The Internal Revenue Service (IRS) reminds taxpayers that carefully selecting a tax preparer is crucial to ensure that their personal and financial information is protected and managed with the highest level of care and professionalism. While most preparers offer reliable and high-quality service, some may engage in improper practices, such as fraud, identity theft, or scams, which could result in serious financial problems for taxpayers.
The Importance of Choosing a Trusted Preparer
Taxpayers are legally responsible for all the information included in their tax return, regardless of who prepares it. Therefore, it is essential to conduct thorough research and ask key questions before hiring an individual or company for this task.There are different types of tax preparers, such as Certified Public Accountants (CPAs), enrolled agents, attorneys, and others without professional credentials. Regardless of the preparer's background, it is vital that they possess the necessary knowledge to prepare accurate returns and safeguard your confidential information, including details such as your marital status, income, children’s information, and Social Security numbers.
Avoid Issues with Inadequate Preparers
Although most preparers are ethical and competent, each year, some taxpayers face serious financial problems due to choosing unreliable preparers. Some of the risks include working with so-called "ghost preparers" who do not sign the returns or include their Preparer Tax Identification Number (PTIN), which is required by law.A paid preparer must take primary responsibility for the accuracy of your return, sign it, and include their PTIN. However, the ultimate responsibility lies with you, so you should carefully review every detail before submitting the return.
What to Do if You Have a Complaint About a Preparer
Fraud related to tax preparers is one of the most common scams according to the IRS. If you suspect that a preparer acted improperly, you can file a complaint with the IRS, which is committed to investigating and taking action against those responsible.
IRS Tips for Choosing a Tax Preparer
To avoid problems, follow these recommendations when hiring a preparer:
Verify their credentials and experience.
Ensure they are registered and have a valid PTIN.
Read reviews and references from other clients.
Avoid those who promise extraordinary refunds without knowing your financial situation.
Never sign a blank return or accept unclear terms.
Conclusion:
Protect Yourself and Take Control
Choosing the right tax preparer not only saves you from worries but also ensures that your tax obligations are handled professionally and securely. Remember that you have control and the final say over the information included in your return.
Protecting your financial information starts with making an informed decision. Make this tax season a smooth and reliable experience by choosing the right professional.
Sources:
www.irs.gov/tax-professionals/choosing-a-tax-professional www.irs.gov/tax-professionals/make-a-complaint-about-a-tax-return-preparer
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