If you’ve answered yes to any of these questions, a professional tax preparer could be the answer that you’re seeking.
The tax law is intricate. The IRS code alone, if compiled as one book, is approximately seventy one feet long and grows at a rate of three percent a year. That does not include the IRS Regulations, private letter rulings, case law and other governing documents. Though no single person knows it all, a tax professional is best at knowing what he knows and researching what he does not know. To properly prepare your tax return it is best to get to know the client and his/her business. Canned software will pose certain questions but fail to go on tangents that are important to you. While they say they guarantee accuracy, that only means that the numbers you input are guaranteed to add up and the tax liability will be guaranteed to be accurate based on the numbers you input. It is essential to have someone knowledgeable to ask bordering questions and make suggestion how to change your situation in future years to take maximum advantage of the tax laws.