The
time is edging near for the tax deadline. But, many of you
still have not prepared your taxes. So, here are a few tips
for those late minute procrastinators.
Here are questions you can ask your tax preparer before
you get started.
1. What are your qualifications?
A CPA or Enrolled agent are the best qualified to do taxes.
Both of these designations reqularly take classes and take
an exam for their designations. A CPA or certified public
accountant is the highest qualified.
2. Would you be willing to lie on my return?
If your preparer says yes, run as fast as you can. This can
get both of you in trouble so why would he/or she be willing
to lie. Perhaps your preparer is not licensed. Licensed
preparers can loose their designation if they are caught
lieing on a return.
3. How is your information protected in their office?
The computer and back up files should be secure after hours.
All paper files should be secured in locked cabinets. Identity
theft is on the rise.
4. What are your cost?
Agree on a tax preparation before you hand over your information,
so there are no surprises.
5. Can I pay you extra to re-check my return against documents
I have given you?
Ask your preparer to re-check your return. If you have the
ability to check the return against your documents that is
fine. But, you absolutely should check for the small things:
correct spelling of your name, correct social security number,
correct occupation, correct income, and any other minor items,
which could turn major if entered incorrectly.
Lois Center-Shabazz is the founder
of MsFinancialSavvy.com and author of the 3-time award-winning
personal finance book, Let's Get Financial Savvy! ISBN #0971979502.
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