WASHINGTON — With more than half of the nation relying on tax practitioners, the Internal Revenue Service today reminded taxpayers that IRS.gov offers useful information and tips in finding a qualified tax professional.
This is the third in a series of nine IRS news releases called the Tax Time Guide, designed to help taxpayers navigate common tax issues. This year’s tax-filing deadline is April 17.
More than 149 million individual returns were filed last year and over 83 million of those were prepared by a paid return preparer. Here are some basic tips to keep in mind when selecting a tax professional:
At IRS.gov, taxpayers can utilize several options to help them find a tax preparer. One resource is Choosing a Tax Professional that includes a list of consumer tips for selecting a tax professional. There is also a page with IRS Tax Pro Association Partners that includes links to national nonprofit tax professional groups that can help taxpayers seek the right type of qualified help from a tax preparer.
The Directory of Federal Tax Return Preparers with Credentials and Select Qualifications is a free searchable and sortable database. It includes the name, city, state and zip code of credentialed return preparers who are CPAs, enrolled agents or attorneys, as well as those who have completed the requirements for the IRS Annual Filing Season Program. A search of the database can help taxpayers verify credentials and qualifications of tax professionals.
The IRS requires anyone who prepares any federal tax return for compensation to have a valid PTIN. For 2018 the IRS has issued more than 728,000 PTINs.
Other tips in the Tax Time Guide are available on IRS.gov.
For more information, see:
The IRS revised Form 1023-EZ, Streamlined Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code, and its instructions to help small charities apply for 501(c)(3) tax-exempt status. These revisions don’t change the Form 1023-EZ user fee. Here’s a summary of the revisions we made to the Form 1023-EZ. A text box was added […]