Many people just assume their accountant will cut their taxes as much as possible. To get the biggest benefit from them, you need to be a bit more proactive.
Make Your Accountant Your Best Friend
Accountants tend to come in two types. The first is a reactive accountant, one that waits for you to send in your financial information and then prepares your taxes. The second asks you to come in and fill in annoying questionnaires about your life and so on. You want to go with this second accountant.
To truly save money on your taxes, you want a proactive accountant. A proactive accountant recognizes that the best way to cut tax bills is to plan ahead. They do not want to see you in April when it is time to prepare last years taxes. Instead, they want to see you in January every year to have a lengthy discussion about your finances, changes you foresee in your life that year and your plans for the future. Once they have this information, they can give you definitive direction on steps to take to cut down on your taxes.
Despite what you may have heard, accountants are just as human as you and I. If you dont make any effort to get your tax strategy sorted...
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