Top 6 Tax Scams and How to Protect Yourself

No. 4: Tax preparer frauds

Over half of all taxpayers choose to have a tax professional handling their refunds. While the vast majority of tax professionals will ensure the utmost quality of services, there are some who will prey on the unsuspecting client. If you choose to have a tax professional handling your paperwork, ensure that they provide you with their Preparer Tax Identification Number, which will confirm that they have been approved by the IRS. Don’t forget you are the one who is legally responsible for what’s on your tax return even when it is prepared by someone else.