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How can I know which Tax Preparer is right for me?

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How can I know which Tax Preparer is right for me?

Does your Tax Preparer return your calls?

Do you feel comfortable asking them questions?

Do you feel listened to and understood?

With the right Tax Preparer, the answers should always be "Yes!"

When should I contact a Income Tax Preparer?

How can I know which Tax Preparer is right for me?

When should I contact a Income Tax Preparer?

As soon as you start to think

about your taxes,

a Tax Preparer can help you take the steps needed to be prepared.

We can discuss your tax obligation,

tax purposes and proper steps.

Who has to file a Form 1099-NEC ?

When should I contact a Income Tax Preparer?

One simple RULE: if you pay U.S. freelancers or contractors more than $600 during the year,

you must issue them a

Form 1099-NEC by January 31 of the following year and submit it to the IRS.

At SBS we can prepare ALL your

1099-NEC Forms.

Ghost Tax Return Prepares

Who has to file a Form 1099-NEC ?

Ghost Tax Return Prepares

The IRS is cautioning taxpayers to avoid the dangers of

“ghost” tax return preparers".

According to the IRS, a ghost preparer is paid to prepare a tax return, but does not sign it, either electronically or on paper, as the paid preparer. These phantom preparers who won't put their name on the tax return are a warning sign for taxpayers of

The IRS is cautioning taxpayers to avoid the dangers of

“ghost” tax return preparers".

Here's how it works. The ghost preparer can print the paper return for their client and tells them to sign and mail it to the IRS. Or, for electronically-filed returns, they will prepare it but won’t digitally sign it as the paid preparer. By doing so, the tax return appears to be self-prepared, with no indication that a paid tax preparer was used in completing the tax return -- helping keep the return preparer under the radar.

By law, anyone who prepares or assists in preparing federal tax returns for compensation must have a valid Preparer Tax Identification Number, before preparing any tax return. Tax preparers should sign the tax returns they prepare on e-file or paper and include their PTIN, which provides the IRS with their identifying information.

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