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Why Don’t I Teach More?

I get a lot of messages from clients about the material I often share with you guys, and a recurring theme seems to be “Why don’t you teach more ‘tax tips’ each month?”  

There’s actually more than one answer to that question, but the main one is the easiest – we’re professionals, and our clients come to us because of that.  In fact, aside from the obvious things I mention from time to time – deductions, credits, and contributions – I’ve found it’s far better to educate smart readers like you how to set themselves up for success in their careers and their businesses instead of teaching you about depreciation schedules or accrual-based accounting. 

(And that stuff, is, quite frankly, one of the true cures for insomnia…)

Being a tax professional is – at least to me – more about ensuring the financial success of my clients, regardless of how they make a living.  So, I might write about systemizing a small business, or finding an intelligent, replicable process to save for your child’s education instead of giving you a play-by-play of what has changed in the U. S. Tax Code. 

Right or wrong, it’s what we do here, because, as an expert in taxes and accounting, our jobs here are more about helping you, as a client, to make more money and to keep it.  As one of my mentors once explained it to me, “Our clients don’t care about how we do what we do, it’s magic, pure and simple.  They only care about the fact we can help them to save money.” 

Besides, the revolution in software has made simply filing a return such a small part of the overall job we do in the world of accounting and bookkeeping, the real challenge for any tax professional is staying abreast of the interrelation of taxes, income, and profit.  

How much you pay in taxes depends on how well my team and I can document what you have done with it … and how much you earned.   The more disposable income you have, the more solutions you have available to you to lower your taxes.  

Roth structures, real estate investments, college savings plans, mortgage deductions, charitable giving, and scores of other options are open to taxpayers – and we’re here to help you effectively use them.