As taxpayers prepare for tax filing season, it is critical that they choose tax return preparers that have the necessary skills, education, and knowledge to file tax forms correctly. Taxpayers are ultimately accountable for all the information on their tax returns, regardless of who prepares them.
There are several sorts of tax preparers, such as certified public accountants (CPAs), registered agents, and attorneys. A person should select a tax preparer that works best for their requirements.
Here are some suggestions to assist individuals select a CPA:
Inquire about fees. Taxpayers should avoid tax return preparers who ask for a portion of the refund and should be wary of preparers that say they can receive higher refunds than other tax preparers. PSACPA provides free quotes and a comprehensive fee structure based on each service we provide.
Ask if the preparer plans to use e-file. The fastest way to obtain a tax refund is by e-filing and choosing a direct deposit. Luckily, PSACPA does electronic filing and has secure online portals for our clients to upload and keep track of necessary tax documents.
Choose a firm or individual with a track record. Preparers may be asked to answer questions about the tax return months or even years later. With this in mind, PSACPA keeps up to seven years of records for our clientele.
Ensure the preparer signs the tax return and includes their Preparer Tax Identification Number. Paid tax return preparers must have a PTIN and include it with each return they prepare. Naturally, PSACPA includes this on all tax returns that we file.
Consider the person’s credentials. Only attorneys, CPAs, and registered agents are authorized to represent taxpayers before the IRS on tax matters. Other tax return preparers who engage in the IRS Annual Filing Season Program have limited ability to advocate for taxpayers during audits of returns they prepared. PSACPA boasts a team of certified CPAs available to assist with your tax needs.