Tax season may be over, but it’s never too early to start preparing for next season by getting connected to Denver tax companies. Whether you are looking for help as an individual or for your company, you need to have a reputable tax company that you trust to ensure that you’re not only filing your taxes correctly but also meeting your goals. Before deciding on working with a tax preparer in Denver, it’s a good idea to have some questions prepared to ask during your first consultation. Many Denver tax companies will allow for a free consultation prior to working together, so use the questions below as a guide for making the most of your first session and beyond.
Denver tax companies: questions to ask to make the most of your session
What does the tax preparation process look like?
Whether you are a new business owner or a seasoned one, no two tax preparers typically have the same process when it comes to preparing your taxes. Denver tax companies all have their own ways of communicating throughout the process, so it’s smart to find out how this particular company likes to communicate before signing up to work with them to ensure that you know what to expect.
What information or documents will you need from me to file my taxes?
Filing your taxes with Denver tax companies is slightly different than if you’d choose to file on your own due to the hourly rate. For this reason, you need to make sure you have everything needed for your tax preparer to get to work on your taxes without wasting time finding the correct documents. Some documents that you should expect to provide for your preparer typically include a copy of your most recent tax return, income statements, proof of expenses, and any additional tax forms that you have received.
How available are you for me throughout the year?
If you are looking to meet your tax goals by working with one of the many Denver tax companies, it’s important to understand just how responsive your tax preparer is going to be outside of filing time. Finding the right tax professional who will answer your questions whenever they pop up can be a challenge, so be sure to ask upfront to determine if this professional is willing to help you whenever you need them, not just when it’s convenient for them.
While there are many other questions that you should ask Denver tax companies before deciding to work with them, these questions will give you a good starting point. If you’re ready to start working with one of the best Denver tax companies, consider working with Denver Tax Group. Looking for additional questions to ask your preparer? Check out these 12 bonus questions that we’ve included below.
Qualifications and Credentials:
Can you provide details about your professional qualifications and certifications? Look for credentials like CPA (Certified Public Accountant) or EA (Enrolled Agent), which indicate a high level of expertise in tax matters.
Experience with Similar Cases:
Have you dealt with clients in similar financial situations or industries as mine? Experience in handling situations similar to yours can ensure they are well-equipped to handle your specific tax needs.
Familiarity with Tax Laws:
How do you stay updated with the constantly changing tax laws and regulations? A reliable tax preparer should be actively keeping up with tax law changes to provide accurate advice.
Approach to Tax Planning:
Can you give me an idea of your approach to tax planning? A good tax preparer should be proactive in suggesting strategies to minimize your tax liability and optimize your financial situation.
Availability for Consultation:
How available are you for discussions and consultations throughout the year? Having a tax preparer who’s willing to advise you beyond the tax season can be beneficial for your overall financial planning.
Could you provide references from current or past clients? Speaking to other clients can give you insights into their experiences and satisfaction with the tax preparer’s services.
Fee Structure and Transparency:
How do you charge for your services, and what’s included in the fees? Ensure you understand the fee structure to avoid surprises later. Transparency in this aspect is crucial.
Risk Management and Compliance:
How do you ensure that your tax strategies and advice are compliant with tax laws and regulations? A reliable preparer should prioritize compliance to prevent future legal issues.
Handling Audits and Discrepancies:
How do you assist clients if they face an audit or discover a discrepancy in their tax returns? Knowing their approach to addressing such situations can provide peace of mind.
Technology and Security Measures:
What technology do you use to safeguard clients’ personal and financial information? In today’s digital age, it’s important to ensure your data will be handled securely.
Conflict of Interest:
Do you have any potential conflicts of interest that could affect your advice to me? This is particularly important if the preparer offers additional financial services.
How do you communicate with clients, and how often can I expect updates from you? Clear and open communication is key to a successful working relationship.
Asking these questions can help you gauge the expertise, ethics, and compatibility of a tax preparer with your needs and financial goals. Remember, your tax preparer should be someone you feel comfortable working with, who understands your situation and provides trustworthy guidance.
Considering working with Denver Tax Group? Check out this 5-star review from our recent customer, Sophia Greer.
“Could not be more grateful for our experience with Chad and Leah at Denver Tax Group. Genuinely kind humans who take the time to get to know you and help in any way they can. Our tax situation is usually pretty simple, me and my husband are in our early 20s and usually rely on Turbotax for tax filing. However, we were told we owed this year. I reached out to Denver Tax Group for help. Chad was not only able to help us correct to not owe, but to receive a large refund instead, and gave us such valuable advice… Thank you so much!!”
Denver Tax Group, located in Aurora, Colorado, focuses on our client’s long-term growth while providing a wide array of services for your taxes. We believe a strong foundation is the key to financial freedom. Clear communication between the client and the tax professional, accurate preparation that we stand behind, and tax advice that will place you and your family on track for a strong financial future! We offer different services to prepare you for years ahead. Learn more about our services or contact us now to schedule your appointment at 303-333-0363.