How To Avoid A Bad Experience With Tax Professionals

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How To Avoid A Bad Experience With Tax
Professionals
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• Many U.S. citizens use tax preparers at tax time,
  and competition can be fierce as tax
  professionals vie for your business. With around
  150 million taxpayers seeking help with preparing
  and planning for their taxes, the business is a
  lucrative one and some preparers may try to tempt
  you with talk of low rates and gimmicky
  promotions, but then they may quickly add on fees
  for services which see their low rates suddenly
  skyrocketing.
• Tax professionals who violate the rules may be
  subject to sanctions, but its not always easy to
  know what they should and shouldnt be offering
  you. To help you avoid a bad experience with tax
  professionals at tax time, here are a few red
  flags to be aware of

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• Tax professionals without a PTIN (Preparer Tax
  Identification Number)
• All tax professionals preparing federal tax
  returns for financial compensation, must have a
  valid PTIN before preparing returns. If your
  chosen preparer doesnt have one, then they are
  simply not permitted by law to help you prepare
  your return.
• No signature on the return
• Your tax preparer must firstly have a valid PTIN,
  but they must sign the return if they do not,
  then they are not allowed by law to submit the
  return.

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• An insistence that you mail your own tax return
• There may be some rare cases in which it might be
  necessary or preferable to send your tax return
  by mail as was once always the case, but most tax
  preparers are required to submit prepared returns
  electronically. If you are not given the option
  to do so, then something may be afoot.
• Promises of a higher refund than your last when
  your circumstances havent altered
• If your refund is going to be significantly
  higher than it was last year, and your
  circumstances havent changed at all, then it
  could be that your tax preparer has

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• inflated your deductions. Dont be afraid to ask
  for an explanation if this should happen to be
  the case.
• Asking you to sign a blank tax return
• This should send out a big red warning signal
  when in life do we ever sign something without
  reading it first? If you sign your return without
  having read it and without the opportunity to
  review it, you are signing under penalty of
  perjury.

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• Remember that these are simply warning signs and
  may not automatically indicate that your tax
  preparer is not legitimate or is trying to commit
  fraud. As when hiring any professional person to
  undertake work of a sensitive nature for you, do
  your research and ask around to see what others
  say about them.
• At Heyer Associates, we proactively assist our
  individual and small business clients in meeting
  their goals. Our key area of focus is ensuring
  that our clients remain compliant with federal
  and state tax laws by providing them with high
  quality accounting and tax service Coral Gables.
  If you are looking for individual tax preparation
  in Miami , Heyer Associates would be a right
  option.