|Articles|September 16, 2008

Physician's Money Digest

  • October31 2003
  • Volume 10
  • Issue 20

Bum Tax Preparers

Beware:

The income tax code has gotten socomplicated that even taxpayers withnothing but W-2 wages are turning topaid income tax preparers to help filetheir 1040 forms. There aresome shady operators out there. Ask forreferences and credentials. If yourprospective tax preparer is an "enrolledagent" (www.naea.org), authorized torepresent you in front of the IRS, that's agood sign. Watch out for red flags,though, like promises that a preparer canget you a bigger refund, or fees based onhow much money you get back. And givea wide berth to preparers who peddleout-and-out scams, like claiming thatpaying your taxes is voluntary or that certaingroups, like African Americans, areeligible for special credits.

Articles in this issue

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Bequeathing a Home Can Cause Unrest

about 18 years ago

Portfolio CHECK-UP

about 18 years ago

Red, White, and…Green?

about 18 years ago

Who Decides How Much Is Too Much?

about 18 years ago

Do You Need Long-term Care Insurance?

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