Taxes can be a complex and confusing subject, even for those who are well-versed in financial matters. It's paramount to have a tax strategist who can help you understand your options and make the most of your tax situation.
If you're looking for a tax strategist, you may be wondering whether it's necessary to find someone who is also a CPA. In short, the answer is yes. There are several reasons why it's nice if your tax strategist is also a CPA:
1. CPAs have a deep understanding of tax law.
CPAs have to pass a rigorous exam to become certified, and they must keep their knowledge up-to-date by taking continuing education courses. They have a deep understanding of tax law, which is a valuable asset when helping you navigate the complex tax code.
2. CPAs are bound by a code of ethics.
CPAs are bound by a code of ethics that requires them to act in the best interests of their clients. You can be confident that your tax strategist will act with honesty and integrity, and that they will not put their interests ahead of yours.
3. CPAs can provide a variety of services.
In addition to tax preparation and planning, CPAs can provide multiple services, such as accounting, auditing, and business consulting. They can, in theory, offer you a one-stop shop for all your financial needs.
4. CPAs are recognized by the IRS.
The IRS recognizes CPAs as experts in tax matters. If you have a tax issue that you need to take to the IRS, you can be confident that your CPA will be able to represent you effectively.
If you're looking for highly-qualified professionals who can take your tax strategy to the next level, contact us today!
