How To Select a Tax Preparer

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  It’s everyone’s favorite time of year again - tax time! Although you may not enjoy the process, it is a necessary evil. Hopefully finding the right tax preparer can make it less painful. Nearly 2/3 of all taxpayers use a tax preparer. However, it still may not be appropriate for you. There are multiple free filing software options accessible through the IRS’s website if your income is below $57,000, and 70 percent of all taxpayers make less than $57,000. But if you’re not in this category, then it may be prudent for you to hire a professional. A good tax preparer will help you stay in compliance with the law as well as minimize taxes for your specific set of circumstances. The IRS has some important minimum requirements you should look for in a tax preparer at http://www.irs.gov/uac/Ten-Tips-to-Help-You-Choose-a-Tax-Preparer. However, there are some other characteristics that could be important to you as well. When selecting a preparer it is important to: 1)    Be an … [Read more...]