Get a CPA. Don't settle.

@spencerthomas1469

Жыл бұрын

for real, if this dude is implying CPAs aren't worth their fees then he's a moron.

@wunfoe

Жыл бұрын

@@spencerthomas1469 Fake accounting and tax advisors are the new trend.

@AdeAde0224

9 ай бұрын

Agreed

The reason you shod use a tax professional (cpa, ea, etc.) is to ensure your taxes are prepared and filed correctly. Because if they are filed correctly, then all possible tax savings are accounted for. It shouldn't be about how much savings vs how much your billed. Out of the hundreds of self prepared tax returns I review each year, I find errors on probably 30-40% of them.

@danielcleaveland3240

Жыл бұрын

30-40%, you're being too kind.

I work at a CPA firm and we only charge by the hour on consultations. If we’re doing an individual 1040 tax return with a basic W2 we charge a flat rate that does not increase the longer it takes. We’re not here to rob you and profit, just to help with your burden caused by the IRS

@BabyASHofficial

Жыл бұрын

We also do 15 minute free consultations about 90% of the time and if it’s a complicated case that needs 2 hours of consultation then we charge $150 by the hour.

@BabyASHofficial

Жыл бұрын

So basically you’re paying for a meeting, but we don’t charge hourly based on how fast/slow the return gets done

@alwaysspeaktruth9244

Жыл бұрын

@@BabyASHofficial which state do you operate?

@EVERYDAYSI

11 ай бұрын

What form is this ?

@newagain9964

11 ай бұрын

Caused by the irs?? Nice gaslighting CPAs and Lawyers create the burden. 🥱

He’s always against CPAs because he’s not one..

Cpa is so broad. I do mostly city financial statements and basic tax prep during busy season. While my co worker does 100% tax prep all year round.

They can do nothing if the tax payer has bonds, crypto, stocks etc . They just enter what’s there in the tax forms . 😅

Exactly why I always do my own taxes. My taxes are actually very simple! Which means I can easily do them myself, saving me hundreds of dollars.

@AdeAde0224

9 ай бұрын

Smart move if you can do taxes yourself why not

Billed by the hour? I don’t like that incentive

Why is he always against CPAs? CPAs have a much more rigorous process to get qualified than EAs, yet he always make it seem like EA is the way to go since he has an EA.

Right on brotha. ✊🏾

I dont think Karlton shading CPAs, I think he's just saying it's not worth the higher price tag if you're just paying for data entry. You can do that yourself. But the way I look at it is EAs are tax specialists, CPAs can do so many different services.. Alot of CPAs may not even do taxes lol. All I know is, CPAs and EAs is better than nonqualified people like Pookie who do fraud entries to get people huge refunds 😂

Bro you’re talking about big accounting firms and making it sound like that how most CPAs charge and work. Smaller cpa firms and Individual CPA tax preparers have the time to do everything you’re mentioning. Smaller firms and Individual CPA work the same as an EA would. You may want to stop with the misinformation before you ruin your own reputation. You don’t have to play the EA vs CPA game. When you open your mouth we can tell you are knowledgeable. Just run with that. That’ll serve you better than putting your foot in your mouth like you just did.

@danielhodges5073

6 ай бұрын

Well said

Just know if you got PFICs and foreign filings will will charge you extra

A CPA isn't worth it, so come pay me. Weeks to prepare your return. Pleeaaseee... who do you know that paid $10k and regrets it. If they paid $10k for taxes, their portfolio is stupid complicated. If you have crypto though... well you didn't know what you were talking about to start with.

My Mom recently passed we have joint tenancy in a home in california. When I sell the house can I use both step up in basis and the primary residence deduction of 250K together to save on taxes?

Can the CPA file to terminate my LLC? Also, if the LLC has expenses accumulated from past years, is that eliminated or does the business pay that still?

So what do you do if not using a cpa?

Do you provide service nation wide?

Is TurboTax not good enough?

Meh. Id argue if you itemize it’d still be worth it to see an Enrolled Agent, not a CPA as they’d be able to assist in tax planning.

Bro. You're amazing.

How May I contact your office?

How do you know if your CPA is knowledgeable in tax savings?

@deusvult6920

Жыл бұрын

That's their job

@wunfoe

Жыл бұрын

Dude, that is the most ignorant question in world history.

@jingiyo

Жыл бұрын

Not all CPA's care about savings.

@wunfoe

Жыл бұрын

@@jingiyo A CPA is a professional license, not a title or destination. They have to master tax regulation just to earn those three letters. That is like saying not all lawyers know about the law.

@jingiyo

Жыл бұрын

@@wunfoe yea okay.

I want to work under your company

This is kinda misleading. CPAs are the top business professionals of course they will be looking out to see if they will be able to help you. That's why they almost always offer free consultations. And another tip is to use a mid sized firm to ensure they have the people and resources to quickly process your return unlike a small firm where this might actually happen

@financeyourfreedom_info

Жыл бұрын

Not that’s not true actually!

@smallbeans101

Жыл бұрын

@@financeyourfreedom_info would you care to elaborate

@financeyourfreedom_info

Жыл бұрын

@@smallbeans101 yea a lot of CPAs don’t study taxation fully, they take a brief survey of it in comparison to the Enrolled Agent. This is coming from an Enrolled Agent who is becoming a CPA lol

@financeyourfreedom_info

Жыл бұрын

@@smallbeans101 also check out Tom Wheelwright he is a world renown CPA and he goes in on CPA for being lazy and not studying the tax code as thoroughly as they should