Date: 2013-01-22
Now is the Time to Select a Skilled Professional - But Choose Wisely
PARSIPPANY, N.J. – January 22, 2012 – Approximately 60 percent of Americans enlist
the help of a paid tax professional to file their income tax returns, as stated by the Internal Revenue Service.According to Jackson Hewitt Tax
Service®,the nation’s largest privately held tax
preparation firm, even more consumers may turn to a tax preparer this year to
determine how the passage of the American Taxpayer Relief Act of 2012 impacts
their individual situations. But what are the advantages of working with a paid
preparer, and what credentials should consumers look for when selecting a tax
professional?
“With the sweeping
last-minute tax law changes, even taxpayers who have filed their own returns in
past years with do-it-yourself software should think twice this time around,”
said Mark Steber, chief tax officer, Jackson Hewitt Tax Service Inc. “Many
taxpayers may benefit from engaging a paid professional to ensure their returns
are accurate, but need to know what questions to ask and what to look for in a tax
preparer. A skilled preparer who understands your tax situation, including all
the tax deductions and credits available to you, can provide you with the best
possible outcome, because if you miss claiming certain tax benefits on a
return, they are off the table - the IRS doesn’t claim them for you.”
When choosing a
paid tax preparer, Steber encourages consumers to consider these five tips:
Engage now — The IRS will start to accept 2012 tax returns on January 30. You
may need some time to find a tax preparer who best meets your needs, so you’ll
want to start your search as soon as possible. It is important to ensure that
your tax preparer is well-versed in all of the recent tax law changes and tax
codes. The sooner you find the right preparer, the sooner you can start the
filing process and ultimately get your refund, if you are owed one. Jackson
Hewitt’s preparers are meeting with clients now to review documents and fill
out returns in advance of the January 30 date.
Check the preparer's background — Make sure to go with someone
who is qualified and credible, so check your tax preparer’s history. You can
conduct your own research through various sources such as the Better Business
Bureau and state boards of accountancy for certified public accountants. You
can also ask friends, family or co-workers for references to get a first-hand
account of their experiences.
Make sure the preparer is knowledgeable
— Make sure your preparer
understands how tax law changes may affect you. Jackson Hewitt offers a
comprehensive tax preparer training curriculum, including basic, intermediate
and advanced courses, as well as ethics and ongoing update training.
Avoid preparers who ask you to sign a blank return — It is important to review
your tax return completely and ask questions before signing it. Remember, you
are ultimately responsible for what is reported on your tax return. Make sure
you understand and are comfortable with the accuracy of the return. Check for errors
such as incorrect social security numbers and addresses; these common mistakes
can delay IRS processing of your return.
Use tax preparers who e-file — The majority of taxpayers today electronically file
(e-file) their tax returns. E-filing is safer than filing a paper return, offers
faster processing time, greater accuracy and confirmation the IRS has received
your return. Jackson Hewitt offers free e-filing.
"Taxpayers who have
purchased off-the-shelf tax software and plan to prepare their own returns
should confirm that these products are up-to-date, as many late-breaking
changes have occurred that may not have been integrated by the time of
purchase. Similarly, if you are using a trained tax professional, confirm that
their software is current and up-to-date as well,” added Steber.
With a national network of more than 20,000 trained tax preparers and more
than 6,800 locations conveniently located throughout the U.S. and Puerto Rico,
Jackson Hewitt is ready now to help customers accurately prepare their tax
returns and have them ready to file when the IRS begins processing on January
30.
To find a qualified
Jackson Hewitt® tax professional near you, visit http://www.jacksonhewitt.com or call 1-800-234-1040. For additional tips and trivia
from everyday taxpayers, check out Jackson Hewitt’s “On the Street” video
series, hosted by Mark Steber and available on YouTube at http://www.youtube.com/jacksonhewitt.
About Jackson Hewitt Tax Service Inc.
Jackson Hewitt Tax Service Inc. is an
industry-leading provider of full service individual federal and state income
tax preparation, with 6,800 franchised and company-owned locations throughout
the United States, including 2,800 located in Walmart stores nationwide, and
more than 400 Sears stores in the United States and Puerto Rico for the 2013
tax season. Jackson Hewitt Tax Service® also offers an online tax
preparation product at www.JacksonHewittOnline.com.
For more information, or to locate your neighborhood Jackson Hewitt®
office, visit www.JacksonHewitt.com or call 1-800-234-1040. Jackson
Hewitt can also be found on Facebook and Twitter.