Here’s a list of things to keep in mind when choosing a paid preparer:
Do choose a preparer who has a permanent office and will be around for months, or even years, after the return has been filed in case there is a problem with your tax return.
Do ask your friends and neighbors who they use and trust.
Do ask about the preparer’s qualifications. Tax professionals should be properly trained and should keep up with yearly changes to the tax code.
Do ask about the fees up front, before the tax return is prepared. Ask if there are any costs for additional schedules (like Schedule EIC) or forms. Ask about fees for different refund options. Avoid preparers who base their fee on the amount of your refund.
Don’t sign up for “Fast Cash Refunds” or “Instant Refunds.” Most of the quick refunds are actually refund anticipation loans (RALs). When you get a RAL, you’re borrowing against your refund, not getting your refund earlier. These loans are expensive and can cost up to $100, or even more, on top of what you pay for tax preparation. If you need your refund fast, ask about other options.
Don’t work with anyone who suggests you lie or fudge numbers. You will be responsible for errors.
Don’t sign a tax return that is blank or completed in pencil. Sign the return or authorize e-filing only after you have reviewed it with your preparer. Ask questions about anything you don’t understand.
Do make sure the preparer signs your completed return and includes their address and Employer Identification Number (EIN) or Social Security Number. This is required by law.
Do make copies of all the documents you give the preparer. Be sure to get a copy of your completed return and keep it on file for at least 3 years.