Questions to Ask Before You Hire a Consultant | Nationwide Tax Consulting

If you have a complicated tax situation or you don't know where to start or don't have hours to file your taxes, hiring a professional tax resolution company such as Nationwide Tax Consulting is the right choice for you. But don't fork over your hard-earned money to everyone, ask the following questions to make sure you are hiring the right person for your tax.

  1. Do you have a PTIN? - The IRS issues preparer tax identification number (PTIN), and "all preparers that prepare returns for compensation are required by law to have one," and if the answer from your consultant for this question is NO, walk away, you are not at the right place. If your consultant denies sharing his or her PTIN number or redacts it on your copy of your return, it may be a defensive move to protect against criminals who steal PTINs. 
  2. How long have you been at this location? - Preparers that are looking to be scammers usually hop around. They milk an area, and then they go to another state. It's normal for a tax preparer to move to a bigger or better office once in a while, but watch out for preparers who move a lot. 
  3. Ask for Refund Deposit Account - If you preparer asks to have the IRS deposit your tax refund in an account the preparer controls or they say, I'll get you your refund and give it to you after taking their fees directly from that, that is a red flag. Your refund should go into your account directly. 
  4. When Will You Finish My Tax Return? - If the preparer is taking in too many clients at tax time, chances are good, he or she won't get to your return by the April deadline. That could mean the preparer has to get you an extension or, worse, might leave you hanging. That could also mean a delayed tax refund. If you owe, your preparer's backlog may also mean you have to make an estimated tax payment in April and then possibly face penalties and interest later when the preparer finally calculates your real tax bill.
  5. Are you Here Year-Round? - You might not want to wait until next April to get tax advice. "Things happen during the year." "Marriages, deaths, children being born, tax law changes. You might want to sell a property or stocks or get into business for yourself. Any number of things could happen during the year that you don't want to wait to discuss, because it could have a profound effect on your tax liability."

Instead of a tax preparer, a company such as Nationwide Tax Consulting is always the right choice as they are always there for you, have experts in all areas, and useful thing; they are registered professionals.

Comments

Popular posts from this blog

Nationwide Tax Consulting | A Solution to Your All Tax Problems

Tips by Nationwide Tax Consulting for Choosing a Consultant

How to Prevent IRS Penalties? | Nationwide Tax Consulting