Most people think of accountants as the suits who make sure they get significant tax cuts. However, you have to do your part if you really want significant benefit from these people.
Your Accountant - Your Best Friend and Then Some
We believe there are two kinds of accountants out there. The first is a reactive accountant, one that waits for you to send in your financial information and then prepares your taxes. The second asks you to come in and fill in annoying questionnaires about your life and so on. Believe it, this is THE accountant you want.
To truly save money on your taxes, you want a proactive accountant. The meaning of proactive accountant is simple - they are aware of the value of planning ahead and planning early. They won't be too happy when you make the April Fool's joke of showing up at the last minute. Once they have this information, they can give you definitive direction on steps to take to cut down on your taxes.
Accountants, mistake them not, are not deities in the financial world, nor are they your financial Genie in the Bottle. If you don't make any effort to get your tax strategy sorted out, they probably will not either. It is your responsibility to follow your accountant's expert advice - don't let them tell you they didn't warn you! An accountant will not help you if you don't do much aside from sit on your rump all day long. They are going to save you thousands, if not tens of thousands, of dollars, so do your part.
So, how do you find a proactive accountant? You can look around the net or ask friends. But you really wouldn't know that an accountant is really productive until you set an appointment with that person. Be armed with an arsenal of interview questions, not the least those related to how they plan to handle your taxes. If your prospective accountant does not offer to review your taxes or finances so they can give advise, then brothers and sisters, he or she is NOT proactive - next, please!
If you want to gain more from your accountant than what you are expecting, keep these two things in mind. First of all, find somebody who is proactive. You must also follow them like they were your own parents when it comes to finances.
Your Accountant - Your Best Friend and Then Some
We believe there are two kinds of accountants out there. The first is a reactive accountant, one that waits for you to send in your financial information and then prepares your taxes. The second asks you to come in and fill in annoying questionnaires about your life and so on. Believe it, this is THE accountant you want.
To truly save money on your taxes, you want a proactive accountant. The meaning of proactive accountant is simple - they are aware of the value of planning ahead and planning early. They won't be too happy when you make the April Fool's joke of showing up at the last minute. Once they have this information, they can give you definitive direction on steps to take to cut down on your taxes.
Accountants, mistake them not, are not deities in the financial world, nor are they your financial Genie in the Bottle. If you don't make any effort to get your tax strategy sorted out, they probably will not either. It is your responsibility to follow your accountant's expert advice - don't let them tell you they didn't warn you! An accountant will not help you if you don't do much aside from sit on your rump all day long. They are going to save you thousands, if not tens of thousands, of dollars, so do your part.
So, how do you find a proactive accountant? You can look around the net or ask friends. But you really wouldn't know that an accountant is really productive until you set an appointment with that person. Be armed with an arsenal of interview questions, not the least those related to how they plan to handle your taxes. If your prospective accountant does not offer to review your taxes or finances so they can give advise, then brothers and sisters, he or she is NOT proactive - next, please!
If you want to gain more from your accountant than what you are expecting, keep these two things in mind. First of all, find somebody who is proactive. You must also follow them like they were your own parents when it comes to finances.
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