If you think your tax return results are too good to be true, they probably are. An experienced and reputable tax preparer can get the results you deserve based on a thorough accounting of all revenue and expenses that can be properly written off, but some will appear to work magic in order to keep your business or justify higher fees.
Recently, four tax preparers in the Tampa Bay, Florida area received prison time for conspiring to defraud the United States by increasing their clients’ tax refunds. Among other false claims, the preparers claimed their clients owned businesses or were entitled to education expenses and fuel credits that they weren’t. Now they will be serving between one to three years for tax fraud. According to the IRS, their CI Special Agents will be using every legal method to crack down on fraudulent return preparers.
At Accelerated Tax Solutions, our case managers and tax preparers know your rights as tax payers and will use all legal means to make sure you pay only the taxes you owe. Although we don’t file stand-alone tax returns, we regularly file for our clients who need to become compliant before entering into an agreement or petitioning for penalty abatement or who want to challenge an audit or substitute for return with an original well-documented tax return.