(A) A tax preparer shall post the following information in both English and Spanish, at any premises where the tax preparer renders any personal tax preparation services. All signs displaying such information must be prominently and conspicuously posted at the primary public entrance to the business premises or in the immediate area where consumers arrive and are met by the tax preparer.
(1) A sign in 22-point font or larger that states:
"KNOW YOUR RIGHTS BEFORE YOU HIRE A TAX PREPARER
Tax Preparers must:
- Provide you with their contact information and PTIN (federal tax preparer number)
- Give you the amount of all fees and charges in writing before you have to pay
- Allow you to review your return before filing and ask any questions you may have
- Give you one free copy of your tax return when it is filed
- Return your original documents to you when requested
Tax Preparers may NOT:
- Require you to take a Refund Anticipation Loan
- Ask you to sign a return with blank spaces they will fill out later
- Guarantee that you will get a tax refund
- Guarantee that you won't be audited by the government
What's a Refund Anticipation Loan (RAL)?
- A loan you take out that will be repaid by your tax refund
- These loans are not a faster way to get your refund
- The loan may have fees and interest
To learn more and for additional information, visit cabq.gov/taxpreprights.
To file a complaint about a tax preparer, visit cabq.gov/taxpreprights or call 311."
(2) A statement of how fees for tax preparation services are calculated, including all miscellaneous fees and costs that may be incurred by the consumer In relation to the tax preparation and fees, costs or charges related to all refund settlement products offered by the tax preparer or a current price list containing such information.
(3) If the tax preparer is a sole proprietorship or partnership, the names of all owners. If the tax preparer is a corporation, the name shall be followed by the phrase "a corporation."
(B) The city may prescribe model forms consistent with this Article to facilitate tax preparer compliance with these disclosure requirements. A tax preparer shall be deemed in compliance with the disclosure requirements of § 13-20-1-4 if a tax preparer uses such model form. Nothing in this Article shall be construed as requiring tax preparers to use any such model form.