Dorothy Philbin | CNBNews

First:   If you choose/have chosen a paid tax preparer, pick a good one and not just the most convenient one.  About 20 years ago (give or take) one of the nation-wide tax preparing companies had an 80% error rate on itemized returns.  As a result the IRS now requires all paid preparers to be certified.  If you are paying someone to prepare your taxes, make sure s/he is certified. 

If you happen to choose someone who has a record of errors (innocent or not) with the IRS, expect an audit.  This is not a certainty but the odds are favorable that, if you itemize your deductions, you will hear from the tax man.

Continue reading “THE STORY BEHIND THE STORY: Friday is Tax Day so here is the last of my advice.” →