Perhaps you have already worked with a tax accountant, but have you thoroughly inquired about their qualifications?
Tax consultants get access to your private and sensitive information, such as your bank accounts, properties, and family, as their job requires. Surprisingly, many people don’t take the time to learn more about the accountant they hire.
When looking for a tax planner, there are several factors to consider. Read on to learn what these are.
1. Ask for their preparer tax identification number or PTIN.
Anyone who prepares or aids in preparing federal tax returns for remuneration is required by the IRS to possess a PTIN. Volunteer tax preparers don’t require PTINs; pay attention to the word “for compensation.” The IRS also demands that your tax preparer include their PTIN number on your return, so be sure they do that.
2. Hire a tax planner who is also a CPA.
Since obtaining a PTIN is rather simple, take it a step further and hire a qualified preparer, such as a certified public accountant (CPA), attorney, or an enrolled agent who has completed the IRS’s Annual Filing Season program. Programs like the Accredited Tax Preparer and Accredited Business Accountant/Advisor can assist preparers in meeting the Annual Filing Season Program requirement. Each of these qualifications needs different amounts of reading, tests, and continual education.
Our CPA, Khaled Alatyieh, has over 25 years of experience and can help you with all your tax needs.
3. Verify if the tax preparer of your choice has your back at all times.
You can be represented before the IRS on audits, payments and collection concerns, and appeals by enrolled agents, CPAs, and attorneys with PTINs. However, tax preparers who only have a PTIN cannot. Only in certain situations can preparers who have completed the Annual Filing Season Program can serve clients.
Another crucial factor is availability. The greatest tax preparers will accept your call, answer your email, or invite you for a visit even after tax season is finished and your return is history.
You can seek assistance online if a face-to-face encounter with an advisor is not essential. Now that so many online tax preparers offer live support, you may obtain assistance right away if you have any questions as you file.
For Reliable and Cost-Efficient Tax Preparation Services, Count On Us
We offer inexpensive and error-free business and income tax preparation services for the residents of Orland Park, IL, and nearby regions. You can rely on our CPA office when it comes to expert and timely tax filing services and tax return services. Get in touch with us today or book your FREE 1-on-1 consultation to get started!
