You Got An IRS Letter?

What to have in place if your tax return is wrong

LONG ISLAND, NY. – Getting a guarantee in writing from your tax professional is important. Some preparers will offer to make it right if something is filed incorrectly. But when the IRS comes poking around, they fight you every step of the way. Local CPA and tax preparer, Michael Kessler, explains.

“Often we’ll hear horror stories about someone who received an IRS letter, and then their accountant literally did nothing to resolve it. Or stories about tax professionals who have made calls to resolve these issues for their clients, but then they charge a small fortune to do so.  We’ve also heard stories about taxpayers who tried to handle an IRS letter on their own, called the IRS themselves, and then ran face-first into a living nightmare trying to get it resolved,” Kessler said.

Don’t let that happen to you. You need to have a written understanding with your tax professional that you won’t be left in the lurch. Oh, and also: does this guarantee actually do something you want it to?

“I’ve seen some accountants guarantee they will file your taxes for you by April 15th or they will file an extension for you,” Kessler added. “Well…great!  That sure makes you feel good in the morning, doesn’t it?   Other weak guarantees I’ve seen in the tax industry are, “We guarantee we will begin preparing your tax return the same day we meet with you. That means nothing to me.  I don’t care when you start preparing my taxes.  I want to know how long it is going to take you to finish it, and to do so without silly errors you know you should have caught.”

So remember–the guarantees should be in areas you care about.

“I suggest looking for a guarantee that offers things like, tax return accuracy, speed of service, most money legally yours, and ongoing IRS protection for years after filing. These are the things you care about! Make sure the tax professional you choose stands behind these critical areas of tax preparation, so you get the most out of your tax filing experience,” Kessler recommended.

Michael J. Kessler, CPA offers tax services to individuals and small businesses. He enjoys helping individuals and families save money on taxes. Give him a call 516-449-2852, email or visit his website