Friday, November 1, 2013

Before you hire a Tax Professional


Check the person's qualifications. 
  • ·         Do they have a Preparer Tax Identification Number (PTIN)?
  • ·         Are they affiliated with a professional organization?
  • ·         Do they attend continuing education classes?

Check the preparer's history. 
  • ·         Are they accredited by the Better Business Bureau?
  • ·         Are they in good standing with their professional organization?

Find out about their service fees. 
  • ·         Avoid preparers who base their fee on a percentage of your refund or those who claim they can obtain larger refunds than other preparers.

Ask if they offer electronic filing. 
  • ·         Any paid preparer who prepares and files more than 10 returns for clients must file the returns electronically, unless the client opts to file a paper return. 

Make sure the tax preparer is accessible. 
  • ·         Make sure you will be able to contact the tax preparer after the return has been filed, even after the April due date, in case questions arise.

Never sign a blank return. 
  • ·         Avoid tax preparers that ask you to sign a blank tax form.

Review the entire return before signing it. 
  • ·         Before you sign your tax return, review it and ask questions.
  • ·         Make sure you understand everything and are comfortable with the accuracy of the return before you sign it.

Submitted return should include preparer PTIN. 
  • ·         A paid preparer must sign the return and include his or her PTIN as required by law.
  • ·         Although the preparer signs the return, you are responsible for the accuracy of every item on your return.
  • ·         The preparer must also give you a copy of the return.






from IRS FS-2012-5:

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