Something to remember:

Anyone who prepares or assists in preparing federal tax returns for compensation must have a valid PTIN before preparing returns.

A qualified tax preparer should:

  • Maintain PTIN and ERO status with tax authority

  • Advise clients about tax preparation process

  • Prepare and submit an error free income tax return for client

  • Handle communications between tax authority and client

  • Audit tax forms for completeness and accuracy

  • Provide future tax planning for clients