Do You Want Help Preparing Your Taxes But Don’t Know Who To Turn To?

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Do You Want Help Preparing Your Taxes But Dont
Know Who To Turn To?
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• Its that time of year again, and as a small
  business owner youre thinking about preparing
  your taxes ready to be filed. Penalties for
  errors or late filing can be costly, especially
  for smaller companies, and so getting ahead and
  preparing your taxes is strongly advised. But
  what if you dont have the time to do this
  yourself, or dont have the necessary skills and
  knowledge to prepare your taxes without fear of
  making a mistake? If this is the case, then you
  should hire a qualified tax preparer.

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• Who can best help me to prepare my taxes?
• Anyone can help you to prepare your tax return,
  and they certainly dont need to be qualified to
  do so, but rest assured, it certainly helps.
• If a friend or relative is being paid to help you
  prepare your taxes, they must have a 'Preparer
  Tax ID Number' or PTIN that can only be provided
  for them by the Inland Revenue Service or IRS.
• However, its always advisable to seek help with
  preparing your taxes, from a person or company
  who are fully qualified and who have extensive
  knowledge and experience in tax preparation, and
  this is the only way to be confident that youll
  avoid costly errors and penalties.

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• What roles, do qualified and registered tax
  preparation specialists, fulfil?
• In fact, tax preparation specialists are required
  by law to fulfil several different roles, each of
  which are listed below
• Tax advisor in this role, the preparer can help
  you to make informed tax planning decisions
• Tax preparer this should be their primary role,
  of course, and they must sign the return so that
  its clear who completed the work
• IRS representation should you be audited by the
  IRS, its best if your tax preparer can represent
  you before the IRS and Tax Court, so before
  hiring one, check whether they will be able to do
  this for you

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• How many types of professional tax preparers are
  there?
• There are 3 types of tax preparers who can help
  you in a professional capacity, and they are as
  follows
• Accountant an accountant may be able to help
  you prepare tax returns, and sign them, but they
  will not be able to represent you before the IRS
  in the event of an audit. Simply having the title
  of an accountant, doesnt also mean that they are
  certified or skilled enough to help you.
• Enrolled Agent these can prepare tax returns
  and help with communications with the IRS, but
  they are not able to represent you in court
  should it be required.

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• CPA CPAs are accounting professionals who have
  passed a qualifying exam to become licensed to
  give accounting and tax services to individuals
  and businesses. Since they can specialize in many
  areas, its best to find a CPA who deals only
  with tax preparation and giving tax advice.
• Important information about tax preparers
• As the owner of a business, it is you and you
  alone who must take sole responsibility for the
  accuracy and completeness of your tax return.
  While you may not be able to check your return
  before it is submitted and know if a mistake has
  been made, this is usually avoided if you employ
  the services of a qualified and experienced tax
  preparer.

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• At Heyer Associates, we proactively assist our
  individual and small business clients in meeting
  their goals. Our key area of focus is ensuring
  that our clients remain compliant with federal
  and state tax laws by providing them with high
  quality accounting and tax preparation service
  Coral Gables. If you are looking for tax
  preparation service in Miami, Heyer Associates
  would be a right option.