If you’re an entrepreneur, one of the most important things you can do is protect your wealth. The right tax advisor can save a business owner millions of dollars over a lifetime. While most companies only chat with a tax advisor a couple times a year, fantastic tax advisors regularly meet with clients. Here are five ways to find a great tax advisor for your business.
1. Find a passionate CPA instead of a corporate company.
The best tax professionals are always CPAs. Make sure you hire one, because these professionals are both knowledgeable and passionate about reducing taxes. Business owners should never use a mass production company or do their own taxes. There’s too much risk involved.
2. Look for a CPA with a great education.
A CPA’s education can make an enormous difference in his/her tax reduction abilities. Search for tax advisors that graduated from top universities and worked for a Big 4 Accounting Firm.
3. Find a CPA who thinks in a unique way.
Most accountants think in a straight line, but a better accountant will find unique ways to save you money. The right accountant will spend several months developing a long-term strategy to create long-term tax savings.
4. Make sure the tax advisor asks you plenty of questions.
If you’re the one asking all the questions during the interview, walk away. Look for a tax advisor who wants to know all about your long-term goals and financial dreams.
