Episode 127: What are the benefits of hiring a CPA?
Dec 29, 2020On this episode, my guest, Biz Money Coach Meg K. Wheeler, discusses the benefits of hiring a CPA for your small business.
This episode is sponsored by my FREE training: 3 legal & tax mistakes made by creative entrepreneurs & how you can avoid them. Sign up for this free Masterclass here, and get ready to unf*ck your biz.
Today on the podcast we're answering the question "What are the benefits/pitfalls of hiring a tax strategist versus a CPA?"
If you're working on anything related to tax, you want someone who knows what they are doing. Meg suggests you be careful about anyone who is calling themselves a tax strategist, and make sure you are working with a CPA or a tax lawyer like Braden. You don't need a CPA or tax lawyer to provide tax returns.
Beyond tax prep, you should hire a CPA anytime you want to understand how to maximize your business operations. For example, when you start selling more and making more money, should you consider becoming an s corp. Anytime you're doing anything different like expanding into more states, changing up your product lines, selling internationally, or even if you are just starting out. A one hour conversation can sometimes give you what you need for the next 6 months to a year. It is recommended you look for a CPA that has tax expertise, not all of them do.
Get in touch with our guest
Meg K. Wheeler, biz money coach and CPA
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