Be careful whom you trust to help you with your tax filing

On Behalf of | Mar 6, 2020 | Income Tax

Numerous Connecticut residents have already filed their taxes for the year, and others are still working on it. Many people do not like to do their tax filings alone, so they turn to so-called professionals to do it for them. Unfortunately, some may find that doing so is a mistake. There are legitimate tax services out there, but there are also many that are not.

It was recently reported that the Better Business Bureau is warning people to be careful with whom they trust to help them with their tax filings. A legitimate tax service will stand behind its work and sign the return. This means if there is a problem with the return, the tax service, not the taxpayer, will be held accountable.

The problem is that it does not take much for someone to set up a temporary tax business. Many people do this, and they get clients by offering great deals on tax preparation fees and promise significant returns. Once tax season is done, however, they close up shop and cannot be found again. As they often fail to sign the returns as they should, this leaves taxpayers accountable for any errors. This could mean one will end up paying a great deal in fees and penalties when the errors are eventually found.

Connecticut residents need to do their due diligence when picking tax preparation companies to help them with their tax filings. Those who find that their choice in tax preparation services has caused them trouble with Internal Revenue Service may get help dealing with the aftermath. An experienced tax attorney may be able to assist one resolve the matter as quickly as possible.