Tax Preparation is Important

Things to Know

1. The Internal Revenue Service (IRS) requires all paid tax preparers to have a Preparer Tax Identification Number (PTIN), so make sure your tax preparer has one enters it on your return. Paid preparers must sign returns and include their PTIN as required by law. The preparer must also give you a copy of the return.

2. Beware of and avoid preparers who base their fee on a percentage of your refund or those who say they can get larger refunds than others can.

3. Never sign a blank return. Don’t use a tax preparer who asks you to sign an incomplete or blank tax form.

4. Refunds should always come to you, not the tax preparer. Always make sure any refund due is sent to you or deposited into your bank account. Taxpayers should not deposit their refund into a preparer’s bank account.

5. Do not rely on a preparer who is willing to e-file your return using your last pay stub instead of your Form W-2. This is against IRS e-file rules.

6. Review your return before signing. Before you sign your tax return, review it and ask questions if something is not clear. Make sure you’re comfortable with the accuracy of the return before you sign it.