Protect Yourself from Tax Preparer Fraud
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Tax season can be a stressful time for many people, and it's important to be vigilant in order to protect yourself from tax preparer fraud. Here are some tips to help you prepare:
Do your research: Before you choose a tax preparer, make sure to research their background and qualifications. Check online reviews and verify if they have a PTIN (Preparer Tax Identification Number) from the IRS.
Ask questions: Don't be afraid to ask questions about your tax preparer's experience and qualifications. You can also ask for references from previous clients.
Verify their credentials: Check the National Association of Tax Professionals (NATP) or the National Association of Enrolled Agents (NAEA) to see if your tax preparer is a member.
Review your tax return carefully: Before you sign your tax return, make sure you understand all the information and the calculations. Check for any errors or suspicious information.
Keep a copy of your tax return: Always keep a copy of your tax return and all supporting documents in a safe place. This can help you in case you need to dispute any errors in the future.
Be wary of promises of big refunds: Be cautious of tax preparers who guarantee large refunds or promise that you'll get a refund, even if you haven't had any taxes withheld from your pay.
Don't give out personal information: Don't give out personal information, such as your Social Security number or bank account number, unless you are sure the tax preparer is legitimate.
By following these tips, you can help protect yourself from tax preparer fraud and ensure that your tax return is accurate and handled properly. If you suspect that you've been a victim of tax preparer fraud, contact the IRS immediately.