How to Choose the Right Tax Preparer for You

Tax preparation is a very important step for anyone residing in the United States. Tax laws can be difficult to understand, and the forms are often long and confusing. Due to this situation, many taxpayers choose to hire the services of a tax preparer who gives them confidence and comfort.
In America, anyone can be a tax preparer; they only need to have an IRS Preparer Tax Identification Number (PTIN). This represents a risk because a bad choice could lead you to lose a lot of money.
Any errors on your tax return may result in overpayment or penalties. Nobody wants to experience something like this. Therefore, you must be very careful when you choose who will be your partner on this path.
Remember: as a taxpayer, you are the only one responsible for the information provided on your tax return.
To avoid inconveniences, the Internal Revenue Service (IRS) suggests some keys to choosing an efficient and reliable tax preparer:

Check their Qualifications

The Directory of Federal Tax Return Preparers with Credentials and Selected Qualifications is available for inspection. A professional with particular qualifications can be found there.
This list does not include all paid tax return preparers. Many other qualified preparers have a current identification number from the IRS, but they don’t participate in the voluntary IRS Annual Filing Season Program.

Check the Preparer’s History
You can ask about the preparer with your local Better Business Bureau. Check to see if any disciplinary proceedings have been taken and what the status of authorized preparers’ licenses is.
Enrolled agents, lawyers, and certified accountants can also help you in the verification process.

Ask About the Service Rates
The IRS warns that preparers who base their fees on a portion of the refund or who anticipate getting bigger refunds than their rivals should be avoided.
It is important to select a preparer who is transparent about their charges. You don’t want surprises.

No Data, No Deal
Taxpayers should not hire a tax preparer who asks them to sign a tax form without data.
A dishonest preparer could use the blank information to commit fraud, inflate deductions, and credits incorrectly, or even submit false information on your return.

Make Sure the Tax Preparer Signs the Return
According to the law, paid tax return preparers must sign declarations and provide their PTIN. It delivers an additional level of accountability and credibility.

A refusal to sign may suggest that the preparer is involved in unethical or illegal activities. Also, it could affect your financial and judicial standing.
Refuse to work with anyone who won’t take responsibility for your taxes!

If you follow these guidelines, you will find the ideal tax preparer for you.

A good tax preparer not only helps you meet your tax obligations but also saves you time and money by providing expert and personalized service. Your financial well-being needs professional advice.

Don’t put your financial future at risk. Protect your money with Global Group!

Contact us at (703) 533-3636 to verify your tax compliance.

To Top