Confusing forms. Changing tax laws. The fear of making a mistake. Filing your own taxes can be overwhelming.
You don’t have to go it alone. Working with a qualified tax preparer will save you time, preserve your sanity, ensure that your taxes are done correctly and build a professional relationship for the future.
Here are eight things to look for before you hire a Roanoke account, CPA, or tax preparer:
- Know the tax preparer’s credentials. The IRS requires all paid tax return preparers to have a Preparer Tax Identification Number (PTIN). Ask what professional affiliations they have and what types of continuing education classes they attend.
- Search online for any red flags, such as Better Business Bureau complaints or disciplinary actions by Virginia agencies or the IRS.
- Don’t believe grand promises, including the ability to offer larger refunds than the competition.
- Understand the fee structure and ask questions. Be aware of extra charges for any unexpected complications. Read the fine print of contracts. Avoid preparers who charge their fees as a percentage of the refund or who offer to collect your refund in their accounts.
- Ask if your taxes will be filed electronically and using IRS e-file. The IRS requires this of professional tax preparers unless the client specifically requests that paper forms be filed.
- Reputable tax preparers will ask for your records and receipts and take the time to ask you questions about your financial history. This helps them figure out the details of your income and what deductions and credits you may be eligible for this year.
- A good tax preparer is available for your questions, even after your return has been filed.
- Consider the long term. Do you plan to use a professional tax preparer next year and the year after? Invest in a relationship with an individual or firm who will be in business for years to come.
Above all, make sure you choose professional tax preparation. Neely Accounting Services has a team of qualified and professional tax preparers who meet all these standards and more. We’re Roanoke’s trusted local advisor because we’re real people you can talk to whenever you need us. Call us today to make an appointment to talk about your taxes.