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. When the need to file a tax return comes, hiring a professional often is a good idea. 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.
Tips in Selecting a Tax Preparer
CHOOSE A PREPARER WITH A PTIN
Every tax preparer needs to acquire 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 is also necessary for you to find out if the preparer is a member of any well-recognized and registered organization of tax prepapers. A preparer that engages in continuous study in related area can also be deemed a good pick.
SELECT A PREPARER THAT HAS A GOOD TRACK RECORD
You can check with the Better Business Bureau if the tax preparer that you are looking to employ for your company has a good record and reputation. 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 are fully decided to employ the services of a professional tax preparer, then you need to consider the fact that this is going to be another cost and expense for your company. If you do not have so much funds in your company, then you have to do a checking on the prices and make sure that you are employing someone who is affordable. This does not mean though that you are going to choose a low quality tax preparer. The thing is if you are only diligent, you can find people who can offer you the quality of service you need at a price that your company can really afford.
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. You are not going to be in trouble with the IRS if you choose the right preparer.