10 basic tips on how to choose a good tax preparer 

As taxpayers we must keep in mind some recommendations when hiring our tax preparers, so we can make sure we make a wise choice, since we are legally responsible for all the information that appears in our statement, regardless of who has prepared it.

Here are 10 basic tips that will help you as a taxpayer in choosing your tax preparer:

1. . Check the qualifications of the preparer:  Indague If your tax preparer is a member of a professional organization that permanently trains staff in matters related to the subject, in addition to complying with a code of ethics. The new regulations require that all paid tax preparers have an identification number as Tax Preparer. As a taxpayer, you can check your tax preparer's credentials in the IRS Directory of federal tax return preparers (https://irs.treasury.gov/rpo/rpo.jsf) ----link to address directory of IRS, and observe their qualifications.

2. Check the history of the preparer: You can check the history of the tax preparer and inquire about the disciplinary sanctions, and the license status of the registered preparers. In the case of certified public accountants, you can consult the State Board of Accounting, and for lawyers, in State Bar Associations. For registered agents, the status of registered agents can be found on the IRS page, or check in the directory.

3. Ask for the service fee. Do not go to preparers who set their fees based on a percentage of the reimbursement, or who promise to obtain a reimbursement greater than their competitors.

4.  Find out if your statement will be sent by E-file: This is the fastest way for taxpayers to get their refund.

5.  Make sure the tax preparer is always at your disposal: Taxpayers need to be in communication with their preparer, to be heard, guided, and clarify their doubts, even after submitting their return.

6.  Provide your preparer with all necessary records and receipts for your declaration: For the most part, tax preparers need to observe their receipts and records, and they will ask you a series of questions that will allow them to determine your total income, expenses, deductions, credits, and other matters.

7.  Do not sign a blank statement.:  Do not hire the services of a preparer who asks you to sign a blank tax form.

8.  Read in detail before signing. Before proceeding to sign the tax return: take your time to review it carefully, and ask questions in case of doubt. Taxpayers should be comfortable with the return filed before signing it. In addition, they should ensure that their refund will go directly to them, not to the preparer's bank account. The tax preparer must give you a copy of your return.

9.  Remember that the preparer must sign and include his Tax Preparer Identification Number (PTIN). : Paid tax preparers have a PTIN, and the law requires preparers to sign returns and include their PTIN. Keep in mind that even if the preparer signs the declaration, the taxpayer is responsible for the truthfulness of the information found in it.

10. Report dishonest tax preparers: For the most part, tax preparers have principles of honesty and ethics, providing quality service to their clients. However, some preparers are abusive. In case of irregularities, you, as a taxpayer, can report tax preparers suspected of tax fraud to the IRS.

For more information on tax issues, do not hesitate to contact us. At Liberta consulting and account you will find personalized attention, with professional services of high standards..