In 2022, the IRS expects to receive more than 152 million individual income tax returns. With such a large number of Americans filing, taxpayers have the chance to choose from more than 6 million tax return preparers. The vast majority of these preparers do their job well and help people get their maximum refund. Lets discuss more about picking a good Tax Return Preparer.
The IRS today reminded taxpayers to choose a tax return preparer wisely. This is significant because, regardless of who prepares their return for them, taxpayers are liable for all information on it. When choosing a preparer, it is best to find someone with: Good character and reputation.
The IRS urges taxpayers to consider these items when choosing a tax return preparer:
Taxpayers should take the time to find a tax return preparer who is qualified, has a professional demeanor, is honest and ethical and charges a reasonable fee.
A tax preparer who is licensed or registered, has passed an IRS competency test, and uses software meeting IRS requirements will get a client one step closer to meeting their own goal of getting the biggest refund they can.
The IRS has tips and tools on IRS.gov that walk taxpayers through the process of finding an approved tax professional, and how to avoid fraud when hiring anyone to prepare their taxes.
If you must pay to get your taxes done, look for an enrolled agent or certified public accountant and avoid cashiers’ checks, money orders, wire transfers, credit cards or undocumented refund anticipation loans.
Find someone who has a Preparer Tax Identification Number (PTIN). The IRS can reverse inaccurate or fraudulent tax refunds based on a preparer’s PTIN application.
Tax Return Preparer Conclusion
Choosing the right preparer can make a difference in how much money is claimed as a refund and when it will arrive in your bank account. Taxpayers can find information on how to choose a tax preparer on IRS.gov.Choose a Reputable Tax Return Preparer by Steve Rogers