Ten Excellent Tips for Choosing a Tax Services Provider

July 25, 2013 by  
Filed under Tax Services

When it comes to choosing a tax preparation services provider in Ardmore, Oklahoma, you will want to choose one wisely. It is crucial for you to understand that no matter who prepares your taxes, you are responsible for how they are prepared. Keeping this in mind, you will want to choose a tax preparation services provider in Ardmore, Oklahoma that you can trust and are comfortable with. Thankfully, most tax preparers are honest and legit; however, you will need to keep the following ten tips in mind so that you can avoid those who are not.

Tip 1. Identify Qualifications

Those who prepare taxes are now required to have a Preparer Tax Identification Number. You need to ask your preparer for his or her number, followed then by making sure the number is legit.

Tip 2. Check Out the Preparer’s History

The Better Business Bureau should have some kind of record on the person you are interested in preparing your taxes. You should check with the bureau to make sure the person has no type of questionable history. If there are any questionable actions, this does not necessarily mean you should disqualify the person from doing your taxes, but you should check deeper into the matter by making sure all disciplinary actions were followed through with.

Tip 3. Ask About Electronic Filing

A tax preparer in Ardmore, Oklahoma who gets paid for his or her services must offer electronic filing if more than 10 tax returns are prepared and filed. You will want to make sure that your tax preparer offers this type of service.

Tip 4. Ask About Fees

One of the main determining factors in choosing a tax preparer will be the person’s fees. Some tax preparers will charge an arm-and-a-leg for their services, so you should avoid them. In fact, for a simple tax return, you should pay well under $100 for the services rendered. If you have a more complex tax return, a bit of a higher fee should be expected.

Tip 5. Where is the Return Deposited?

Never should you hire a tax preparer in Ardmore, Oklahoma who has part or all of your refund(s) deposited into his or her bank account. You need to make sure that your refund is going to be mailed directly to you, or that it will be deposited in your bank account.

Tip 6. Identify Communication Methods

You need to make sure that the tax preparer you partner with will provide you with several forms of communication. Three of the more common types of communication methods that should be accessible include by phone, email and postal mail.

Tip 7. Asking for Paperwork

A reputable tax preparer will want to verify your income as well as receipts for your expenses. If you come across a tax preparation services provider who is willing to prepare your taxes without a W-2 form, you will want to steer clear of him or her because both you and the preparer could be charged and convicted criminally for filing taxes without the proper paperwork.

Tip 8. Are You Provided a Blank Return?

If your tax preparer asks you to sign a blank tax form, you should take your tax returns somewhere else.

Tip 9. Reviewing Your Tax Return

A tax preparer in Ardmore, Oklahoma who is is worth obtaining services from will allow you to thoroughly review your tax return before signing it. In doing this, you can make sure everything is filled out correctly, including your bank account number, SSN, address and more.

Tip 10. Is the Return Signed by the Preparer?

If you pay your tax preparer for the services received, he or she is legally obligated to sign your tax return. In addition to his or her signature, he or she must also provide his Preparer Tax Identification Number.

Bonus Tip 11. Deal with a local preparer

Dealing with a local company for your tax services makes sense.  You will need to provide paperwork to your tax preparer and chances are you’ll forget something.  It’s much easier to run by the Ardmore, Oklahoma office and drop off paperwork than have to keep mailing it in.  Also, face to face conversations and signing of documents are much easier if you are dealing with a local tax preparer.

10 Great Tax Tips for 2011

February 28, 2011 by  
Filed under Tax Services

Tax Services OfferIts that time of year again. As we open up our mailboxes in Ardmore, ok , we’re greeted with tax document after tax document, or else we’re waiting for that tax return 2011 to start our new year.

Suddenly we see signs up everywhere advertising tax services, and we hear tons of commercials on television and the radio advertising tax services, tax tips, and offers to convince you to allow them to prepare your taxes. Just deciding on the right tax preparer can be a daunting task, but before you do that, make sure you’ve got everything together that you need and that you have a clear game plan prepared before you hand your taxes over. Have an idea of exactly what you want to do with your taxes, and figure out what your expectations are. For instance, are you expecting a return, or do you want to claim any deductions? In an economy where we’re all looking for a little extra, it’s worth making sure your taxes are prepared just right and that you get every benefit you can when doing your taxes.

So here are a few tax tips so you’re prepared to do filing of your tax return 2011. Some you may not want to consider at all or may not apply to you, but there’s at least one tip here for everyone, and perhaps tips you can use in the future if not now.

  1. Start gathering all of your records from the previous tax year. Locate any forms, documents, receipts, canceled checks, income supporting documents, and any other papers you may need for any deductions or claims you request. For deductions, make sure you have all paperwork to support every deduction, labeled as to what it was for, etc..
  2. Stay on the lookout for your tax documents in the mail. If you’re an employee, watch out for W-2s from every company you’ve worked for in 2010, or look for 1099s if you’ve carried out any  you or any of your dependents/spouse has paid tuition, in addition to receiving tax documents regarding any student loan interest payments you’ve made. Your bank and any other financial accounts that are taxable will also send you their own statements. Make a list of what you’re expecting so you can check off each of the forms as you receive them.
  3. Find a qualified company or person to handle your tax filing if you don’t plan to do it yourself. While many companies offer seemingly great offers (such as a tax refund anticipation loan), look for any catches and look for a reputable company that you have heard about or feel comfortable with. In Ardmore OK you’ll be able to find a wealth of great tax preparers ready to give you sound tax tips. Just type “Tax Services Ardmore OK” into any search engine and you’ll find plenty of results.
  4. If you own a home, talk to your tax preparer about possible deductions. There are many great tax breaks to be found here. Home related costs, like property taxes and points you’ve paid to get a lower loan interest rate, can be deducted, including interest on some home equity loans. When you sell, and if you’ve lived in your home two of the five years before you sell, you get a tax break on some of the profit.
  5. Review any medical costs you’ve had in the past year. Medical expenses can equal tax savings if you have enough. Claim them as itemized deductions, You can also make miscellaneous deductions, again this depends on the total value of them.
  6. Adjust your payroll withholding. If you over-withheld on your federal taxes, you’ll get a refund. On the other hand, under-withholding will cause you to owe the IRS when you file, which isn’t bad unless its a big bill and you don’t pay over the year, thus receiving penalties. If you want to change your withholding, fill out a new W-4 for your employer. There are several payroll deduction calculators out there to help you figure out what to with hold so you get it ‘just right’.
  7. If you, your dependents, or your spouse are planning on attending college, make sure you look at educational accounts that can help with college costs and taxes. Almost every state offers a 529 plan, which is a savings account set up for children to help pay for college. Contributions to the account are not tax deductible, but the earnings aren’t taxed. Additionally, if you take out funds to pay for an eligible expense, you would not be taxed. There is tax free money from other educational savings plans that can be used in 2011. For college students, there are also tax credits to receive such as the Lifetime Learning Tax Credit and similar ones, so make sure you ask about these.
  8. If you own a business, whether its your main source of income or if its just a side business, there are tax laws that will allow you a few ways to save. The Small Business Jobs and Credit Act of 2010 made increases to the Section 179 tax deductions. Now you can deduct expenditures in the year which they’re made instead of waiting for it over several tax years. Of course you can write off some of your business startup costs, and also home office expenses if you run an office out of your home.
  9. If you’ve given to charity in 2010, you don’t have to meet a certain threshold to deduct your donations. As long as you have given to an IRS approved organization, you can claim an itemized deduction for the full amount you donated. Try to spread your donations throughout the year.
  10. Lastly, review, review, review! After you’ve gathered up your information, go over it again to make sure you’re not missing anything that could benefit you. During the process, don’t panic! Handing over your documents to a preparer will give you the peace of mind to know that not only will they complete what you asked for, they may be able to find new tax incentives that you hadn’t considered before!

Before you know it, April 15th will have passed, and you’ll be looking forward to receiving tax returns for 2011

Find out what your options are, call us now for a free consultation:  for by calling us on, 1-580-224-9399