As tax laws grow more complex, people are increasingly relying on professional tax preparers. The complexity of the tax code is one of taxpayers’ most serious issues, and about 60% of people pay someone for Income Tax preparation in Auburn. Customers should choose carefully, as they are legally responsible for the return’s contents. Below are several tips for choosing an income tax preparer like Capitaltaxservice.net.
Turn to the Web, but Use it Wisely
Local tax preparers can be found with a quick Google search, but it shouldn’t stop there. Customers should check the tax pro’s website and find out about their practices. Don’t be lured by a flashy website, and learn whether the preparer has stayed updated on tax laws. Writing newsletters, doing interviews, and making public speeches are reliable indicators that the preparer is up to date.
Practice Due Diligence
It’s not as complicated as it sounds. Customers should check with licensing agents and professional organizations to determine whether the tax preparer has any unresolved complaints. While a complaint is not necessarily an indication of wrongdoing, a preparer with multiple complaints should be viewed with skepticism.
Ensure The Preparer is Eligible to File Returns
New IRS rules require all paid preparers (including CPAs and attorneys) have a preparer tax identification number, or PTIN. Some areas require preparers to have special licenses to prepare tax returns, and customers should ensure that the company they choose is in compliance with state law.
Learn About Fees
A basic return can cost up to $500 to prepare, but the amount can differ depending on the filer’s location and the complexity of the return. Clients should not assume that the lowest price is the best deal or that the most costly preparer will do the best job. If a tax pro’s fees are much higher or lower than others in the same area, the client should find out why.
Most people rely on family’s and friends’ advice for things such as finding a doctor or buying a car, and they should do the same for Income Tax preparation in Auburn.
