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4 Red Flags to Look Out For When Hiring a Tax Preparer


The tax code is complicated, so much so that you may be thinking of hiring a tax preparer to help with your upcoming return. If your tax situation is fairly simple -- you only have one job, and you're claiming the standard deduction -- then you can probably manage to file your taxes yourself. But if you're self-employed, own a business, or have numerous deductions to claim from a variety of sources, then you may be better off outsourcing your return to someone who understands taxes better than you do.

At the same time, you don't want to hire the wrong tax preparer and regret it after the fact. Here's how to know when the person you're thinking of trusting with your taxes may be a glaringly wrong choice.

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Source Fool.com


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