Many people wait until the last minute to file their taxes simply because they don’t know how to do it.
If you don’t, the best thing you can do is go to a tax professional.
Tax professionals say when you come to file, there are certain things they will need.
- Two forms of ID for yourself and your dependent, along with your W-2.
- If you are self-employed, the preparer will need all of your receipts, along with a list of expenses, list of income, and a 1099 if applicable.
Make sure you are filing with a preparer that is knowledgeable and reputable.
Now is the time when scam artists like to pop up with yard signs and even set up shop in strip malls. You don’t want to be held accountable by the IRS if your preparer files improperly.
“The professionals, we have to keep up with what’s new, what’s up and coming, different laws that may change year to year. If you are doing it on your own, you may not know the changes, so we have different seminars and things like that we are required to attend, in order to educate our clients,” says Jessica Niter/MNDM Financial Group Tax Preparer.
“We as tax preparers can be audited as well. So when we are audited, that’s why a lot of them actually disappear. You see a lot of tax companies disappear and you never know what happens to them. Just like the IRS can audit you, they can audit us as well. If we have too many returns that are being processed, that aren’t being funded, that are being held up, it is a red flag on a preparer as well,” says Crystell Oliver/Owner of Dream Team Solutions, LLC.
It normally takes 21-days to receive your tax refund, but preparers tell Local 24 News, it may take even longer because of the recent partial government shutdown.