The Better Business Bureau wants you to be careful when choosing a tax preparer. Investigator Bill Smith says you should be careful about doing business with tax offices that only are open for a short amount of time and that people should match the level of their tax preparer with the complexity of their tax situation. You should also look at credentials, get advice from family and friends, and think twice about agreeing to a refund anticipation loan.
Smith says it may be tempting to opt for the money quickly, but understand at what price they come.
Click here for Smith’s comments
He says some fly-by-night preparers are in business only to rip off their customers. In many cases this is done through identity theft, since you have to provide detailed information to submit your taxes to the state and to the IRS.