IRS-Based Tips in Hiring a Tax Preparation Company
Many people who own and run their businesses do not have much knowledge in accounting and bookkeeping. There are professionals, however, that can be hired to file yearly tax returns. But according to the IRS, if you ever have to hire a person to prepare your tax return, it is essential that you select the right person. Even if you are only employing a person to prepare your return, your company will be legally liable and responsible for all data and information that appear in it.
How to Find a Good Tax Preparer
SELECT A PREPARE WITH PTIN
Tax preparers are usually need to get a preparer tax identification number of PTIN. If you ever have to invest some money in hiring this kind of person, then it is important that you make sure that person is having a PTIN. It will also help you to know if the tax preparation professional is involved in tax preparation organizations and associations. It would also be nice to choose a tax preparation professional who is pursuing additional courses in the related field.
CHOOSE A PREPARER WITH A GOOD HISTORY
In order to know if the preparer is a person that you can trust for the critical work your company has to meet, it is necessary for you to check the official website of the Better Business Bureau or BBB. The information that you can find from the BBB website will help you figure if the preparer has a negative or pleasant history which will in turn lead you to deciding right. The BBB will provide a rating of the tax preparer and also any history of complaints coming from previous clients.
CHECK IF THE PREPARER COMES WITH A GOOD PRICE
If you have no other choice but to employ the services of a tax preparer, then you need to prepare money for it. If you want to be able to save money in using the services of a professional tax preparer, then it is better to find out first which among them can offer you the service at a cheaper price. This, however, does not mean that you may just hire a preparer who is not good. The idea here is that you can actually acquire high quality services from quality people without the need to pay high.
In the process of running a company, preparing tax returns is one of the tasks that you need to do on a rarely basis and for which you need to hire the services of a registered tax preparation officer. Make sure you pick a good and reliable preparer to avoid getting in trouble with the IRS.