Filing taxes? BBB offers tips for finding help and avoiding tax identity theftBetter Business BureauBBB offers tips and resources for filing your taxes and finding a tax preparer It’s that time of year again. Over the next few weeks, W-2 forms will show up at your work desk or in your mail. And while the thought of a hefty tax return could be a happy one, the consequences of filing your taxes the wrong way is not. While it can be tempting to rush out and get your taxes done so you can get your refund sooner, your Better Business Bureau serving Central, Coastal, Southwest Texas and the Permian Basin encourages taxpayers to take time and use caution when selecting a tax preparer you can trust. It is important to avoid mistakes that could result in additional fees or even tax identity theft. Unfortunately, identity theft is not the only thing to watch out for when enlisting the help of a tax preparer or tax software to file your taxes. BBB receives thousands of complaints from consumers against tax preparers every year. In fact, BBB has seen a rise in complaints over the last three years. In 2015, BBB received more than 3,300 complaints against tax return preparation businesses across the United States and Canada. Common complaints state that the tax preparer made errors in their return which resulted in fines and fees. Other complaints allege customer service, billing and contract issues. BBB offers the following advice when searching for a tax preparer:
According to the Federal Trade Commission, tax identity thieves get your personal information in a number of ways, including: going through your trash or mailbox; through emails asking for information, which appear to come from the IRS; employees at hospitals, nursing homes, banks and other businesses stealing data; and phony or dishonest tax preparers misusing confidential information or passing it along to identity thieves. In 2014, tax identity theft made up 33 percent of all identity theft complaints, according to the FTC’s Consumer Sentinel Network Data Book. That’s an increase of nearly 3 percent from 2013. To lessen the chances of becoming a victim of tax identity theft, the FTC has the following advice, whether you choose to file your return yourself or use a tax preparer:
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Alice Business Today - January 2016 |