Tax Preparation Services
Find Qualified Tax Preparers in Your Area
There are many different methods that you can use to prepare your tax returns these days, and no one approach is right for each individual. As tax season begins to loom upon us, it’s time to begin for you to decide whether or not to do your own tax return or have it done by a professional tax preparer.
If you have a simple return such as one that requires only a 1040EZ form you may be able to file them yourself and skip looking for reputable tax preparation services . If really like to take your time to study the ever changing tax laws and feel confident you won’t mess them up then doing your own return is an option. This is a good option for the majority of people who don’t have overly complicated returns to deal with, however if you’re not sure or your return is complicated, it’s best to hire a professional tax preparer to handle you tax return.
Finding a qualified tax return service in your area shouldn’t be a hard task. All tax preparers are required to have a Preparer Tax Identification Number (PTIN). Be aware around tax period, lots of short-term hires come on board with tax companies, and some of these individuals aren’t as seasoned as they need to be. It’s a good idea to ask your tax preparer about his or her level and years of experience ahead of time. You can find many will be more than qualified to handle your income tax return.
It’s important to trust the person who’s preparing you taxes. Often, you can be referred by family and friends of previous tax return preparers who they’ve had good experiences with. If you’re a business, you might want to make sure the person preparing your taxes has experience with business returns. Many tax preparers will be courteous and professional when providing these services for you. However, it’s up to you to do your research and ask the right questions.
Questions to Ask Your Tax Preparer Before Hiring
Here’s some important questions you might ask before hiring a tax professional:
- How long have you been filing tax returns for clients?
- Ask how many tax returns they’ve filed. (answer should be several hundred or over a thousand)
- If you’re a business owner ask how much experience they’ve had with business returns.
- Do they charge extra to e-file your return?
- Ask how much their service fees are and see how they compare to others in your area.
- Ask if they have a Preparer Tax Identification Number (PTIN). This is a requirement by the IRS and if they say no it’s a huge red flag!
Tax Preparation Tips