Comments on: What are the Benefits of Working with an Experienced CPA? https://www.financeglobe.com/post/what-are-the-benefits-of-working-with-an-experienced-cpa/ Personal Finance Tips & Tools Mon, 23 Nov 2015 14:49:37 +0000 hourly 1 https://wordpress.org/?v=6.9 By: Anonymous https://www.financeglobe.com/post/what-are-the-benefits-of-working-with-an-experienced-cpa/#comment-108 Mon, 23 Nov 2015 14:49:37 +0000 https://www.financeglobe.com/tools/2015/11/19/what-are-the-benefits-of-working-with-an-experienced-cpa/#comment-108 I was speaking with my CPA this weekend about this topic, and he used a great analogy that I thought would be helpful to share. Hiring a CPA is very similar to hiring an auto repairman. Some people know how to work on cars themselves, while others don’t even really know how a car works. There are a lot of options in hiring an auto repairman, and you have to be careful in selecting the right one.

I hope this is helpful!

]]> By: Anonymous https://www.financeglobe.com/post/what-are-the-benefits-of-working-with-an-experienced-cpa/#comment-107 Fri, 20 Nov 2015 22:13:44 +0000 https://www.financeglobe.com/tools/2015/11/19/what-are-the-benefits-of-working-with-an-experienced-cpa/#comment-107 I would agree to what Chris has said as well. If you have a very basic return, a CPA may not be necessary. But in today’s world where a lot of people have multiple jobs and complexities to life, a CPA is a huge value add. Although the IRS does not admit it, I also agree I believe it lowers your chances of being audited, which can be a very painful process. I am actually a CPA, but I still hire a CPA who is a tax expert because I trust and value his expertise of the personal tax code, which I am not as familiar with.

]]> By: Anonymous https://www.financeglobe.com/post/what-are-the-benefits-of-working-with-an-experienced-cpa/#comment-106 Thu, 19 Nov 2015 18:24:53 +0000 https://www.financeglobe.com/tools/2015/11/19/what-are-the-benefits-of-working-with-an-experienced-cpa/#comment-106 Great Blog. Yes, CPA’s can be expensive but, in my case they have found things I could depreciate and/or deduct that I didn’t think about. Also, spent many dollars working through the IRS claims for someone else and I want the peace of mind that I will not get audited (or at least have quality representation).

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