Finance Quick Answers
I have my taxes prepared by someone else. Do you have any tips to make this process easier?
Just because you've hired a professional to prepare your tax return doesn't mean you can sit back and relax. There are steps you can take to help your preparer do a better job. You can save on tax preparation by getting your records organized. Don't just walk into your accountant's office with a bag of receipts. Well-organized taxpayers can save 10% or more in preparation fees.
To save time, list questions and concerns before
going to the preparer. Educate yourself about tax law so
you can ask the right questions. There are many
publications available from the IRS and at your public
Give your accountant the right information - it could
open up a whole string of related expense write-offs you
may not have known existed. Never assume an item is not
Source: Bottom Line Personal, Jan. 15, 1996, p. 5, and Feb. 1, 1996, p.16.
Sandra McKinnon, Consumer & Family Economics Specialist, University of Missouri Extension
Cynthia E. Crawford, Ph.D., Consumer & Family Economics Specialist, University of Missouri Extension
Last update: Monday, July 14, 2008