Advertisement

Many people avoid filing their tax returns themselves and choose to have a tax service do it for them. They may not trust their own experience to give them the right credits and deductions or find it too time-consuming or anxiety-causing. Whatever the reason, when using a tax service, it is important to ensure the process is simple, worry-free, and legal. Tax laws and requirements change each year, and it is the job of a professional to keep on top of these trends.

Advertisement

1. Does the Preparer Have a PTIN?

Although many people assume a large tax service has covered all of its bases legally, it is a good idea to ask about the PTIN or Preparer Tax Identification Number. If you choose to go with a lesser-known service or an individual who provides this service as a secondary business, they still need this number. Without it, federal law prohibits them from completing tax returns. You can confirm the number through the online IRS PTIN directory.

Trawick-Images / Getty Images

Advertisement

More on Facty

Disclaimer

This site offers information designed for educational purposes only. The information on this Website is not intended to be comprehensive, nor does it constitute advice or our recommendation in any way. We attempt to ensure that the content is current and accurate but we do not guarantee its currency and accuracy. You should carry out your own research and/or seek your own advice before acting or relying on any of the information on this Website.