When you hire a professional to handle personal information, like your or your business’s taxes, you want to rest assured that everything is properly taken care of legally and efficiently. There are a few simple criteria that you can look at before hiring a tax preparer that will, when properly met, put your mind at ease so you can focus solely on the quality of your business.

Ask For Credentials

It is important to remember that when you hire a professional to take care of your taxes, they will not only be involved in your personal information like your income, social security number, bank accounts and expenses but also will be representing you in any and all tax audits. Keeping all of this in mind, it is always best to make sure the person you want to hire has all of the legal credentials to take on this massive responsibility.

Before hiring your tax preparer make sure they have a legal Preparer Tax Identification Number (PTIN). This is a requirement from the IRS for anyone who is involved in preparing or assisting another person with their federal tax returns for compensation. The IRS will also require this number to be included on your official tax return, when submitted.

Make Sure You Can Fully Trust Your Tax Preparer

Legally, when you have hired a professional tax preparer, they are required to sign any tax return documents that may come in. This can be potentially tricky if you do not have a trust worthy tax preparer as they can file the return with their own bank account number and steal your tax refund, which can be a lot of money to lose. Of course, this is another reason to make sure they have a PTIN to include on your tax return documents.

Absolutely do not trust any tax preparer that will ask you to sign a blank tax return document, this will allow them to enter their details on your return and steal your money.

Your Tax Preparer Should Always Be Available

Your tax preparer is almost as important as having your doctor on call at all times, making sure the person you have hired to deal with your personal information is always available is crucial. Though they are the ones taking charge of all the paper work, you will still be liable for any mistakes made by them or you.

Hiring someone who isn’t available at all times might mean that you will have to personally take responsibility for any mistakes they might have made on your documents – this can be a very difficult situation as you might not be aware of where they had made these mistakes while having to explain them. Having an a tax preparer that is readily available at any time will spare you this inconvenient situation by being able to iron out any mistakes they have made personally, absolving you of any serious repercussions that might come with it.

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- The Capex Team