Posted On January 31, 2014

Research tax preparers for help in filing a return with the IRS

Some persons just don’t have the mental or emotional inclination to want to fill out tax returns. Others don’t have the time for arduous calculations or for referencing diverse provisions of the tax code. Many taxpayers seem to feel that the tax return process for filing with the IRS has gotten more complex and time-consuming than ever before. For many taxpayers in Nevada and other states, it’s thus prudent to have an outside consultant prepare the tax return for them.

Some employees may have the benefit of tax preparation perks provided by their employer. This may include tax preparation seminars at work conducted by qualified preparation firms. Employers may also negotiate group discounts with these firms and subsidize all or part of the employee’s remaining cost. Some employers also provide a popular annual tax preparation class at work to help employees fill out their own returns.

When deciding on whom to choose as a tax preparer, it’s important to choose a trustworthy service. They’ll be handling your private financial information, which could facilitate a potential criminal identity theft. Remember too that tax preparers must have a Tax Preparer Identification Number issued by the Internal Revenue Service. If they don’t have one, don’t use them.

Research the preparer. Try to weed out anyone with a history of trouble in the field. Furthermore, a reliable service will have many successful seasons under its belt. The bottom line is to try to stay away from potentially fraudulent or incompetent operators who don’t have a strong reputation for service in the community.

Consequently, credentials can be an important factor in choosing a tax preparer. Nevada residents looking for assistance are well-advised to remember that only attorneys, certified public accountants and enrolled agents are qualified to represent taxpayers in audits, collections, and administrative appeals before the IRS. Only attorneys can handle appeals that go into the federal court system. Furthermore, when in doubt about the potential complexity of one’s return, it’s best to choose someone with demonstrable credentials in complex as well as standard tax issues.

Source: dallasnews.com, Be picky when choosing a tax preparer, Pamela Yip, Jan. 26, 2014