It is the beginning of a new year. During the first few months of the year, many Massachusetts residents turn their attention to tax time and the need for assistance in preparing their returns. The IRS warns taxpayers that there are some people out there waiting to take advantage of individuals as they search for someone to provide much needed help. These fraudulent tax preparers could potentially wreak havoc on unsuspecting individuals’ lives.
Considering the changes made to the tax laws that took effect for 2018 taxes, making sure that the best assistance possible is received becomes a priority. In order to make sure that an individual does not fall prey to an unscrupulous person, the IRS recommends taking certain steps to ensure that the tax preparer is legitimate. For instance, a Massachusetts resident could ask for a preparer’s IRS Preparer Tax Identification Number, which paid preparers must obtain.
A preparer should have no problem providing potential customers with his or her professional credentials. The IRS also keeps a directory of preparers where individuals can verify a preparer’s qualifications. It may also be possible to determine whether any former customers filed complaints against a particular individual.
Sadly, people do attempt to take advantage of others. The IRS issues warnings about these individuals since the taxpayer could retain accountability for any discrepancies, mistakes or more that occur in their tax returns. The argument that a tax preparer caused the issue may help, but it probably will not relieve the individual of the responsibility. Victims of fraudulent preparers could find that making use of local legal resources could prove invaluable in reaching the best possible resolution under the circumstances.