Thursday, January 03, 2013

Oregon: The Best Tax Preparing State

Oregon: Land of many well-prepared tax preparers
A few years ago, Congressional investigators issued a report that should've caused Oregonians to swell with pride. And irritation.

Oregon's tax returns, the investigators found, were more likely to be accurate than the rest of the country's -- about $250 more accurate as of 2001, the Government Accountability Office found.

Unfortunately, that meant 1.56 million individual Oregon taxpayers paid $390 million more in federal taxes than they would have if they lived elsewhere, the report said.

Oregon: We do our taxes right. And we pay for it.

Last year, I reviewed online tax prep sites. This year, I figured I'd help those wanting live person helping.

As you see, you're in good hands in Oregon.

Still, you can overpay for your service. Not everyone needs to pay a Certified Public Accountant by the hour to do their returns. [...]
It goes on to give some good definitions of what LTPs, LTCs, EAs and CPAs are and what they do.

His follow-up column was also instructive:

Selecting a tax professional? It's OK to be picky
[...] So, where to start looking for a tax pro? Ask a friend or someone whose judgment you trust whom he uses. If you shop around, interview more than one in person. You'll get a better feel for pedigree, fees, specialties and personality.

"Some tax pros are not great communicators," said Joseph Anthony, a licensed tax consultant with Joseph Anthony & Associates Inc. in Portland. "You should know going in what you should expect from your tax pro." [...]
It goes on to offer advice, including questions you should ask.

     

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