Taxes are not easy, as there are lots of complexities in the tax law which you will need to take care of in order to avoid any problems later on. That is why you might be looking to hire a tax consultant to file your returns this year.
However, not every tax consultant is the right fit for your business. In this article, we will tell you about the red flags you should avoid when hiring a tax consultant for business accounting services.
They Are Not Licensed
To get the best results in your tax filing process, you should make sure that you hire a tax consultant to help you. Moreover, the consultant should be properly licensed in order to do proper work and provide you with all the benefits of tax consultants.
On the other hand, if you end up hiring a tax consultant who is not properly licensed, he won’t be able to provide you with much benefits, and can in fact do more harm than good to your business.
Usually, businesses who file their tax returns well within time get refunds. However, this does not necessarily mean that you are guaranteed to get a refund every time you file your tax return. But some tax accountants try to win your business by promising you a refund. You should never trust claims like these, and should look for another tax consultant if this happens to you.
They Are Asking For a Percentage of Your Refund
Another mistake you should never make when hiring your tax consultant is promising them to pay a specific percentage of your tax refund. That is because your tax consultant might try fishy tactics to get a refund, and that might land you in more trouble in the long run.