It comes down to chemistry and why it’s so important to meet with the tax professional before you hire them to get a good sense of who is handling and signing off your return.
Encino, CA (PRWEB) March 29, 2013
With Tax Day, April 15th less than a three weeks away, many taxpayers find themselves wanting or needing to hire a tax professional. Michael Rozbruch, CEO and founder of leading tax relief firm Tax Resolution Services, Co., shared helpful tips on his tax relief blog, called Tax Resolution University to help taxpayers seeking professional tax help. The educational post called Seven Tips for Choosing a Tax Professional starts by advising readers to determine what their needs are then advises them to check out the credentials of any potential tax professional before hiring them. Being proactive in their search could ultimately protect taxpayers from any future IRS tax problems or tax audits.
Rozbruch advises taxpayers on which key questions to ask now to avoid tax pitfalls later. “Ask if the potential tax professional is a ‘year round’ business because some only work on tax filings from January through April, says Rozbruch. “It’s important to ask because if some IRS correspondence shows up in June, you may be left without an experienced professional to help you.” Rozbruch also recommends taxpayers ask the tax firm or individual for a few solid references and to consult the State Board of Public Accountancy if a CPA, or the IRS, if an Enrolled Agent, to check for an active license and if there are any disciplinary actions against them.
In regards to fees, Rozbruch first recommends asking the tax professional what kind of fees they charge. Some charge by each form filed, others by a flat fee for a particular type of return service. Rozbruch also suggests that in an interview or consultation to find out if the return will be done by the April deadline or if it will end up on an extension, meaning they are too busy (or to lazy) to get to it right away. He advises readers to make sure the tax professional will pay fees for any mistakes made on their behalf.
Rozbruch insists taxpayers need to “like” the tax professional they intend to hire. “It comes down to chemistry and why it’s so important to meet with the tax professional before you hire them to get a good sense of who is handling and signing off your return. Most people like to do business with people that they actually feel good about.”
Investing in the services of a tax professional to prepare tax returns can be a good investment, but it’s important to know their qualifications since there has been a major increase in tax preparer fraud. As a result, the IRS now requires all tax preparers who aren’t CPAs, tax attorneys, or enrolled agents to register in order to prepare returns. Yet in spite of this requirement, the unscrupulous ones have still been able to practice.
Rozbruch adds “The IRS holds you responsible for the information you provide them and will come after you for payment, even if someone else prepares your taxes. That’s why it’s so important to know the professional qualifications and competence level of the person handling your financial matters, before you hire them!” Furthermore, make sure you review their work before you sign it (under penalties of perjury). If something looks suspicious, like a home mortgage deduction, when you don’t own a home, you need to speak up. Filing a frivolous return could have dire consequences.
For more expert analysis of breaking tax news and other financial issues facing the nation, visit Michael Rozbruch's blog at http://www.taxresolution.com/blog. To read the full blog post titled “Tax Expert Gives Seven Tips for Choosing a Tax Professional“visit this link http://bit.ly/Y53od4
About Michael Rozbruch,
Michael Rozbruch is the founder and CEO of Tax Resolution Services and is one of the nation's leading experts on solving individual and small business tax problems. As a Certified Tax Resolution Specialist (CTRS) and CPA (licensed in the state of Maryland), he has represented thousands of taxpayers who owe the IRS, but simply cannot afford to pay. In 2012 Michael accepted a Bronze Stevie Award for the "Maverick of the Year" title on behalf of the American Business Awards which recognized his work in the Tax Resolution Industry for the past 30 years. Visit http://www.taxresolution.com/income-tax-relief-expert.asp for more information.
About Tax Resolution Services, Co. (TRS)
The tax attorneys, CPAs, EAs, and tax relief professionals at Tax Resolution Services, Co., have successfully settled thousands of cases over the past 14 years, and are committed to providing affordable, competitive solutions to businesses and individuals. Michael Rozbruch, the founder and CEO of TRS, has been representing taxpayers with IRS problems since 1998. Rozbruch has been the guest expert on over 150 radio stations across the country including the nationally syndicated show Big Biz Radio and has been the guest expert numerous times on Fox 11, KABC and KCAL television news segments. To find out how Tax Resolution Services, Co. can help, or to receive a free tax problem consultation, visit TaxResolution.com or call (888) 851-5894.