How do you find an honest tax preparer?

how do you find tax

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The Asbury Park Press will host volunteers from the New Jersey Society of more

The Asbury Park Press will host volunteers from the New Jersey Society of Certified Public Accountants, who will answer tax questions for free from 10 a.m. to 4 p.m. Sunday, March 1. Call us during that time toll-free at 800-883-7737. Volunteer accountants taking part in the program can be seen in this 2014 file photo. less

Looking for someone to do your taxes?

Internal Revenue Service agents offer some caution: make sure you choose a reputable tax preparer.

“Dishonest return preparers use a variety of methods to cheat the government,” said Jonathan D. Larsen, Criminal Investigation Special Agent in Charge of the Newark field office. “It is your responsibility to know what is on your income tax return. You are ultimately responsible for what gets filed with the IRS.”

Return preparers commit fraud when they prepare and file tax returns with inflated personal or business expenses, false deductions, credits that are not allowed or excessive exemptions.

But it’s

the taxpayer, not the return preparer, who must pay additional taxes and interest, and possible penalties, when it’s discovered.

So when you’re looking for a preparer, Larsen said:

• Be cautious of those who claim they can obtain larger refunds than other preparers.

• Avoid those who base their fee on a percentage of the refund.

• Never sign a blank tax return.

• Use a tax professional who signs their tax returns and gives you a copy. Make sure the preparer includes their preparer tax identification number.

• Find out if he or she is associated with a professional organization.

• Determine whether the firm will be around months or years later if there are questions about your return.

David P. Willis: 732-643-4039; dwillis@app.com; facebook.com/dpwillis732.

CALL IN FOR FREE TAX ADVICE

The Asbury Park Press will host volunteers from the New Jersey Society of Certified Public Accountants, who will answer tax questions for free from 10 a.m. to 4 p.m. Sunday, March 1. Call us during that time toll-free at 800-883-7737.

Source: www.app.com

Category: Taxes

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