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Tax Accounting & fraud prevention - Ask a bookkeeper
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Now, there are tax-accountants who elude their clients and there are the ones who follow a strict code of conducts. The unethical tax accountants divert a percentage of the tax returns to their own accounts; if not, then it is a larger fee that they ask for tax planning, tax filing as a whole, for the entire business tax preparation process. So while on the hunt for a tax return preparer, one must not forget that if anything goes wrong, it is the taxpayer who is held responsible for mismatching information. Therefore, while you choose your return preparer, keep in mind that:
§ The promise of a tax return larger than others is to be taken with a lump of salt.
§ The IRS rule states - "A practitioner may not charge a contingent fee (percentage of your refund) for preparing an original tax return." If a return preparer guarantees the results or asks for that percentage, he is definitely not your man.
§ A return preparer must be within an easy access. Thus, if your selected tax-planning guy sends the job to a foreign country to get it accomplished, prepare to get exploited on the security and privacy grounds.
But all these agonies can be allayed if the tax preparer is history is verified from the state's board of accountancy for CPAs - The Better Business Bureau. A suitable alternative is the IRS Office of Professional Responsibility. That way, you can be sure of the preparer is credentials matching your needs. And once that is done, it is time to get the ball rolling, with the preparer is sign and identifying number on the return.
How to report a tax fraud activity
To complaint about tax accountants running tax fraud activities, an individual or an organization, Form 3949-A can be filled out online, printed and mailed to Internal Revenue Service, Fresno, CA 93888. That would take care of it all and
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