There are many different types of tax preparation professionals in and around Staten Island. Each category of professional offers a different level of expertise in filing either personal or business taxes.
It is important to note that anyone who has a PTIN or an IRS issued Preparer Tax Identification Number can charge for tax preparation services. However, there are some specific factors that both individuals and businesses need to consider when selecting an individual to complete their tax filing.
Non-Credentialled Tax Preparer
This a large group of individuals and software platforms that the government does not regulate. In other words, they do not belong to a specific professional organization that requires credentialling to offer services. They can provide basic tax information, and they are required to comply with all laws and regulations.
Tax Attorney
Tax attorneys can file taxes and help businesses and individuals with tax preparation and planning. Tax attorneys are also commonly used to represent a client during an IRS audit or in an appeal process.
Enrolled Agent
These are federally licensed tax preparation professionals. They can provide tax planning, preparation, education, and tax compliance issues. They also represent clients in interactions with the IRS, including collections, appeals, audits, or filing amended returns.
CPA
A Certified Public Accountant is the most commonly used tax professional. These individuals are licensed and offer a full range of tax and accounting services to both individuals and businesses.
In Staten Island, most businesses and individuals use a CPA for their tax needs. In addition to preparation and filing, the CPA is also essential for tax and financial planning and consulting services.
