How to Find an Accountant That will Save You Tax
Many accountants are just compliance based form fillers and don’t have the expertise or aptitude to save you tax. Finding a good tax planning specialist can be tough.
Eight questions to ask a prospective accountant to see if they are right for you:
- Are they in practice full time? (Part-time accountants are a waste of time).
- Are they a Tax Planning Specialist? (Only deal with a specialist).
- Do they provide a written Tax Plan to clients?
- Do they use a Tax Planning Checklist?
- Are they conservative, aggressive, or somewhere in the middle?
- Can they provide case studies on tax savings they have generated for clients?
- Do they offer any tax planning during the year?
- Do they offer pre June 30th tax planning as part of their service?
Paying tax can be one of your biggest business expenses, so reducing it as much as legally possible makes good business sense. Use these 8 questions to find a good tax planning accountant that can add value and save you tax.
Similar posts you may like
- Tax Planning Strategy 178 – Auto Reversionary Pension
A reversionary pension is a pension that is paid to a member and on the death of the member continues to be paid to Read more
- How do we stop spending thousands on wasteful gifts each year?
Whether you love or hate Christmas shopping, most of us are obligated to spend thousands each year on what ultimately leads to billions of Read more
- Write down your financial goals
What are your financial goals? You may hope to get out of debit, retire early, or have a million in your super by the Read more
- Small business lockdown assistance by State
In addition to federal support, if you run a small business and need assistance during or after a lockdown period, you can find information Read more
"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"
- Bono: U2