

You’ll be on your own or will have to hire someone to help you.

If something goes wrong with your filing, this level preparer can’t represent you and help you deal with the IRS, unless they prepared and signed the filing before the end of 2015. A tax preparer with a PTIN-and no other credentials-is known as a non-credentialed preparer. Here are some of the important credentials and what they mean:Ī Preparer Tax Identification Number (PTIN) holder is the lowest type of accreditation the IRS provides.

Whether you use an individual preparer with credentials that allow them to represent you before the IRS or a big chain, it’s a good idea to discuss the cost of representing you in case of an audit before you hire them. Prices vary depending on the complexity of the filing or the services required. H&R Block’s “File with a tax pro” starts at $80 and can be done in-person or virtually.
PROFESSIONAL TAX SOFTWARE REVIEWS 2011 PROFESSIONAL
There are many IRS designations for paid tax preparers and, ultimately, the most important things guiding your decision are the preparer’s credentials, experience, availability, and the help you can expect if the IRS requires more information from you after you file or if you’re audited.įor example, at a tax-prep chain, you’ll sometimes have to pay for additional help from a tax professional in case the IRS needs more information or if you’re audited, but you’ll likely have to opt to pay for the service when you pay for your tax preparation. The big chains employ many preparers, and if you‘re in a crunch, that could help you schedule an appointment more quickly than an individual who might be booked through April 18, tax day. Obviously, you want someone who has the right experience for your particular needs who can work at a price you can afford.
