
| - What you need to know when choosing a tax preparer - Anyone can hang a shingle outside their home or office and claim to be a tax preparer. The IRS has only now begun to require PTIN's and testing for individuals preparing tax returns for a fee. Likewise, many people assume that because a person is a CPA, that person has a background in taxes. This is not entirely the case. The distinction of a certified public accountant is the ability of a CPA to issue an opinion on the financial position of a company. Although CPA's are monitored by the education departments of the states and usually must maintain a certain amount of hours in continuing education (depending on the state), there are usually no requirements that any portion be in taxes. In addition to being a Certified Public Accountant in the State of New York, I received a B.S. in Accounting from the State University of New York at Albany and a M.S. in Taxation from the State University of New York at Albany. Upon completion of my education, I worked solely in the tax departments of two of the then Big Eight Accounting firms, before starting my own company. Every return is prepared and reviewed by me. It is my goal to try and give every client some form of advice that can minimize their taxes based on their current situation. My hope is that this web site will promote better and easier communication so my clients can inform me of potential transactions before they occur, so I may best inform them on how to minimize such liabilities. Dean Nasca |