There are many types of tax service providers, such as certified public accountants, attorneys, enrolled agents, and organizations like My Tax Team. The tax service provider must be skilled in payroll services, income tax returns, and followed by bookkeeping services. Working with any tax service provider is to trust them with all of your financial information. The data like social security numbers of you and your family members, your income with every keen detail of your finances.
Most of the time, tax preparers do a wonderful job and provide amazing tax and bookkeeping services. However, every year some taxpayers face heavy causality regarding finance because they choose the wrong tax preparation. Never be one of those. Choose My Tax Team for tax and payroll services, and you don’t have to worry about anything.
Tips for choosing a good tax service provider:
Whether you are going to work with a tax service provider on a regular basis or is it a one-time project, it is crucial that you choose an authentic tax return provider like My Tax Provider. The taxpayer is the person who is responsible for the information that is provided on their tax return regardless of who is preparing them.
Tips for choosing a tax preparer:
Check for qualifications:
You can use the IRS Directory of Federal Tax Return Preparers with Credentials and Select Qualifications. This service helps you to find the tax preparation with specific qualifications. You can even search out or even sort the listing of preparers.
Check the history:
You, as a client, can also ask the local Better Business Bureau about the Tax service provider. You should check out their disciplinary actions and the status of licenses for preparers. Moreover, there are also some additional institutes from where you have the details of specific preparers:
- For enrolled agents, you can check them out from verifying enrolled agent status page on IRS.gov.
- For Certified Public Accountants, you check them with the Board of Accountancy.
- For Attorneys, check with State Bar Association.
Ask about service fee:
Whether it’s tax or bookkeeping services, you should always avoid the preparers who charge according to the percentage of the refund or who state bigger refunds than the competition.
Ask for an e-file:
If you want to avoid pandemic-related paper delays, you should ask your preparer to file electronically and also choose direct deposit.
Always ensure that the preparer is available:
Taxpayers should contact their preparers before the April 15th due date.
Provide receipts and records:
A reliable tax preparer like My Tax Team will ask for receipts and records. Additionally, they will ask a question regarding your total income, credits, and tax deduction.
Never sign a blank return:
You should never trust a service provider who asks them to sign a blank tax form.
Always review before signing:
Always review a tax return before signing it. You should always ask a question if you think something is ambiguous. Similarly, you should also feel that the return is accurate before you sign it.
Reviews details of refund:
You should check the routing and bank account number on the completed return if a direct deposit is requested. If you want another method to receive refunds, you should carefully review them and understand the process before signing.
Always make sure that the preparer signs the return and includes their PTIN:
All tax preparers have a preparer tax identification number. According to law, paid preparers must sign returns and put their PTIN on the return they file. The copy of the return regarding the taxpayer doesn’t require to have PTIN on it.
Report abusive tax preparers:
Most tax and payroll service providers like My Tax team are honest and offer great services to their clients. However, with good, there is bad too; some of the tax service providers can be dishonest. You can report these kinds of preparers to IRS.
Some Additional Tips:
Friends in Higher Places:
Having membership in professional institutes such as the American Institute of Certified Public Accountants, the National Association of Enrolled Agents and National Association of Tax Professionals, and the American Academy of Attorney CPAs is always a great thing to be acquired by a tax advisor. Most of the members have professional conduct, codes of ethics, and many certifications.
Reconsider the Tax advisor who doesn’t provide e-file services:
IRS requires any paid preparer who has performed more than ten returns to e-file through the IRS’s e-file system. If your guy isn’t offering e-file, this means he is new to the business.
However, if you are looking for tax, bookkeeping, or payroll services, My Tax team has got your back. Contact us for the best services.
