Thursday, February 21, 2013

Tips in Hiring A Sacramento Tax Preparer



As the year ends and tax season begin, many individuals try to find a reliable Sacramento tax preparer to take care of their income tax returns so that they would not go to the trouble of preparing it themselves. If you decided to hire someone for that job, it is better if you know how to choose an individual or a firm wisely. This is because that you would be liable for any amount shown on your tax return even if it is prepared by someone else.

Before hiring a Sacramento tax preparer right away, you should ask yourself if you really need to hire one. If you have a good knowledge on tax laws and you have the time to do your own tax return, you might want to skip on hiring someone to do it for you, rather, do it yourself as to save money from all the expenses.

If you ever you decided to hire someone, make sure of the individual’s qualifications to do the job.

Make sure of the preparer’s educational background, his licensure status, and check if there is any disciplinary action taken against him for doing something wrong in his profession. This information can be acquired by from the Office of Enrolment for enrolled agents, the Board of Accountancy for certified public accountants, and Bar Associations for attorneys. To add, regulations require that professional preparers should have a PTIN or a Preparer Tax Identification Number.

After knowing if they are qualified to prepare your tax returns for you, learn about the price range that Sacramento tax preparers are asking for doing the job. Prices often vary depending on the complexity of your tax return. Some charge by the hour, or a flat fee for all the work, or a percentage of your tax refund. By all means, don’t go for someone who asks for service fees based on a percentage of your tax refund as more often than not, you will tend to pay them more.

Other things to remember is that always make sure that your tax refunds are sent to you or deposited in your bank account. Always review the tax return prepared by your Sacramento tax preparer before signing it and never sign a blank tax return that your preparer asks you to. And lastly, make sure that your tax preparer sign the return and include his PTIN as it is required by certain laws and regulations.

There are plenty of tax preparer in Sacramento that can work for you. Just make sure they are a reliable firm in order not to waste any of your precious time and money.

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