Redstone Federal Credit Union

Spring 2020 Newsletter

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r e d f c u.o r g | 11 I t's tax season, and the Internal Revenue Service (IRS) has tips to help you choose the right person to prepare your taxes. Choose carefully because, no matter who prepares the return, it is ultimately the taxpayer who is responsible for the information provided. First, check a preparer's qualifications. You can use the IRS Directory of Federal Tax Return Preparers with Credentials and Select Qualifications at www.irs.gov. is tool helps taxpayers find a tax return preparer with specific qualifications and is searchable. It's also a good idea to research a preparer's history. Are there any complaints filed against the individual? What is the business's Better Business Bureau rating? Check for disciplinary actions and the license status for credentialed preparers. Other important tips to consider: • Ask about service fees. e IRS suggests avoiding a preparer that bases fees on a percentage of the refund or who boasts bigger refunds than their competition. • Ask to e-file your return, which is the quickest way for taxpayers to get a refund on their federal return when choosing direct deposit. • Is the preparer available after the April 15 filing date in the event you have questions? • Never sign a blank return and be sure to review the return before signing it. • Be sure to include Redstone's routing number and your account number on the return so that your refund is correctly deposited into your account. Find your account number and Redstone's routing number within online banking. CHOOSING A QUA LIFIED TA X PREPA RER

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