Busted! Don’t Believe These Three Myths About Tax Professionals!
A tax resolution specialist is a tax expert who helps clients deal with tax issues and represents them before the Internal Revenue Service (IRS). They are responsible for analyzing fiscal matters and preparing, submitting and managing tax statements and returns for businesses and clients.
However, in today’s world of online tax forms and rampant misinformation, discerning the facts from the fiction and dealing with your tax problems in a knowledgeable, professional manner can be challenging. For example, people not knowing the difference between an EA (enrolled agent) and a CPA (certified public accountant) is bound to cause confusion and lead to misunderstandings.
To help you steer clear of these misconceptions, Tax Plus Etc. has debunked some of the most widely believed myths about tax professionals.
Myth 1: Former IRS employees have insider connections that give them an advantage.
This is a myth widely circulated by unscrupulous tax professionals to lure clients. The truth is that all issues relating to the IRS are resolved based on the case’s facts, the applicable law, the arguments put forward by the tax resolution professional, and their skills. Regarding tax resolution, personal connections with the IRS count for nothing and simply do not come into play.
Myth 2: All tax professionals have the same training.
The misconception that all tax professionals have the same training is detrimental as particular tax issues require specific training. A Tax Resolution Specialist, for example, undergoes rigorous and comprehensive training and participates in annual education courses on specifically dealing with IRS problems. It is wise to hire the right tax specialist for your situation to ensure a favorable outcome.
Myth 3: All attorneys and accountants represent you before the IRS.
We often see individuals with the misplaced idea that all accountants and attorneys have experience with taxation and can represent them in dealing with the IRS. The truth is only a small percentage of lawyers and accountants have any experience in dealing with the IRS. Most attorneys simply prepare documents, while many accountants deal exclusively with accounting matters.
If you’re looking to steer clear of these myths, reach out to Tax Plus Etc. As the best tax accounting and bookkeeping firm in Dallas, Texas, we specialize in tax preparation for individuals, small to medium-size businesses, bookkeeping, payroll, tax resolution, and consulting. We serve clients across Dallas, Tarrant County, Denton County, and the surrounding areas.