Find the Best Tax Preparer: 5 Tips
Tagged Under : PTIN, Tax Forms, tax preparation, tax preparer, Tax Return
If you are like many Americans, you usually pay someone to prepare your tax return. As with any individual or company that you ask to perform a service for you, it’s a good idea to do some research before you choose a tax preparer. Even if you have someone else prepare your taxes, you are still legally responsible for what is on your tax return.
Here are some tips for finding the best tax preparer for you:
-Ask questions. Ask the preparer how he/she keeps up to date on changes in the tax code and what, if any, organizations he/she belongs to that would provide continuing education and resources. Effective 2011, all paid tax preparers must have a Preparer Tax Identification Number (PTIN) that must be renewed every year.
-Check out the preparer’s fees. Preparers should not base their fees on a percentage of your refund. Also, check out several preparers in your area to see what the average fee is. The fees should not be either too high or too low for your area and type of tax return.
-Do not sign a blank return, and run away from any preparer who asks you to do so. It is your duty to sign the forms after you review them. Also, make sure that your preparer signs the forms and includes his/her PTIN.
-Choose a preparer who looks permanent. It may be important to contact your preparer after your return has been filed, so it’s a good idea to use one who doesn’t have a “fly by night” sort of operation. Ask for a referral from a trusted friend or relative, or take a look at online sites that provide user reviews.
-Inspect the preparer’s history. You can always check the Better Business Bureau to see if a preparer has several complaints. CPA’s and attorneys have their own regulatory organizations that you can check as well.






