Doing taxes on your own always seems like a daunting task. More daunting is to choose a tax preparer to help you out.
With so many tax payers, competition for services is fierce amongst the tax preparers. Choosing the right one, then, becomes an uphill task. Make sure you know what to look for in a tax preparer!
When choosing a tax preparer, make sure to look out for these red flags to avoid any trouble.
Tax Preparers, Without PTIN
According to IRS, a tax preparer must have a valid PTIN (Preparer tax identification number) to either prepare or assist in filing a tax return. If your tax preparer does not have a valid PTIN, he or she is not allowed to file a tax return.
Tax Preparers Who Do Not Sign
Besides having a valid PTIN, your tax preparer must sign the return. If the preparer does not sign the return, he or she is not allowed to submit the return.
Tax Preparers Who Insist You Should Mail Your Own Tax Return
Tax preparers are supposed to file your tax returns, electronically. If they don’t give you this option, then you should be concerned.
Tax Preparers Who Promise a Higher Refund
If your financial situation has not changed during the last year and your tax preparer is promising a higher refund, then chances are that he or she might have inflated some of your deductions. Check out everything before signing the return and question your tax preparer.
Tax Preparer Who Asks You to Sign a Blank Tax Return
Common sense goes a long way. If it is a blank document, there is nothing to sign. Always review your documents before signing and handing them over.
Tax Help MD
Getting a headache just thinking about doing your taxes? Still unsure about what to look for in a tax preparer? Let our tax experts at Tax Help MD, get rid of this tax-related headache. Call us now on 888-632-4506 and connect with our experts for free advice and consultation.