Around a third of us hire tax accountants Ajax to file our tax returns. However, hardly any of knowing what they do, how do they, are they reliable, and other necessary elements before hiring a company for taxes Ajax.
In fact, around 80% of us, don’t even ask the tax accountant about their credentials, and why we should hire them. We just Google search for tax preparation near me, and we avail their incometax services right away. However, it is time you follow these tips before you hire a tax accountant for the next taxable year.
1. The Prepare Tax identification number
Do you know that the IRS requires the taxpayers to have a Preparer Tax Identification Number? So, you need to ask your tax preparer for their tax identification number. Ask them to put their PTIN number when they file for tax return.
2. What will be the charges?
Many people settle down to only one tax prepare after one consultation. But, since tax preparation is an essential element of your financial planning, you must make sure to talk to a few agents, before you settle down to one. Also, the different tax preparer will charge you differently. So, compare their fees before coming down to a conclusion.
3. Reconsider the ones who don’t e-file
Another essential thing IRS wants is that the paid preparer must have done at least ten returns electronically through the IRS’s e-file system. In case your tax preparer doesn’t offer these e-files, then this means that they haven’t done a lot as much as you thought.
4. They need to sign on the dotted line
When the tax accounted prepares your tax return, along with their PTIN, they need to sign on the statement too. This is a must and must be followed at all cost. Without the sign of an authorised tax accountant, your tax return file will not be completed. So, talk to them about their signature as well. You need them to sign on the tax return.
5. Are they willing to have your back?
In case something goes wrong, and you are facing collection issues, then you would want your tax preparer to be with you. So, find one who is reliable.