Make Sure Your Clients Either Have An Appropriate Tax Preparer For Their Needs Or Know What To Look For In Choosing One Hot

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After that, it becomes the taxpayer’s burden to resolve any legal issues, no matter who is responsible for the mistake.
An IRS survey showed that 94% of taxpayers who use tax preparers generally follow their advice. As many as 62% follow it blindly.
The last few years have seen the IRS trying to better regulate the tax preparation industry as a result.
Choices for tax preparation range from a family member who is considered to be a whiz with numbers, volunteers for organizations offering services for low income or elderly taxpayers, registered tax return preparers, enrolled agents (EAs)—often former IRS employees—and
certified public accountants (CPAs) along with tax attorneys.
Clients should check tax preparer qualifications, educational backgrounds, and the requisite for continuing education.
Those with small businesses should consider hiring an EA, CPA, or tax attorney. Clients should also check Better Business Bureau records and how fees are calculated.
They should also make sure they will have access to the tax preparer after filing season in case other questions are asked or errors need to be corrected.
Many of your clients may have a tax preparer or planner whom they trust. But like anything else, making that assumption always opens the door for unanticipated risks.
You can raise your value in your clients’ eyes by making sure all aspects of their planning are being taken care of appropriately.

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