FindingtheRightTaxProfessional
Seek tax preparers who guarantee their work,
complete ongoing training
Although the IRS announced new regulations for tax professionals, these rules will not take effect until 2011. This year, the more than 80 percent of Americans using a tax preparer to complete their returns will want to ensure they’re working with a reputable tax preparer.
H&R Block provides taxpayers with six tips to help them find a qualified tax professional that’s right for them.
Ask about training
Ask how many continuing education hours the preparer receives each year. Do they have the tax knowledge to accurately represent your interests? Many Americans don’t realize up-to-date training is important when selecting a tax professional.
“Taxpayers can’t afford to leave money on the table in this difficult economy,” said Silvia Delgado, tax specialist for H&R Block. “Working with a credible tax professional who has up-to-date training on the latest tax law changes, will help Americans claim all the credits and deductions they’re entitled.”
Know their area(s) of expertise
A sick patient wouldn’t see an orthopedic doctor for a head cold and a small business owner shouldn’t use a tax preparer that is not an expert on the Schedule C. The H&R Block Tax Professional Finder can help taxpayers find a preparer whose expertise matches their individual needs.
“When it comes to taxes, knowledge can translate into dollars saved,” Delgado said. “If a tax preparer also can sell you a car or rent you furniture, ask if they have the proper training and expertise to interpret a complicated tax code and apply it to your specific situation.”
Protect sensitive data
Tax professionals review earnings statements, investment records, Social Security numbers and other private information. Make sure you trust your tax
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