sure that the tax preparer is going to be able to provide you with all of the records and receipts that was used to find your taxes. This is so that you will have something to show in case your are audited by the IRS. You also need to be aware of the tax preparer that wants to use your pay stubs before your Form w-2 comes in the mail. This is because you are not allowed to do this if you are trying to file your tax return electronically.
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