How to Choose a Tax Preparer
Every state has set different criteria for becoming a tax preparer. In some states it is through licensing and in others it is through educational qualifications. However, a public accountant, a lawyer or an enrolled agent by Internal Revenue Service (IRS) are few officials, who are always the reliable tax preparers.
Now the question arises how to find the best tax preparer for you. There are several ways to find one. You can look out for classified ads, state level Certified Public Accountants (CPA), enrolled agents organizations. You can also ask your acquaintances if they already have someone preparing tax returns for them. Online tax information can also be searched, here along with the tax preparation firm names you get to know their reliability reports.
While choosing a tax preparer it is very crucial to count the experience of that person and also, his knowledge about the current taxation laws. He should have an eye on tax laws all the time, as they keep changing every now and then.
Every state has different laws and rules for tax returns, if your financial interests are in more than one state you should look out for a preparer, who is well versed with the tax laws of both the states and has already worked in those situations. I bet experience always pays off better in future. Look for someone who is available throughout the year rather than being available in only three four months of taxation.
After finalizing your tax preparer based on the above criteria don’t forget to take care of few crucial things like clearing all your financial records with the preparer, if you don’t want him to make his own judgments about your records.
It is always advised to do a survey before choosing on one tax preparer, ask about the fee, and compare it. You are most likely to come across a situation when you are lured by a preparer who charges low and has made a very low return, but you won’t like to ignore the fact that it might be of full of mistakes. You have to take a final call on whether you want a lower return with full of errors or a higher return with perhaps zero error. If possible the statement regarding fee should be taken in written, to avoid any kind of money hassles in the future. The fee varies depending upon the complexity of your tax return.
This article provides some of the tips on How to Choose a Tax Preparer I hope you will find something that helps you.For more information, please visit: thedollartimes.com
Processing your request, Please wait....
