If you make the decision to hire someone to prepare your tax return, it is suggested by the IRS that you choose the preparer carefully. No matter what is in your tax return or who prepares it, the tax payer is the one who is responsible. This means that you should take your time to carefully find a reputable Charleston Tax Preparer for your return. Some points to keep in mind when you are searching for a tax preparer are highlighted here.
Evaluate the Preparer?s Qualifications
You should ask the prepare if they are affiliated with any type of professional organization that offers continuing education and other resources and that holds them to a certain code of ethics. Some new regulations now require that all tax return prepares, which includes attorneys, enrolled agents and CPAs apply for the Preparer Tax Identification Number.
Check the History of the Preparer
You should investigate the background of the preparer to determine if they have any type of questionable history with the BBB and also see if there has been any type of disciplinary actions against them. You should also check to see if their licensure status is in good standing by contacting the proper agency.
Ask about any Service Fees
You should stay away from any tax prepare who bases their fee on a certain percentage of the refund you receive. You should also avoid anyone who claims that they will be able to secure you a larger refund than any other preparer can.
Bring all Receipts and Records Necessary for Preparation of Your Tax Return
Any reputable preparer will ask to see all of your receipts and records and will also ask you a number of different questions in order to determine your total amount of income, as well as your qualifications for expenses, your deductions and a number of other items.
Be Sure the Preparer is Accessible
You should have the ability to contact the preparer you are using after your return is filed and even after April if there are any questions that come up. Some tax preparers will only work seasonally, which may limit their communication after April.
Review the Return Prior to Signing
Prior to signing your tax return, or any document for that matter, be sure to review it carefully and ask any questions you may have. Be sure that you understand everything and that you are comfortable with how accurate the return is prior to signing it.
