How to Choose the Right Tax Prepare

You can’t hide. Each year, if you work and earn a living, you must prepare and file a tax return for the IRS. Also, depending on your state of residence, you prepare and file a state tax return. Imagine … If there was no HR Block or Liberty Tax, who would you turn to for preparing and filing your tax return? What’s more, how would you go about choosing the right tax preparation? In the tax preparation industry, you often think of:

  • Is the tax preparation wrong and looking to tear me apart?
  • How do I know if they know what they are doing?
  • Will they disappear after tax season and leave me high and dry?

In this article, you will find 3 solid and practical tips for helping you choose the right tax preparation. Use these 3 tips to reduce your stress and fear. Get away with confidence that your choice has not only your best interest in mind, but also that it will help you legally reduce your tax bill.

1. Does he or she have a Current PTIN?
The PTIN or ‘Professional Tax Preparation Identification Number’ is a number that the IRS assigns each year to taxpayers. This number is important because you have to be approved by the IRS every year to get one. This annual approval process ensures that preparers are in no trouble with the IRS. You can check someone’s current PTIN status by going to the IRS website and searching for “PTIN” in the search box.

2. Ask About Their Level of Tax Experience
This tip is very important. It’s one thing to have a current PTIN, but what’s the use if you don’t know what you’re doing? Ask about past client experiences, job histories, or even working with the IRS. At the very least, you want to work with someone who has either completed a few tax seasons in one of the retail tax franchises like HR Block or Liberty Tax or gained some certifications or qualifications based on years of experience or passing an exam. Another way to screen tax experience is to ask specific tax questions that you are curious about or have had problems with in the past. They should give you a concise and specific response with relevant tax addresses.

3. What kind of practice does he or she operate?
Finally, and don’t ignore this tip. Ask about the type of tax practice he or she operates. It is only right to work with those who do not have an office or practice specific room. In today’s market, technology has not only changed the way tax preparers work, but also where. Most preparation services are more or less operated. This does not excuse the lack of organization, professionalism and accuracy of the tax return. No matter where or how the preparation works, you should have peace of mind in completing the form promptly and accurately at a reasonable price; the level of customer service received with an expectation of prompt follow-up; and the ability to contact them as needed during and after tax season.

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