I believe that it is important to find a tax professional who can provide comprehensive services year-round, rather than just during tax season. Many business owners do not completely understand the need for guidance and advice about tax strategies year-round and are hesitant to pay for higher-priced services. Some business owners also expect this level of service, for a very small annual fee.
It is important for individuals to understand the value of high-level tax services and the corresponding price point. I encourage everyone to think about what they expect from their tax professional and to be realistic about what they can expect for a certain price point. It's essential to find a tax professional who can provide the necessary services to meet your needs and ensure that you are compliant with tax laws.
What you'll hear in this episode:
[1:00] Patterns I am noticing in my client consults as tax season progresses.
[2:54] Common problems with low-cost tax preparers.
[3:34] Do not shop for a CPA solely on price.
[4:12] The question that I ask in all my consults to potential clients.
[5:51] The value in hiring a CPA that is fully invested in your business and tax strategy.
[7:03] What services you should be searching for when looking for a tax professional?
[9:30] How I step through a tax professional value discussion with potential clients.
* Related episodes:
231: Questions You MUST Ask Your Accountant Before Signing a Return
241: Five Key Financial Building Blocks for Your Business
244: How to File Taxes as a Single-member LLC or Sole Proprietor
* Find everything you need at https://www.keepwhatyouearn.com! https://www.keepwhatyouearn.com/
* Questions about this episode? Text me!: https://my.community.com/shannonweinsteincpa
* Chat about this episode in the Keep What You Earn Community – http://keepwhatyouearn.circle.so/
* Hire us: https://www.fitnancialsolutions.com/accounting
* See how much you can save with an S Corp: https://www.keepwhatyouearn.com/keep-what-you-earn-s-corp-calculator
* Find me on IG https://www.instagram.com/shannonkweinstein/
* Meet me face-to-face on YouTube: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ
* Featured in Yahoo Finance! Read more here: https://finance.yahoo.com/news/10-bookkeepers-accountants-watch-2021-113800161.html
The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.