How to Find a Tax Professional – Tips for Finding the Right One
If you are a business owner who has to file quarterly taxes, you need to know how to find a tax professional. Having a knowledgeable tax accountant in your corner can help you keep your small business on track and avoid a costly audit. You can also get help with tax minimizing strategies.
When you are looking for a tax professional, there are three major types of professionals to consider. These include a certified public accountant, an enrolled agent, or a tax attorney. Each type has different credentials. Some are licensed by the state bar association, while others have a higher number of credit hours. Temecula Accountant
The BBB warns against hiring tax preparers without the appropriate credentials. A good preparer will charge a flat fee. But if a tax preparer charges a percentage of your refund, that indicates underhanded practices with the IRS. Instead, look for a preparer who is willing to give you a thorough explanation of fees and extra services.
Choosing a tax professional can be a daunting task, but if you follow these tips, you can be on your way to getting the best possible services. Start by defining your needs. Once you have a sense of what you need, contact your network to see if they can recommend a qualified tax professional.
It is also a good idea to ask for references and endorsements. Contact family members or friends who have had similar experiences with a tax preparer. This can help you determine if the person is trustworthy.
When you are ready to talk to a potential hire, it is a good idea to schedule a face-to-face meeting. This will allow you to assess their personality and how they interact with clients. Ask questions about their office, their tax expertise, and how they handle sensitive information.
During your search, you may want to check the website of a potential tax preparer. In addition to checking if a company has a solid reputation, you can use the Internet to discover what their customers are saying about them. Often, the reviews on the internet will provide a wealth of information about a preparer’s experience and how they handle the tax process.
After you have narrowed your choices, it is a good idea to compare the costs of various preparers. Many accountants charge a flat fee for preparing your return, while other preparers charge based on the complexity of the tax return. Be sure to compare prices to ensure you are not paying more than you need to.
The best tax preparers can also help you with audits. If you are going to be audited, make sure you choose a tax preparer who has extensive experience dealing with the IRS.
The right tax advisor can make your filing process less stressful. They will help you navigate the complexities of tax law, as well as identify areas where you can save. Good advisors will also offer year-round guidance. Make sure the advisor you select can help you reach your goals, and can provide you with a tax-saving strategy.
