California FTB urges caution when choosing a tax preparer

The California Franchise Tax Board (FTB) issued a press release last week urging taxpayer caution when choosing a tax preparer. "Taxpayers should realize they are ultimately held accountable for the information on their tax return even if they pay someone else to prepare it. The majority of tax professionals are honest and provide a quality service. Unfortunately, there are dishonest tax preparers who may inflate expenses and deductions, claim unallowable credits, or take excessive exemptions and leave their clients accountable." For the complete press release, please visit: http://www.ftb.ca.gov/aboutFTB/press/2009/09_11.shtml