More than 60% of tax returns are prepared with the assistance of tax preparers. Despite the sufficient time allowed for the preparation and filing of taxes, procrastination affects many taxpayers who only take filing seriously when the deadline is drawing too close for comfort. As a result, they turn to tax preparers for assistance, expecting a miracle. It must however, be stressed that successful tax filing calls for corporation from taxpayers, who should be available and able to present required documents whenever they are needed. Honesty is essential, as it is the best way to evade trouble with the IRS. Many tax preparers are frustrated by taxpayers for various reasons.
One of the most frustrating and bothersome issue tax preparers have reported involves the busy taxpayer who prefers to work on taxes on April 15th. It really doesn’t matter how busy you are, tax preparers are even busier during the tax filing season and the best you can do to have your return prepared well is to create enough time to resolve your tax problems. Another frustration emanates from taxpayer’s unnecessary questioning, like a change in the amount owed. It is simple, the IRS tax code is constantly changed, and some credits expire while new ones are introduced, amongst others. If you need any clarification, just ask modestly and it will be clarified, or you can call the IRS on your own.
It is unacceptable to ask a tax preparer to lie when filing tax returns. This will not only hurt his or her career if discovered by the IRS, but could also land you in trouble with the IRS. If there are some changes in your life like a divorce, marriage, or kids, you should acquire all necessary information on how that will affect your taxes long before the filing season. It is meaningless to burn out a whole day clarifying obvious issues. As much as a tax preparer has to answer all questions effectively, it is not fair to use up a large amount of time clarifying matters that you can simply find on the IRS website. Save time, especially if the deadline is drawing closer.
Tax preparation is about records and documental evidences of your income and expenditures. If you don’t have the receipts, try to find them from your vendors, banks, and other sources. It is very possible to understate deductions if you don’t have crucial tax documents. The IRS may demand for them anyway, and if you cannot find them, you better be content with standard deductions and remember to keep them the following year.
There is no acceptable excuse to evade paying the tax preparer, regardless of how steep your taxes are. Finally, don’t pretend to know everything about taxes (when in fact, you don’t), and try to guide the preparer. Letting the preparer do his or her job without harassment is the quickest and easiest way to get one’s tax returns done right.