Caution is key, says the Instant Tax Solutions Ratings Teams in this brief interview with A Gathering of Experts.
Tax Season has come and gone but the Instant Tax Solutions Ratings Team says that next year is coming fast. Today, A Gathering of Experts invites the Instant Tax Solutions Ratings Team – experts on the IRS – to ask questions about something most Americans give little thought to: selecting a tax preparer.
A Gathering of Experts: Thank you for taking time out of your busy schedule – we certainly appreciate it.
Instant Tax Solutions Ratings Team: As always, it is our pleasure.
A Gathering of Experts: Let’s get started… With all of the talk about fraud lately, don’t most people verify their tax preparer as legitimate?
Instant Tax Solutions Ratings Team: Sadly, no. Many people assume having an office equates to having an honest staff; it doesn’t.
A Gathering of Experts: What should someone look for when searching for a tax company to file their yearly returns?
Instant Tax Solutions Ratings Team: First and foremost, if it sounds too good to be true, well, it just might not be true.
A Gathering of Experts: That applies to all areas of life.
Instant Tax Solutions Ratings Team: Yes it does. We also tell people to approach with caution if a firm claims they can get a bigger return than another company because they know “insider secrets.”
A Gathering of Experts: What should one look for, as far as fees go?
Instant Tax Solutions Ratings Team: We suggest only dealing with flat fees, which are given in writing up-front.
A Gathering of Experts: Should the tax preparer be willing to sign the documents?
Instant Tax Solutions Ratings Team: Yes, if they say they cannot, then run.
A Gathering of Experts: Is the taxpayer responsible for false information?
Instant Tax Solutions Ratings Team: Ultimately, yes. The person whose name is on the return is the one Uncle Sam will come after.
A Gathering of Experts: Who can represent a taxpayer in front of the IRS?
Instant Tax Solutions Ratings Team: Many people think just any person who knows taxes can do this but that isn’t so. Only a select group of professionals, including CPAs, enrolled agents, and attorneys are allowed to stand for a taxpayer.
A Gathering of Experts: Does the IRS keep tabs on fraudulent firms?
Instant Tax Solutions Ratings Team: They do, indeed. These people, when convicted, face up to 5 years behind bars as well as major fines.
A Gathering of Experts: Can you cite examples?
Instant Tax Solutions Ratings Team: One that comes to mind involves a Texas tax preparer who got sentenced to prison for 18 years after being found guilty of 40 counts of tax fraud.
A Gathering of Experts: Now that is a steep punishment. Before we go, can you tell us how taxpayers may contact Instant Tax Solutions if they’re in need of tax help?
Instant Tax Solutions Ratings Team: We offer tax resolution services to clients across the nation and can be contacted at 888.387.4071. Also, they may visit our website at www.Instanttaxsolutions.com for Instant tax Solutions ratings, reviews, and other related information.