4.6 • 1.8K Ratings
🗓️ 14 January 2009
⏱️ 6 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Hello and welcome to Money Girls quick and dirty tips for a richer life. |
0:10.0 | I'm your host Laura Adams. This episode is part two on the topic of tax preparation. |
0:17.0 | Last week I reviewed the different types of tax professionals that you can employ for help with your tax return. |
0:25.0 | Before you enlist the services of a tax pro, be sure you fully understand how qualified they are to handle your specific needs. |
0:34.0 | Here are eight basic questions you should ask to get to know the company and your preparers level of experience. |
0:41.0 | Number one, how long have you or your firm prepare tax returns for clients? |
0:46.0 | Number two, who would actually be preparing my tax return? |
0:50.0 | Number three, what licenses and experience would my tax preparer have? |
0:56.0 | Number four, how do you charge for your services? |
1:00.0 | Number five, do you specialize in any certain tax issues? |
1:04.0 | Number six, when could I expect to have my tax return completed? |
1:09.0 | Number seven, what's your policy for doing return amendments if changes or corrections are needed in the future? |
1:17.0 | N8, how do you help me if I'm questioned or audited by the IRS? |
1:22.0 | If a tax preparer won't sufficiently answer your questions, |
1:25.8 | keep searching for one that makes you feel comfortable. The best tax |
1:30.0 | professionals should also ask you questions to determine if you're qualified |
1:35.0 | for specific deductions and available tax credits to lower your tax bill. |
1:40.0 | A red flag to watch out for is a firm or individual who wants to charge you based on how much refund you'll receive. |
1:48.0 | The fee you pay for professional tax help usually depends on the complexity of your return. |
1:54.0 | Some professionals charge by the number of tax forms you require, some charge by the hour, and |
1:59.0 | some bill a flat fee. |
2:01.2 | A couple more warning signs to note are being asked to sign a blank tax return form or |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Macmillan Holdings, LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Macmillan Holdings, LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.