What Kind of Accountant Can Save You The Most In Taxes?
There are two kinds of accountants out there.
And the difference between them could mean thousands of dollars to you.
The two types are
- Accountants and
- Tax planners
It’s kind of like the difference between a food journal and a nutritionist
A food journal is where you record what you ate, your calorie intake, the amount of protein and carbs that you took in.
You make sure it's recorded accurately and all the data is there, and that everything's done correctly.
Then there's a nutritionist. A nutritionist will look at specific data related to your health, and then they'll come up with a proactive plan, an eating plan, and a lot of times an exercise plan, so that you can achieve the kinds of goals that you're looking for.
And that's what a tax planner would do when it comes to your financial life. They proactively look at your business and your personal finances. Then they come up with a plan to help reduce the amount of tax you're paying so that you could keep more of what you make.
So think about the accountant that you're working with right now.
Would you label them more as an accountant who does your taxes during tax season, or are they a tax planner who's talking to you throughout the year and proactively looking for ways to help you.