Tips on choosing a Tax return preparer

Tax is a financial charge or other levy imposed upon a taxpayer by a state or the functional equivalent. With tax comes tax returns where a taxpayer makes an annual statement of income and personal circumstances, used by tax authorities to assess liability for tax. While many organisations and individuals prefer undertaking this task on their own, others also take the option of hiring an expert tax preparer. Below are a few tips which can assist in choosing a tax return preparer.

Check the persons qualifications – It is important to find out if the preparer is affiliated with a professional organisation and attends continuing education classes.

Check the preparers history – Always check if the preparer has a questionable history with the Better Business Bureau and check for any disciplinary actions and licensure status.

Find out about their service fees – Avoid preparers who base their fee on a percentage of your refund or those who claim they can obtain larger refunds than other preparers. It is also important to ensure any refund due is sent to you or deposited into an account in your name.

Ask if they offer electronic filling – Any paid preparer who prepares and files more than 10 returns for clients must file the returns electronically, unless the client opts to file a paper return.

Make sure the tax preparer is accessible – It is key that you are able to contact the tax preparer after the return has been filed in case questions arise.

Provide all records and receipts needed to prepare your return – Reputable preparers will request to see your records and receipts and will ask you multiple questions to determine your total income and your qualifications for expenses, deductions and other items.

Never sign a blank return – Avoid tax preparers that ask you to sign a blank tax form.

Review the entire return before signing it – Before you sign your tax return, review it and ask questions. Make sure you understand everything and are comfortable with the accuracy of the return before you sign it.

Ensure the preparer signs the form and includes his/her tax identification number – A paid preparer must sign the return and include his or her PTIN as required by law. Although the preparer signs the return, you are responsible for the accuracy of every item on your return. The preparer must also give you a copy of the return.