Why You Need A CPA For Your Michigan Taxes in 2016

The Internal Revenue Service (IRS) has set new policies for the filing of taxes this 2016, and one of the major changes they want to enforce is that only CPA’s, tax attorneys, and certified enrolled agents (EAs) can represent taxpayers when they file for their tax returns.

The 2016 IRS Tax Code Law

More than 50% of official taxpayers in America resort to the services of tax preparers to compile and file their taxes. Should they become targets of audit, these tax preparers are also there to represent them. However, it should be noted that more than 60% of these tax preparers have no official background or professional license to do what they are doing. This has prompted the IRS to review their policies and mandate new regulations regarding this matter.

As of January 1, 2016, the IRS Tax Code Law is requiring any person that shall signify a taxpayer to be qualified according to IRS specifications. Starting this year, only CPA’s, licensed tax attorneys, and certified EA’s can stand in for you when you become the target of an audit or tax review.

“The audits are becoming more thorough,” says Bill Smith, the managing director for CBIZ MHM’s National Tax Office. With stricter policies and processes, only those with credentials in the field of taxation can represent clients when it comes to cases of tax collections, yearly audits, and appeals.

You deserve professional representation

Why is it important to hire a professional CPA, EA or attorney to represent you? Imagine having to face an IRS agent by yourself. If you get called into a hearing, will you be able to appear before the IRS with sufficient tax knowledge and experience and achieve a favorable result?

This is why hiring a professional from the beginning of all your tax procedures is important. Trust in someone who excels at this highly individualized service so you will be represented well. A professional will also be able to answer all of your questions as timely and as clearly as possible. If there are areas that may be too technical for you, a professional will be able to make you comprehend the matter by explaining it to you well.
Does the studio specialize in hair restoration, or is it an viagra cheap no prescription add-on service to general hairstyling? There is no right or wrong scenario as to whether hair regrowth and restoration are exclusively the business of the company. Erectile dysfunction drugs work sildenafil online https://davidfraymusic.com/2017/08/ by inhibiting the enzyme that converts testosterone in to dihydrotestosterone (DHT). Celebratory drinks go on to become binge drinking and one becomes an alcoholic, cialis order caught in the maze of a vicious cycle with no exit. The company manufactures pills and capsules of different power cheap cialis pills and launches them in the market after clinical trials.
 

The Federal Tax Code is a compilation of more than 70,000 pages of tax procedures, exemptions, and regulations. Hiring a professional will save you the trouble of having to sift through such a hefty and tiresome task. Your hired CPA, EA or attorney should be able to help you reduce your tax liabilities by picking out the rules that can help your particular case.

Ask your hired professional about itemized deductions and contributions for your retirement plan. He or she should be able to walk you through the steps of being even less liable for taxes.

If your have a complicated financial history or tax situation, it will benefit you even more to hire a professional. If you have a more straightforward situation, you can attempt to do the tax preparations yourself under the careful guidance and mentorship of a professional.

Our country’s tax laws are always changing and it is part of these professionals’ jobs to stay updated with all the changes to stay in compliance with IRS codes. CPA’s, EA’s and attorneys can simplify the long-winding process of tax preparation, as well as make it possible for you to further minimize your tax liability through masterful planning.

Remember that this year’s tax season requires a level of professionalism that was not required in previous years. If you are behind on your tax preparations, or if you are being called for an audit, make sure to get in touch with a trained and licensed professional so you can maximize your time and resources.

Hazzouri Accounting offers professional tax preparation services as well as in-depth consultations regarding all kinds of tax situations. Get in touch with us by calling 734-844-1614 and we’ll take care of IRS compliance and getting the job done as soon as possible.  We can help!

To stay connected join up with Hazzouri Accounting on our social media accounts: Facebook fan page / Twitter Feed / Google+ Account