Professionals who offer tax return preparation services are expected to be honest and to file all peoples’ taxes accurately. Unfortunately, though, in recent years, there have been problems with tax preparers filing inaccurate earned income tax credit claims. The IRS is smart, though, and quickly caught onto this problem, and as a result, the organization is now doing something about it. As of this year, the IRS will be sending out letters to those tax preparers whom it believes have filed incorrect earned income tax credit claims.
The letters tax preparers will receive are not form warning letters either; no, each letter will detail what problems were discovered with each return, what the consequences are for those problems, and furthermore, that the IRS will be monitoring all of the tax preparer’s claims more closely in the future.
While you may not get in trouble if your tax preparer is dishonest, issues with your tax return could cause delays and other problems for you. As such, you’ll want to rely only on tax return preparation professionals who are honest and who follow all the rules as they relate to tax filing; you can find honest preparers at Susan S. Lewis Ltd. of Naperville.