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See if this helps ....this is a normal problem in your spot with W2 / company ownership / investments. AND you need to be CLEAR what you want when you are trying to find these people. Then hold them accountable for providing ALL of it.
Tax prep personal ... filling out the forms, submitting to IRS, following the rules. This unfortunately is all that most people get. AND all they will do for you if you are not clear what you need!
Tax planning .... working through your particular personal situation and your companies and your long term wealth plans and making a custom plan BEFORE the situation occurs. lot of 'if-then' and 'what if' planning. THIS is what you currently need. you have to be very clear if you go to a CPA or they will just do tax prep. push them for full answers. google and fact check them. Know your situation so you understand what needs to be done. Do NOT leave this solely up to them or you will get what they want vs what you want.
Tax attorney .... reviews what the first two did and breaks the tie. knows the laws and where they can be bent. gives counter advice so you can make decisions
Bookkeeper ... someone to follow your SOPs and enter your company financial data into your accounting software on a consistent basis in the same way on the same day in the same format over and over and over again. takes adjustments from the CPA and keeps the books updated and the reports flowing
Tax prep / planning business .... CPA that takes your monthly or quarterly books and makes adjustments to keep revenue / costs in the same time period so you have accurate information / reporting to run your business. Looks for tax credits and other gov't programs to apply for and employ. Often also handles your personal so it is all together.
CFO .... your company person (can hire fractional until you get bigger). really focuses on what the company needs. uses all the other resources to plan / push / fight / advocate for what the owner of the company wants and holds the entire company (including the owner!) accountable.
Tax prep personal ... filling out the forms, submitting to IRS, following the rules. This unfortunately is all that most people get. AND all they will do for you if you are not clear what you need!
Tax planning .... working through your particular personal situation and your companies and your long term wealth plans and making a custom plan BEFORE the situation occurs. lot of 'if-then' and 'what if' planning. THIS is what you currently need. you have to be very clear if you go to a CPA or they will just do tax prep. push them for full answers. google and fact check them. Know your situation so you understand what needs to be done. Do NOT leave this solely up to them or you will get what they want vs what you want.
Tax attorney .... reviews what the first two did and breaks the tie. knows the laws and where they can be bent. gives counter advice so you can make decisions
Bookkeeper ... someone to follow your SOPs and enter your company financial data into your accounting software on a consistent basis in the same way on the same day in the same format over and over and over again. takes adjustments from the CPA and keeps the books updated and the reports flowing
Tax prep / planning business .... CPA that takes your monthly or quarterly books and makes adjustments to keep revenue / costs in the same time period so you have accurate information / reporting to run your business. Looks for tax credits and other gov't programs to apply for and employ. Often also handles your personal so it is all together.
CFO .... your company person (can hire fractional until you get bigger). really focuses on what the company needs. uses all the other resources to plan / push / fight / advocate for what the owner of the company wants and holds the entire company (including the owner!) accountable.