What to Look for In a Tax Preparer

The first step is to find a licensed tax preparer that has an active IRS Preparer Tax Identification Number (PTIN). This identification process means that they are authorized to prepare federal tax returns. Those who are qualified do so may be a public account, an IRS enrolled agent, an attorney, along with a few others that meet the professional credentials. Deciding what type of tax preparation officer you go with depends on their different levels of skills, education, expertise, and representation rights.

If you are looking for a tax preparer with unlimited representation rights, then you will want to focus your search on IRS Enrolled Agents (like here at True Resolve Tax), certified public accountants, and attorneys as they all generally have unlimited representation rights because of their credentials. Unlimited representation rights mean that may present your case before the IRS concerning tax matters such as audits, payment or collection issues, and appeals on your behalf. These take a closer look at each type of tax preparation officer that has unlimited representation rights:

• An IRS Enrolled Agent (EA) has the proper credentials to consult with the IRS on your behalf as they are licensed by the IRS directly after completing a comprehensive exam in federal tax planning, individual and business tax return preparation, and representation. To ensure an EA’s honorable nature, they are required to undergo a background check before they are granted their license. They also must comply with ethical requirements of their title by completing a course in ethics each year they are an IRS EA and complete a minimum of 24 of continuing education IRS approved courses to maintain their license and practice tax preparation.
• Certified Public Accountants (CPAs) are also licensed professionals by the state boards of accountancy once they have passed the Uniform CPA Exam. CPAs require a degree in accounting as well as meet the good character requirements established by the state boards. Like IRS EAs, they also have to comply with ethical requirements and consistently continue their education to maintain their license.
• Attorneys are licensed by state bar associations or state courts once they have successfully passed their bar exam. They are required to have a degree in law, participate in on-going educational courses, and meet professional character standards to maintain their licensure.
• Other tax preparation officers, such as season tax help, who do not meet all the criteria of one of the aforementioned professionals only have limited rights to represent you before the IRS. Keep this in mind when you are vetting for your next tax preparation officer to assist you during tax season.

Not sure where to get started if our IRS Enrolled Agents don’t meet your needs or if you want to validate licensure? The IRS offers a searchable public directory of qualified tax preparers with valid PTINs to help you find the right tax preparation officer in your area which can help maximize your refund with a wide range of services, such as True Resolve Tax.

Tax Return Preparation in NYC, New York

As many Americans know, tax preparation can get complicated quickly, especially if you are unsure of what to do or how to do it. True Resolve Tax Professionals offers comprehensive business and individual tax preparation. You work with New York licensed tax preparation experts and/or IRS Enrolled Agents (depending on your needs) to sort through your tax documents. Here at True Resolve Tax, we pride ourselves on our expertise, professionalism, and ethics needed to ensure that your tax return is documented, accurate, and on time.

Take the confusion out of your company’s taxes by employing our business tax preparation services. By starting with which forms your business needs to file, the variety of deadlines for each type of form, and the write-offs available for your business, we help you every step of the way and do our best to save your business as much money as possible.

There are so many factors to consider when filing your business taxes that can be daunting and overwhelming to even think about, especially when you don’t know where to start. Factors such as depreciation, Section 179 deductions, retained earnings, distributions, how you report your business income and expenses, all play a part in how much your business owes in taxes and how much capital you have available to operate your business when it’s all said and done. Save yourself the headache and the head-spinning by trying to figure this all out yourself and consult an expert who will simplify and explain the process, so you can focus on running your business.

We want to help you feel confident knowing that your business taxes are being prepared properly as well as granting your business the smallest tax bill legally possible. Whether you need assistance with your current filing, need several years filed for, or are looking for someone to work with moving forward, True Resolve Tax will find every legal deduction and credit there is for your business.

Our individual tax preparation services help provide New York citizens with the peace of mind that they are applying for all the deductions and credits they are legally entitled to so that they can increase their return or lower the amount they owe the IRS. Let us assure you that not filing a tax return is far worse than filing a tax return and not being able to pay the amount owed.

For individual tax preparation, we can review your existing return, help resolve issues that arise from past tax returns, and help you plan for a solid and stable financial future. Whether you have energy-saving appliances, education costs, self-employment deductions, or farming credits, we will make sure your tax return takes advantage of every credit and deduction possible.

Don’t feel like you must go through tax preparation alone. Give us a call today and set up a consultation and let’s see what we can do for your tax return.