Saint Paul, Minnesota – February 25, 2011 – The Better Business Bureau of Minnesota and North Dakota (BBB) encourages taxpayers to do their research before selecting tax preparation help or they may get hit with fines and fees if the return isn’t correct or filed late. The BBB also cautions against tax preparers who claim they can obtain larger refunds than other tax preparers. According to the IRS, if your returns are prepared correctly, every preparer should derive substantially similar numbers.
In 2009, the BBB received just over 3,000 complaints against tax preparers. Commonly, complainants stated that the tax preparer made errors in their return which resulted in fines and fees. The IRS reports that roughly 80 percent of Americans enlist the help of a tax preparer or tax software when filing their taxes.
“Many people depend upon their tax refunds to cover bills and basic living expenses,” said Dana Badgerow, president and CEO of the Better Business Bureau. “Therefore, if you choose to have someone else do your taxes, it’s important you know their background, as well as their qualifications.” The BBB reminds taxpayers they are legally responsible for what’s on their own tax returns, even if they’re prepared by someone else, and offers the following advice on how to find a trustworthy tax preparer, as well as some things to keep in mind:
For more advice on finding professionals you can trust, visit www.bbb.org.
The mission of the Better Business Bureau is to promote, through self-regulation, the highest standards of business ethics and conduct; and to instill public confidence in responsible businesses through programs of education and action that inform, protect and assist the general public. Our hours of operation are 8 a.m. to 5 p.m. Monday through Friday. Contact the BBB at www.bbb.org or 651-699-1111, toll-free at 1-800-646-6222.