How to Choose the Right Tax Service
For saving hundreds of dollars on tax returns, it is vital to choose a trustworthy tax service rather than doing it yourself. The tax preparers are skilled professionals who are equipped to make maximum returns on taxes even on complex tax structures.
The different kinds of tax professionals including certified public accountants, enrolled agents and tax attorneys perform almost same types of jobs. For making the right choice from any one of these categories, you need to look at the services and not the professional titles. Follow our tips to choose the most productive tax service.
Verify Certification of Public Accountants
According to Douglas Shulman, the IRS Commissioner, almost 3500 changes have already been brought in federal tax structures and laws since 2000. Certified Public Accountants receive updates on law reformations but it is essential to verify the certification of CPAs. For verification, check the Preparer Tax Identification Number which is federally provided to all CPAs. Check the professional background and ensure reliability of the organization by viewing reviews and taking references from previous clients.
Select the Registered Tax Service
Confirming the registration of the tax service not only brings mental peace but it also secures your tax returns. For confirming the registration of Certified Public Accountants, check the list of American Institute of Certified Public Accountants. If you want to confirm the registration of enrolled agents, then check the list of National Association of Enrolled Agents.
Take Online Help
There are various online directories for finding a tax service near your home. Enter your locality in the search bar of the directory to find the closest tax service. Online directories, like Yelp, have customers’ feedbacks and reviews as well which are helpful in determining the credibility of a tax service.
You may find a credible and registered tax service but it may not be compatible to your complex tax system. IRS allows you to ask some relatable questions from the tax preparer but restricts you from asking hypothetical or aggressive questions. You may ask for references and previous client details. You may also gather information about financial matters including the fee calculation system, charges of the agent, other services, and details of records and receipts required. You can also ask for electronic tax services from the preparer. Some knowledgeable questions can also be asked including information about tax return auditing and secure tax application time.
Spot the Negative Preparers
Some negative tax preparers may trap you by asking you to sign a blank tax return document or proceeding without signing the form with PTIN. A credible tax service will take responsibility of your tax process by providing all forms with PTIN and never asking you to sign any blank document.
It is important to research the market before choosing a tax service. Make phone calls, take quotes and ask relative questions from the tax preparer in order to give your file in safe hands only.
If you need more information about our accounting and tax services, please contact us at 407–344–1012. Freedomtax Accounting’s staff has been providing honest accounting services and tax services for 15 years. Our tax accountants and IRS enrolled agents (irs ea) specialize in corporate accounting and bookkeeping, tax services, tax preparation, back taxes help, tax debt relief, tax resolution, tax planning, itin number, incorporations, and non profit 501c3 tax exempt.
Originally published at freedomtaxaccounting.com.