San Tan Valley Area Information

2 minutes reading time (349 words)

Reminder Ghost Tax Preparers are no Halloween Trick or Treat for Victims

Reminder Ghost Tax Preparers are noHalloween Trick or Treat for Victims

By law, anyone who prepares or assists in preparing federal and state tax returns for compensation must have a valid 2019 Preparer Tax Identification Number (PTIN). Paid tax preparers are required to sign the tax returns they prepare on paper and include their PTIN. For electronically filed returns the preparer must list their name and PTIN. 

By not providing required information, it may appear the return was self-prepared, which helps keep the ghost tax preparer under the radar. Also, ghost preparers may promise a large refund and charge fees based on a percentage of the refund. Taxpayers need to know that preparers are prohibited from charging a percentage of a taxpayer’s refund as their fee.

The Department of Revenue advises taxpayers that it is important to ask questions and carefully review their tax returns because they are ultimately responsible for what is filed, regardless of who prepared the return.

Tips for taxpayers:

  • Ask any questions before signing and filing.
  • Ask the preparer to explain deductions, credits and wages claimed.
  • Ensure the tax preparer provides you with a copy of the entire return, including schedules if there are itemized deductions or credits.
  • Carefully review the tax return before submitting and ensure numbers are correct and schedules add up to source documents.
  • Is the preparer available year-round and will the preparer explain how the return was prepared in the event of an examination by ADOR or the IRS?Did the preparer explain charges for services in advance?

ADOR recommends taxpayers with concerns about their tax preparer should report it to the department’s “Report Tax Fraud Hotline” (602) 542-4023 or at https://azdor.gov/contact-us/report-tax-fraud.In tax year 2018, ADOR’s Criminal Investigations Unit (CIU) stopped more than $2 million from 2,500 fraudulent returns submitted by tax preparers.

Oct. 29 marks comment deadline for latest study ph...
Here’s a chance to get your photography in Arizona...

Related Posts

 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Thursday, 21 November 2019
If you'd like to register, please fill in the username, password and name fields.

Captcha Image

santanvalley_logo_17.png
SanTanValley.com is your #1 resource for anything in and around San Tan Valley, AZ.  Focusing on uniting and promoting all that San Tan Valley has to offer for our visitors and residents, SanTanValley.com provides you with local area information & events, local business information, travel ideas, news, traffic alerts, deals, and more!


© 2019, SanTanValley.com is owned & operated by MyBizNow LLC. All Rights Reserved. Material displayed is not to be used without written permission by SanTanValley.com representatives. You may not reproduce or communicate any of the content on this website, including articles, content, images and files downloadable from this website, without the written permission of SanTanValley.com representatives. Opinions and comments posted by viewers do not reflect the opinions of SanTanValley.com.

Search