As tax laws become more complex, many taxpayers rely on software and tax preparers to file returns. Those opting to hire a tax preparer should choose carefully, as they’re responsible for the information in the return regardless of who prepares it. By choosing a knowledgeable Tax Return Preparer in Weymouth MA, taxpayers can file their returns while staying on top of major issues.
Perform Due Diligence
This step involves research on the taxpayer’s part. Licensing agencies and professional organizations can tell filers whether a particular preparer has any complaints on their record. While complaints aren’t always an indicator of wrongdoing, a preparer with numerous complaints should be viewed with skepticism.
Ensure the Preparer’s Eligibility
New regulations from the IRS require all paid preparers, including CPAs and attorneys, to have a PTIN (preparer tax identification number) to prepare federal returns. Moreover, some jurisdictions require preparers to have certain licenses. Taxpayers should make sure the preparer is in compliance with state law.
Learn About Fees
Preparation of a basic federal return can cost up to $500, but the amount can vary based on location and complexity. Cheaper isn’t always better, and the most expensive preparer isn’t always the best. If a preparer’s fees are drastically higher or lower than those of other local services, the taxpayer should ask why. If a preparer bases pricing on the size of a potential refund, the filer should consider taking their business to our website.
Be Intuitive
A professional preparer will readily answer phone calls and questions, but certain times of the year are busy. Responsible preparers will tell clients which documents to bring to appointments, and they will make clients feel at ease. If the preparer asks the filer to sign a blank form, they should find a different tax service.
Find an Available Preparer
A Tax Return Preparer in Weymouth MA who only does business in March and April isn’t as good of a choice as one who remains in business all year long. If a problem arises with a return, the client should be able to reach the preparer with questions. Clients should ask when the office is open, and how they can contact the preparer after tax season is over. You can also visit their Facebook page for regular updates.