The time is edging near for the tax deadline. But, many of you
still have not prepared your taxes. So, here are a few tips for
those late minute procrastinators.
Here are questions you can ask your tax preparer before you get
started.
1. What are your qualifications?
A CPA or Enrolled agent are the best qualified to do taxes. Both
of these designations regularly take classes and take an exam for
their designations. A CPA or certified public accountant is the
highest qualified.
2. Would you be willing to lie on my return?
If your preparer says yes, run as fast as you can. This can get
both of you in trouble so why would he/or she be willing to lie.
Perhaps your preparer is not licensed. Licensed preparers can loose
their designation if they are caught lying on a return.
3. How is your information protected in their office?
The computer and back up files should be secure after hours. All
paper files should be secured in locked cabinets. Identity theft
is on the rise.
4. What are your cost?
Agree on a tax preparation before you hand over your information,
so there are no surprises.
5. Can I pay you extra to re-check my return against documents
I have given you?
Ask your preparer to re-check your return. If you have the ability
to check your return against your documents that is fine. But, you
absolutely should check for the small things: correct spelling of
your name, correct social security number, correct occupation,
correct income, and any other minor items, which could turn major
if entered incorrectly.
6. How Long Will It Take?
It is your responsibility to organize your tax information and
submit it to your tax preparer early. It is your tax preparers
responsibility to get the information back to you in a timely
manner, so you can file your taxes well before the
tax deadline.
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Lois Center-Shabazz is the founder of www.MsFinancialSavvy.com and
author of the 3-time award-winning personal finance book, Let's Get
Financial Savvy! ISBN #0971979502. Get finance information and tips
in our eNews at,
http://www.msfinancialsavvy.com/register/ecourse7.php