Benefits of Establishing Long-Term Relationship with CPA

Ny1.com

A CPA is more than just a person who does your taxes. In this Money Matters Report, Time Warner Cable News’ Tara Lynn Wagner explains why you might want to make them a more vital member of your team. Don't think of visiting your tax preparer as an annual chore to be checked off your to-do list. Instead, think of the classic line from Casablanca "I think this is the beginning of a beautiful friendship." That is because if you use a good CPA, he or she can do a lot more for you than just fill out your return. "They are proactive versus reactive. You can do all kinds of planning with your CPA: tax planning’ financial planning, estate planning, retirement planning," says Alan Kahn, CPA at AJK Financial Group. Granted for many people, the first contact they have with a CPA is simply to find someone to file their return and Untracht Early CPA Barry Kleiman says they are more than up to that task.