If it is time to file your tax return and you need help of a professional, you need to keep some factors in mind when you are making your selection. The following article will guide you in choosing the right tax preparer.
The first tip for choosing a tax preparation service is to ensure that they have Preparer Tax Identification Number (PTIN). Any tax preparer whether an accountant, enrolled agent or an attorney, needs to have a PTIN before they can prepare tax forms for you. It is also important to ensure that they have the right education and training for the job before you hire their services. In addition, you may want to consider a tax preparer who continues with their education every year. Besides, you want to choose a tax return preparer that belongs to a professional organization as this shows that they follow set standards. Click Here
Conduct some background check of the preparer to see if they have a questionable history. A good way of finding reputable preparers is by talking to friends and others around you who have used the services of particular professionals before. Make sure that your tax preparer has good ratings with Better Business Bureau and have not been subjected to any malpractice action. You can verify the status of their licences with IRS for enrolled agents, state board of accountancy for accountants and state bar for lawyers.
It is wise to inquire if the preparer will be available outside the tax season. Always ensure that the preparer will be accessible year round and not just before April 15th. After you file your return, you should be able to contact them in case questions about your tax return comes up.
Inquire how long the tax preparer has been in business before you make your decision. You can measure their experience by the number of returns that they do in a year. You also want an experienced preparer who is up-to-date with the applicable tax laws so that you can be assured that they will handle your return accordingly. see more here Tax Preparation In Sunnyvale
The other tip is to know what is included in their services and their fees. Some preparers offer services such as tax returns, audit services while others will offer guidance on how to prepare the returns on your own. Inquire how they are going to charge you and stay away from preparers who charge a percentage of your returns. https://en.wikipedia.org/wiki/Tax
Competent tax preparers will ask to see documentation of your records and receipts. Also, according to IRS, A good preparer will complete your return using Form W-2 rather than using your last pay stub.
Information about your income and investment is very sensitive and when it is not well protected, it could lead to fraudulent activities, hence, inquire about their security procedures. Besides, a competent and professional preparer will follow the security measures set by IRS in order to prevent access to this information by third-parties.