Listen to This Before Shopping For a New Tax Pro
Apr 03, 2023I 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.
"You get what you pay for: if you are looking for high value tax services, you're going to have to invest ten times as much as you would for a low cost tax preparer."
In this episode, you will learn the following:
1. What do you really need to know when searching for a tax professional?
2. What can you expect to get for your money when it comes to tax services?
3. How can you make sure you get the most out of your relationship with a tax professional?
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
Resources:
Find everything you need at www.keepwhatyouearn.com! https://www.keepwhatyouearn.com/
Questions about this episode? Text me!: https://my.community.com/shannonweinsteincpa
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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.
