Who Can Be a Tax Advisor? The IRS lists several types of financial professionals who can serve as tax advisors and who can represent a taxpayer before the IRS. Someone who does not meet the IRS requirements is probably not a good person to use as a tax advisor. 1. A Tax Attorney. Look for an attorney who specializes in business taxes, not just personal taxes. A general attorney is probably not going to have the current knowledge of business taxes to be able to give you good advice. 2. A Certified Public Accountant (CPA). Find a CPA who is licensed to practice accounting in your state and who has expertise in business taxes. An accountant is not a CPA, by the way. 3. An Enrolled Agent is a tax professional who has qualified to prepare taxes and represent taxpayers before the IRS. An enrolled agent cannot represent taxpayers before the Tax Court. Can a Tax Advisor also Prepare Business Taxes? Anyone can prepare tax returns for others but you might want to find someone is educated and experienced in tax law and tax preparation.
Posted on: Tue, 12 Aug 2014 22:05:10 +0000
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