Leading Accountant and CPA Pauline Ho, founder of Laus Consulting Services LLC in Orlando, FL, offers guidance on finding the best tax accountant during tax season. For more information please visit https://lausconsult.com
Orlando, FL, United States - February 28, 2021 /MM-REB/ —
In a recent interview, leading CPA Pauline Ho, head accountant at Laus Consulting Services LLC in Orlando, FL, offered guidance on finding the best tax accountant.
For more information please visit https://lausconsult.com
She revealed that an experienced accountant should be well versed in handling the complexities of tax audits and questions from concerned clients about IRS issues.
Only those with a preparer tax ID number (PTIN) from the IRS can legally accept payment for preparing taxes, she said. This number should be recorded on every tax form filed.
“Word-of-mouth recommendations is probably one of the best referrals in trying to find a competent accountant. Or you could ask for testimonials from a chosen few accountants and assess the best one that is a perfect fit for your requirements,” she advised.
The search for an accountant could well be made easier if you know what you want them for. Calling them to see if their field matches your needs is always an excellent strategy to adopt.
While everyone expects tax breaks and potential IRS returns, Ho advised people should reign in their expectations and be realistic. “Stay clear of accountants offering big refunds before they’ve even assessed your finances. Be comfortable to look around before settling on the right assessor,” she added.
Ho said extensive research is needed to ascertain the type of accountant. There is a mix of retail franchises, enrolled agents, Certified Public Accountants and tax attorneys within the tax assessment sphere.
She revealed: “Enrolled Agents are among the best as they have undergone rigorous testing and background checks by the IRS. They specialize in different sectors and are best for handling complete tax scenarios.”
While retail tax franchises offer straightforward advice on tax returns, Certified Public Accountants are licensed by a state’s board of accountancy. Tax Attorneys are lawyers who specialize in tax law, licensed by state courts and state bar associations, and are best at complex legal matters such as preparing estate tax returns.
Insist on interviewing a prospective accountant, check their credentials, assess testimonials, and don’t be afraid to question their backgrounds, experience, areas of speciality, and, of course, the costs of handling a tax return.
Further research with state accountancy boards will set out their license and any disciplinary actions or approach the IRS for advice.
And if things aren’t working out with your accountant, don’t be afraid to consider part ways. Ho revealed that those seeking an extension of time to file their returns could submit an IRS Form 4868. This will give them the breathing space to find a new accountant to work with.
Source: http://RecommendedExperts.biz
Contact Info:
Name: Pauline Ho
Email: Send Email
Organization: Laus Consulting Services LLC
Address: 879 Outer Rd B, Orlando, FL 32814
Phone: 407-401-9768
Website: https://lausconsult.com
Source: MM-REB
Release ID: 88998397
