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Here are eight tips to keep in mind when choosing a CPA
- Make sure the preparer signs and includes their PTIN. A paid preparer must sign the return and include their PTIN as required by law. The preparer must also give you a copy of the return.
- Check on the CPA’s background. A certified public accountants (CPA) is certified by the state to act as a public accountant. Check for any disciplinary actions and for the status of their licenses. For certified public accountants, check with the state boards of accountancy. For attorneys, check with the state bar associations. For enrolled agents, check with the IRS Office of Enrollment. You can also check the Better Business Bureau to see if the CPA has a questionable history.
- Ask about service fees. Avoid CPAs who base their fee on a percentage of your refund or those who claim they can obtain larger refunds than other preparers can. Also, always make sure any refund due is sent to you or deposited into an account in your name. Taxpayers should not deposit their refund into a preparer’s bank account.
- Ask to e-file your return. Make sure your preparer offers IRS e-file. Any paid preparer who prepares and files more than 10 returns for clients must file the returns electronically, unless the client opts to file a paper return. IRS has safely and securely processed more than one billion individual tax returns since the debut of electronic filing in 1990. It’s the fastest way to get your refund and tends to result in fewer errors.
- Make sure the preparer is accessible. Make sure you will be able to contact the tax preparer or CPA after you file your return, even after the return due date. This may be helpful in the event questions arise about your tax return.
- Provide records and receipts. Reputable preparers and CPAs will request to see your records and receipts. They will ask questions to determine your total income and your qualifications for deductions, credits and other items. Do not use a preparer who is willing to e-file your return by using your last pay stub before you receive your Form W-2. This is against IRS e-file rules.
- Never sign a blank return. Avoid tax preparers that ask you to sign a blank tax form.
- Review the entire return before signing. Before you sign your tax return, review it and ask questions. Make sure you understand everything and are comfortable with the accuracy of the return before you sign it.
