When you are on the lookout for a good qualified CPA in Louisville keep in mind that not all tax preparers are created equally. Although all preparers are registered they don’t all carry the same credentials areas of expertise or experience. Even if you choose a CPA to prepare your taxes as the taxpayer you are legally responsible so choose wisely.
The IRS wants to remind taxpayers to select a preparer who will sign the returns they prepare and enter their required Preparer Tax Identification Number (PTIN).
In order to narrow down that search of registered tax preparers some research is necessary to secure the Certified Public Accountant (CPA) Enrolled Agent (EA) or attorney that is right for you. Here are some steps to begin the process:
Check Qualifications – Make sure your preparer is affiliated with a professional organization and attends continuing education classes.
Check History – Check with the State Board of Accountancy for any disciplinary actions that may have been filed along with the outcomes of those claims; the state bar associations for attorneys and the IRS Office of Enrollment for enrolled agents.
Service Fees – Avoid any preparer who bases their fees on a percentage of your refund or those who claim they can obtain larger refunds than other preparers.
Electronic Filing – Any preparer who prepares and files more than 10 returns for clients must file the returns electronically unless the client opts for a paper return. More than one billion individual tax returns have been safely processed since the debut of electronic filing in 1990. Make sure they offer e-file.
Accessibility – You want to secure a preparer who will be available for contact after the return has been filed not just in April in case questions arise on the return.
Records and Receipts – It may seem like a pain but a reputable preparer will ask to see your records and receipts and ask questions to determine your total income qualifications for expenses deductions and other items. Don’t use a preparer who offers to file your return before you receive your form W2 using your last pay stub.
Review – Stick with preparers who prepare the return ask for your review and allow you to ask questions. Never sign a blank return or sign anything that you do not understand.
Protect your personal information and get the most out of your personal returns by choosing a qualified reputable Louisville CPA. If you would like to find out more about Lindemeyer’s tax preparation services contact our office and we would be glad to assist you.