What To Look For When Choosing A Qualified Tax Preparer

You can find a tax preparer through personal recommendations from friends or colleagues, by consulting a professional organization, or even by checking a directory. However, it’s essential to choose carefully, as you are ultimately responsible for all the information on your tax return.

Here are some other considerations to keep in mind when finding the best tax preparer or tax advisor for you:

1. Preparer’s Qualifications

New regulations by the IRS require all paid tax return preparers to have a Preparer Tax Identification Number (PTIN). If your accountant cannot provide this information, he or she is not legitimate.

2. Service fees

Be cautious of tax preparers who base their fees on the size of your refund or claim they can secure a larger refund than others—these are red flags. Additionally, ensure that any refund you receive is sent directly to you or deposited into an account in your name.

3. E-filing

A qualified tax preparer should offer electronic filing (e-filing) services, as the IRS requires all paid preparers who file more than 10 returns to submit them electronically. If a preparer does not provide e-filing, it may be a sign that they lack experience or do not meet IRS standards.

4. Credentials

Check the preparer’s history with the Better Business Bureau and look for any

disciplinary actions and the status of their licenses.

5. Tax Return Process

Never sign a blank tax return. Ensure that your tax preparer signs the return and includes their Preparer Tax Identification Number (PTIN), as required by the IRS. They must also provide you with a copy for your records.

Selecting the right tax preparer is an important decision. Choose a professional with the expertise and experience that aligns with your needs. Allison L. Reynolds, CPA PLLC offers comprehensive tax preparation, compliance, and advisory services for businesses of all sizes.