Episode 127: What are the benefits of hiring a CPA?

income tax interview Dec 29, 2020

On 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

Check out Meg's website

Follow Meg on Instagram

Join Meg's Facebook group Badass Money Makers


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