When tax season rolls around, there are a few different choices you can make. You can take on the process of doing your taxes on your own, seek help from a tax preparation professional, or work with your tax advisor to ensure that all tax filings are done correctly.
There are some people who like doing taxes on their own, possibly because their taxes are easy to file, or they are knowledgeable about their specific financial situation. Tax preparers can also be helpful if you simply don’t have the time or inclination to do your taxes and don’t want to have to think about the process.
When it comes to working with a tax advisor, however, there are some important distinctions you’ll notice. A tax advisor can help you file your taxes, sure … but the solutions they provide go far beyond this step once a year during tax season. A tax advisor is your long-term financial team member who can help you understand your financial rights better and navigate tax law so you benefit in both the short and long term. A tax advisor is worth the investment because they will help you plan for your financial future.
You’ll often find a tax advisor at a local accounting firm because the two things go hand-in-hand. Keeping accurate financial documents is part of properly completing your taxes, so it only makes sense! The more you work with a tax advisor year after year, the more you’ll see how they can be your greatest asset when it comes to doing taxes for yourself or your business.
At the office of Brad R. Smith, CPA PC, you’ll find a professional tax advisor ready to answer your questions and provide guidance about taxes. Ready to get started? Reach out to us today.