Signs of a Lousy Tax Preparer
It’s almost that time of year again.
The 2014 tax filing season will be here before you know it.
I wanted to share some tips with you regarding finding a tax preparer.
I came across an article that I wanted to share about signs of a lousy tax preparer.
“Taxes are hard enough without having to deal with a lousy — or worse, unethical — tax preparer who could set you up for an unpleasant audit down the line.”
First sign of a lousy tax preparer is your preparer promises a big refund.
There is no way to know if your going to get a refund until the preparer looks at the documentation.
Second sign of a lousy tax preparer is the preparer doesn’t have the proper credentials.
Your preparer should have an IRS issued Preparer Tax Identication Number (PTIN).
Each year a preparer must renew this PTIN with the IRS.
Third sign of a lousy tax preparer is your refund is not deposited into your bank account.
There is no reason that your refund is sent to someone elses bank account.
Much fraud takes place with this kind of actions.
You may only receive part or none of your refund if this happens.
Fourth sign of a lousy tax preparer fee is based on a percentage of your refund.
We have had potential new clients ask us if the fees are based on their refund.
The answer here at Liberty Accounting Plus is no!
“Reputable tax-prep firms charge a flat fee for their services, based on the size and scope of your tax return.”
We agree! You don’t want someone to play with the numbers so that you get a refund and they profit your return.
Most likely when the IRS finds the mistake the lousy preparer will be long gone.
Fifth sign of a lousy tax preparer is they are on the list at the Better Business Bureau with complaints.
The is a sure sign to run.
Becareful when choosing a tax preparer.
You want someone that you can find if you get a notice from the IRS, State and local goverment.