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TAX TIPS: Secrets Your Tax Accountant Won’t Tell You (Yahoo!/Shine)
With the April 15 tax deadline looming, we reached out to CPAs to share their frank insights into filing taxes, audits, extensions, preparers and more!
1. We see many disastrous returns prepared by ill-trained preparers. When selecting a preparer, many people shop price and not experience. We don’t like to knock the competition — however, the old axiom, “you get what you pay for” is often true. There are some companies that put their newly hired preparers through a six-week, evenings-only tax course, and then turn them loose to prepare returns with very little oversight. In other words, the person preparing your return might have been styling hair or selling appliances six weeks ago.
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