I intend to discuss current tax situations that are relevant to taxpayers today. I want taxpayers to be aware of potential tax credits and deductions that they may be eligible for. It is my experience that it is easier, and most cost effective, to do things right the first time.
Please remember that no matter who prepares your return, or how much you pay to have your return prepared, the ultimate responsibility for the information in your tax return lies with you, if you are the taxpayer who signs that return. Although, a fraudulent preparer can be fined or worse, you are still financially liable for any tax you would have owed in the first place, and potentially liable for any penalties and interest that may have accrued since the due date of a questionable return.
