Ten Questions To Ask A Tax Preparer
Doing your taxes can help save money, but it can also turn into a stressful and complicated task. Therefore, it’s advisable to hire a professional tax preparer to help you keep up with the tax rules and regulations for the upcoming tax season.
Suppose you’re looking for a reliable tax preparer in Winter Haven, Florida, to help you keep up with the tax code. In that case, it’s essential to pick a dedicated professional with high standards. After all, you need to ensure you get all the deductions and credits filled correctly!
However, if you’ve never worked with a tax preparer before, you may not know where to start when it comes to choosing the right one for your business. To make the whole process easier for you, we’ve outlined ten valuable questions to ask a potential tax preparer.
During your initial consultation, ask these questions to help you understand if this professional is the right fit for your business and capable of handling your tax situation.
1. How can I be assured that you are a legitimate tax preparer?
Before you hire a tax preparation professional, make sure to check for the Preparer Tax Identification Number (PTIN). Any individual who has a valid (PTIN) is authorized to prepare federal tax returns.
2. How long have you been a tax preparer?
When you hire a tax preparer with copious amounts of experience, that’s the sign of stability and trustworthiness. It’s advisable that you hire a professional who has expertise in a particular industry as it will provide your company with a great asset.
3. What are some requirements needed to prepare my taxes?
Make sure to understand the credentials and qualifications of the preparer before you select one. They need to complete the state’s minimum requirements and be familiar with tax laws.
4. What type of documentation is needed to file my taxes?
Your tax preparer will insist that you provide forms W-2, 1099, 1098, and other verification of income and expenses to prepare a proper return. When you provide accurate information, it can reduce misspellings and other errors that could cause problems with the IRS.
5. What are some factors that will determine your service fees?
Most tax preparers have a fixed fee or an hourly rate, and some are based depending on the type of forms you’ll need during the filing process. Make sure to avoid working with those preparers who base their fee on a percentage of your refund.
6. What can I work on for next year to help me with my tax declaration?
You will need time to gather all the information you and your tax preparer will require. So ask your prospective preparer the necessary documentation required and get to organize your receipts, forms, and other documents well before tax time.
7. What are some factors that will prevent me from filing electronically?
Some forms cannot be e-filed if they have attached forms, schedules, or documents that the IRS does not accept electronically. Make sure to consult with your tax preparer and know what the requirement for e-filing is.
8. Will I be receiving a copy of my tax return for my records?
The answer should be a yes! Your tax preparer should provide you with a complete copy of your return within a reasonable amount of time following the appointment.
9. Do I need to sign my tax return to file electronically?
In a way to authenticate your tax return document, you must electronically sign the tax return with a personal identification number (PIN) using the Self-Select PIN. This serves as your digital signature when using tax preparation software or a Practitioner PIN when using an Electronic Return Originator (ERO).
10. What benefits will you offer if I file with your company?
An ideal tax preparation expert will answer all of your concerns honestly and ensure you benefit from a money-saving tax plan. Make sure you get a satisfactory reply before hiring a tax preparation company.
If you’re looking for an experienced tax accountant in Winter Haven, Florida, specializing in tax planning, IRS Resolution Services, bookkeeping, payroll services, notary services, ITIN application, and consultations, then reach out to Real Tax Services LLC. My goal is to help clients become knowledgeable on essential steps needed to get the most out of their hard-earned money. I take a proactive approach to each client’s unique tax situation and help find a suitable financial solution that is beneficial and works best with their interest. I extend my accounting, bookkeeping, and tax preparation services to clients across Winter Haven, Lakeland, Lake Alfred, Auburndale, Lake Wales, Bartow, Mulberry, Davenport, Fort Meade, Highland Park, Haines City, Frostproof, and the surrounding areas.