A Guide to Hiring a Tax Accountant

Related imageAccountants are not as easily identified as one might think. Some work simply as bookkeepers and have not been to accounting school, while others have obtained their Master’s Degree in Accounting and have been certified through national and international organizations. There are those authorized to work directly with the IRS, some who only do tax returns, and some who have never done tax returns. They can work for businesses and individuals. Finding an accountant is not difficult, but finding a good tax accountant can be challenging. Tracking down a tax accountant who is officially sanctioned by the IRS is the most critical part. tax accountant

Since people who prepare taxes are out there without any official license, busily plying their trades, sometimes it is hard to discover if your accountant is the one in which you should have faith. In order to side step any undesired scrutiny from the IRS, you should seek out an officially sanctioned IRS tax preparer to handle your electronic over the Internet filing. Such tax filers are put through intense criminal background checks by the IRS. It goes so far as to fingerprint them and keep these fingerprints on hand.

Furthermore, they investigate such tax preparers’ business history with regional area officials, as well as the tax preparer’s individual tax return. Meet with the tax preparers and pose numerous questions, in advance of settling on an accountant. You ought to go so far as to line up full hour long appointments with minimally three candidates. If he or she is interested in securing your potential business, a decent accountant will consent to a free consultation.

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Ask them critical questions, like for how many years have they operated as a business? What is the number of their customers who were audited in the past? Has the accountant every personally suffered through an audit? Professional tax return preparers with great experience will not be afraid of these kinds of questions. They ought to seem completely natural and comfortable when answering any of them. Researching the tax accountants you will be interviewing is always a good idea. During the interview they may be quite professional, but it is the information that they don’t tell you that can help you make your decision.

Performing a simple search on the Internet for “tax accountant” or for the company by name could tell you whether they have had any legal action against them in the past or if prior clients have left any negative reviews on websites. Likewise, the Internet could contain positive reviews of the tax accountants you are interviewing. This research will help you when it is time to make your decision. If you were ever to be audited, your tax accountant goes before the IRS with you. Think about who you would want standing next to you if that were to happen. Also think about the confidentiality you entrust to them as well. They will know about all your financial secrets. But always remember that it is your signature on your tax return. If your tax accountant does something that seems shady, do not go along with it. It is you who will be in trouble, no matter who actually prepared the returns for you. Look over every line of your return carefully before you sign.