skip to main content
Search Search Investors Icon Investors Careers phone 1-800-318-8997

Essential Questions To Ask Before Letting Someone Prepare Your TaxesA married couple sits with their tax preparer during tax season.

Tax season can be a complicated time, and the decision to have someone else prepare your taxes adds another layer of stress. While it’s a relief to have a professional handle your finances, asking the right questions is crucial to ensure your taxes are in good hands.

Landmark National Bank strives to provide expert financial advice to help you properly navigate tax season. Here are some essential questions to ask a tax preparer before moving forward with their services.

1. Are You a Certified Tax Preparer?

The first and most critical tax return question is to see their certification. Ensure that the individual or firm is legally authorized to prepare your taxes. Ask for credentials like being a Certified Public Accountant (CPA), Enrolled Agent (EA), or a licensed tax attorney. These certifications indicate a level of expertise and accountability.

2. What Is Your Experience in Tax Preparation?

Experience matters in deciding how to choose a tax accountant. Inquire about their history in the field, including the number of years they’ve been practicing and the types of clients they typically handle. This information will give you a sense of their expertise and whether they’re suited to your individual tax situation.

3. How Do You Keep Up With Tax Law Changes?

Tax laws are constantly evolving. A competent tax preparer should be up to date with the latest tax regulations and changes. Ask how they stay informed and adapt to new tax laws. This ensures your taxes will comply with the most recent tax codes.

4. Can You Provide References?

References or testimonials from previous clients can provide insight into your tax preparer’s reliability and effectiveness. A reputable tax preparer should be willing and able to provide references upon request.

5. How Do You Determine Your Fees?

Understanding a tax preparer’s fee structure is crucial as it prevents surprises later on. Some tax preparers charge a flat rate, while others charge based on the complexity of your tax return. Make sure you get a clear understanding of the costs involved and ensure there are no hidden fees.

6. What Kind of Tax Services Do You Offer?

Tax preparation services can vary widely. Some preparers might only fill out your tax return, while others offer comprehensive services like tax planning and advice. Knowing the range of services they provide will help you understand if they meet your needs.

7. How Do You Handle IRS Audits?

You should inquire about your tax preparer’s procedures in the event of an IRS audit. A good preparer should be willing to assist you throughout the audit process. Their response can also give you an indication of their confidence in their own skills!

8. How Do You Protect Client Data?

In an age where data breaches are common, understanding how your personal and financial information is protected is crucial. Ask about your preparer’s security measures to ensure your sensitive information remains confidential.

9. What Is Your Communication Style?

Understanding a tax preparer’s communication style is essential, especially if you have a complex tax situation. Ask about their preferred mode of communication and how often they will update you on the status of your tax preparation. If you plan on frequently getting in touch to ask a tax question, it can help to ask how long they typically take to respond.

10. Can You File Electronically?

Electronic filing is not only faster but also more secure. Make sure your tax preparer offers electronic filing options. This can also expedite your tax refund process, helping put money back in your pocket as quickly as possible.

Seek Professional Advice From Landmark National Bank

Choosing the right person to prepare your taxes is a decision that shouldn’t be taken lightly. By asking these 10 essential questions, you can ensure your taxes are in good hands. Remember, finding a good tax preparer is about more than finding someone to fill out your forms—they should also offer peace of mind and guidance through the complex world of tax regulations.

Landmark National Bank provides professional advice on a variety of financial matters along with comprehensive services for things like checking accounts and savings accounts. Whether you’re just starting to get your finances in order or have years of money management experience, we can help! Contact Landmark National Bank or locate a bank branch near you today!

Leave a Reply

Your email address will not be published. Required fields are marked *