IN EVERY PROFESSION there is: The Good, The Bad & The Ugly.
A Small Case in point: over inducement of Drugs to Michael Jackson (perhaps & depending on how it is viewed) by Dr. Murray Conrad could be categorized as The Bad or The Ugly and abuse in the Noble Medical Profession.
Now Let's see how that Premise pans out in the Context of Annual US Tax Prep & The Industry around it.
The GOOD: Those CPAs', EAs', Tax Attorneys & other Tax Preparers, who Absolutely Believe that US Tax Returns Must & Should be done on US Soil, Period!
The BAD: These are among those who dangle carrots at you to bait you into permitting them to do your Tax Return, by throwing in A Holiday to Hawaii, Free Air Ticket, Free IPad etc & then send your returns to The EU or elsewhere in Asia (no prizes for guessing) to get processed and done & all that the Bailee in US is doing is Mail Order Services & Grinning from Ear to Ear.
The UGLY: In this Category are those 'Professionals' without Any Ethics. It does not matter whether the Return is done in the US or in Timbakthu, they are bent on doing mischief alongside you. Such are those that aide & abet Tax Evasion. Stay Away from such!
Stay with The GOOD. They Mean well Always. They Do Not Cost An Arm & A Leg AND Above All Are Well Intentioned & Sincere. Avoid Bargaining with them. You are Not Shopping for Vegetables, Potatoes & Onions, Please!
With The BAD, You are taking definite & calculated Risks by sending your Tax Returns to 'La La Lands' through them, that know Ethics Only As A Subject in Theory & Do Not Practice it. They are the Ones who Grin from Ear To Ear, to your Own Potential Detriment.
Choose Wisely, who Does Your Taxes. Your tax return work is like a Contract of Bailment & You must Ask the Bailee, if your Return is being serviced abroad? You have a Right To Know. Unless you ask, the Bailee is not bound to tell, even if its prudent to do so that they tell you of their own Volition.
My Message to TurboTaxers, as long as it's Crystal Clear Vanilla, by All Means Stay Turbo Charged, if u will. Just know that it's an inanimate tool & is not to be construed to mean its the be all, to everything about Tax Returns.
The Above is just a 'Thinking Aloud View' expressed based off surveying the Landscape and in my considered view. It is not written with any Malice or Spite at those Professionals who send US Returns Abroad for processing.
I am of the firm view, that sending US Tax Returns abroad for servicing should not be Entertained due to multifarious risks and reasons that are not unfounded.
Issued in Conscious Public Interest by me. Yours Truly, Koshy P.George, CPA
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Koshy, there are some incompetent and unethical tax preparers out there, for sure. There are lots of good ones too.
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