Tax Preparer Red Flags - Telltale Signs of Tax Accountants You Should Avoid

With the proliferation of tax preparation storefrontsyour refund.
that are here today and gone tomorrow, theThis is also suspect, since it may motivate the tax
prevalence of tax return scams or unscrupulous taxpreparer to artificially inflate your return amount. Tax
filing practices is on the rise. While the government isprofessionals should charge according to the
attempting to buckle down on tax scammers, it'scomplexity of your return, not on how much you
incumbent upon you to sort out the bad apples fromreceive from the IRS.
the reputable tax professionals. To help you spot theThe tax accounting firm doesn't have a history.
phonies, take note of these warning signs:The IRS may initiate an audit up to 7 years after you
The tax preparer won't sign your return.file your return. If that happens, you're going to want to
There's a designated area on your tax return for yourtalk to your tax preparer - make sure they'll still be in
preparer to sign. No matter what, you will bebusiness if you have questions. Watch out for
responsible to pay fees and penalties if there areaccounting firms that set up temporary store fronts or
mistakes, so there's no reason a tax prepare shouldjust suddenly appeared right around tax time.
refuse to sign the return. By doing so, they put theirOne last bit of advice: You may be better off choosing
stamp of approval on it. By refusing to do so, it's cleara CPA. Aside from being the best fit for complex tax
that they have something to hide.situations, you can easily verify a CPA's license online.
The tax prepare promises you a specific amount onFor example, you can check the status of a Bellevue
your return.or Seattle CPA's license at the Washington State
If someone says they can guarantee you X amountBoard of Accountancy website with just a few clicks.
of dollars on your return, they are blowing smoke. NoIt's illegal to call yourself a CPA if you aren't one, and if
one can know for sure how much you will receive untilthey don't show up in your state's database, that's a
they've done all of your paperwork.deal breaker.
The tax professional bases the fee on the amount of