Always Choose a Tax Preparer Wisely

          For those who have filed a tax extension, the time to file will arrive soon. At this point, you may be considering hiring a Tax Preparer. The Internal Revenue Service (IRS) wants to make sure that you hire the most qualified individual to care for your needs in this area. This is especially important considering that the taxpayer is always responsible for what is in the tax return, no matter who files it.

          Not all tax preparers are the same, pick one that fits your needs. There are a few things you can look for. Make sure your preparer offers the ability to e-file. This is the preferred method of the IRS and it makes filing so much simpler. Make sure the preparer includes their Preparer Tax Identification Number. All paid tax preparers must sign and put their PTIN on every tax return they work on. Ask about fees. Make sure they are clear about their fees. Stay away from those who want to base their fees on a percentage of your tax refund. That gives incentive to file a fraudulent return to gain an increased tax refund. Understand the credentials. While all are registered with the IRS, the abilities of a tax return preparer are not the same as the rights of Enrolled Agents, Certified Public Accountants, or Attorneys. Knowing the key differences may help you in the long run when making the choice of who will be your Qualified Tax Professional.

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