UNDERSTANDING THE PROFESSIONAL LANDSCAPE Tax preparers are typically CPAs Certified Public Accountants Enrolled Agents or specialized attorneys CPAs have more stringent requirements than Enrolled Agents There's a shortage of CPAs and Enrolled Agents leading to firms hiring high school interns at competitive rates to encourage CPA careers Due to professional shortages there's a risk of encountering unscrupulous tax preparers potentially leading to scams like refund fraud and identity theft SAFEGUARDS AGAINST FRAUD Seek preparers available year-round especially useful in case of audits Verify the preparer's IRS Preparer Tax Identification Number PTIN through the IRS directory Inquire about their professional credentials
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