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It can also defend you from dealing with what the IRS phone calls “ghost preparers” — unlicensed scammers who declare to generally be CPAs.
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A CPA, However, is surely an umbrella expression for just a credentialed accounting professional. CPAs who concentrate on taxation may possibly present preparation, setting up or consulting services.
Negotiating a settlement, through which the IRS accepts a lesser payment than your whole excellent issues (over the grounds that it'll be paid out much more quickly As well as in entire).
CPAs have unrestricted representation rights in click here front of the IRS — a crucial distinction from an uncredentialed tax advisor or marketing consultant.