Thread by @AskForTaxAdvice

How to hire someone GREAT to do your taxes.

Someone that will not only do a nice job on filing your taxes, but will find you all the LOOPHOLES.

***Thread***

Ask people similar to you who they use and if they are happy with the service.

If that doesn't work, google "[your city] + CPA.

While it's not necessary to have a local accountant you can meet with in person, it has it's benefits.

Visit some websites and get a feel.

Pick a few that you think you want to work with and call them.

Here's a script,

"I am in the business of [your operations], making about [your expected revenue] this year, and am looking for someone to help me with my books and taxes. Are you taking new clients?"

They are always taking new clients - they love to work.

Then ask them any questions YOU need to get comfortable with THEM.

Remember, they work for you.

They will charge an hourly or monthly rate for bookkeeping.

They will charge an hourly or per return rate for tax returns.

.Get rates from all the CPAs that you talk to in order to compare.

Here comes the twist...

CPAs, especially smaller offices, are often cheaper than heavily marketed tax shops like @HRBlock...

BUT! CPAs are much better at doing taxes (saving you money, accuracy, etc) than places like @HRBlock.

Thus, the price and quality makes CPAs a huge value.

The more sophisticated you get, the more likely you will need a larger CPA office or tax attorney (pros and cons of both), but by then you will be able to afford either. Don't worry about that for now if you are early in your profit journey.

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