Choosing a tax Preparation Service in Deland, Florida

Choosing a tax Preparation Service in Deland, Florida

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You don’t like to do your taxes? Well, get in line. Trying to keep up with the ongoing changes in the tax code is reason enough to want to work with a tax preparation service. Not all tax pros are the same, so it’s important to know what you want in a tax preparer and how to get it.

Preparing your taxes is a time intensive and laborious exercise, and professional help can make the process smoother and possibly rewarding. Clients should provide as much information to the tax preparer as possible to make sure that they receive all the tax credits and deductions for which they are eligible. A tax preparer will also want to see a copy of returns from previous years to ensure that the client filed the returns correctly and does not owe penalties from prior years. The tax preparer will want to see receipts to make sure that the client qualifies for deductions and can write off various expenses.

The tax laws are constantly changing, this is why it is very important that the tax Preparation companies must be dedicated to ongoing training in corporation tax preparation, partnerships tax preparation, non-profit
tax preparation, self employed as well as individual tax preparation.

Here are some tips to consider when choosing a company for your business tax preparation or individual tax preparation:

  • Person’s qualifications – Make sure the preparer is affiliated with a professional organization in which all the members are provided with resources and continuing education that secures them to a code of ethics.
  • Preparer’s history – Make sure the preparer is part of the Better Business Bureau and has a decent history with them, look into any disciplinary actions through the state boards of accountancy for certified public accountants, the office of Professional Responsibility for enrolled agents, and also the state bar associations for attorneys.
  • Service Fees – Avoid preparers that base their fee on a percentage of the amount of your refund or those who claim they can obtain larger refunds than other preparers.
  • Tax Preparer Accessibility – Even after the April 15th deadline, make sure you are able to get into contact with your Tax Preparation Service incase of an issue that may arise.
  • Bring all Proper Documentation – Most Tax Preparation Services will ask multiple questions on your total income and qualifications for expenses, deductions, or other items. The Tax Preparation Service will request to see your records and receipts.
  • Never sign a blank return – Avoid Tax Preparation Services that may ask you to sign a Blank Tax Form.
  • Review the entire return before signing it – You need to review the entire Tax Form before signing it but also make sure you understand everything and are comfortable with the return. Ask questions before you sign the return and make sure it is right.
  • The Preparer must sign the form – It is the law for a paid Tax Preparation Service to sign the form. Make sure you understand everything and are comfortable with the return before signing it. Asking questions before signing is a crucial step to make sure it is right.

Newkirk & Company Financial Services is located in Deland, Florida and is proudly serving the following Volusia County, Florida areas: Deltona, Florida, Orange City, Florida, Lake Helen, Florida, Deleon Springs, Florida and Debary, Florida.