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The following article was published in our article directory on February 2, 2012.
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Article Category: Shopping
Author Name: chickie maxwell
A good number of people do not prepare their own taxes. That is understandable because they might be too busy to meet the deadlines in filing of tax returns or they may feel that tax preparation requires certain skills and precision that, if not present, can result in a big mess. While there are already options for taxes to be prepared by computer programs and software, a lot of people still prefer an actual person with the expertise to do their taxes for them .
For people who pay another individual or firm, they are advised to select wisely. After all, even if someone else can prepare the taxes of another person, the taxpayer, not the preparer, is still responsible for what is on his or her tax return. Thus, when hiring someone else to prepare one's taxes, choosing carefully is important. Anyway, most tax return preparers who pride themselves as professional and provide the best possible services to their clientele.
For those who have hired someone to do their taxes for them in the past and was presented with good service by the person who or firm that prepared their taxes, it would be a wise decision to stick with them by rehiring them. But for those who are hiring tax preparation experts for the first time , they need to check out the qualifications of the person first. Is the preparer a member a professional organization that further educates its members on what's new in the field and observes a code of ethics? Since 2011, all preparers of tax returns who get remunerations for their services like agents, CPAs or attorneys are required to have what is called a Preparer Tax Identification Number.
The track record of the preparer may also be relevant. Does the preparer have a questionable track record with the Better Business Bureau? Has the individual or firm been issued disciplinary actions? What is status of the preparer's license in the bar association (for lawyer tax preparers), the state accountancy boards (for CPAs) or the Office of Professional Responsibility of the IRS (for agents who are enrolled)?.
With the history and background checked, the taxpayer of course, needs to know how much he or she will be charged. Tax preparation specialists may have different schemes of charging their clients, and it is wise to stay away from preparers who calculate their fees based on a portion of the taxpayer's refunds. Those boasting that they can let the taxpayer get a higher amount on refunds compared to other preparers should be viewed skeptically.
Accessibility is also key to hiring a tax preparer. The taxpayers should make sure that the individual or firm he or she eventually hires could be easily reached after filing the return has been done on April because any questions or concerns that may arise will come out during this time.
Keywords: tax preparation
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