The Power of a Tax and Accounting Combo Team

Today on the show, we discuss the pros and cons of using a "one-stop shop" for your accounting and tax needs in your business and how to approach shopping for these services.

What you'll hear in this episode:

[1:43] What is the difference between a tax professional and an accountant?

[3:23] Why it is important to have both a tax profession and an accountant at tax time.

[10:17] What are some of the benefits of sourcing both your tax professional and accountant from the same place?

[11:26] What are some of the disadvantages of sourcing both your tax professional and accountant from the same place?

If you like this episode, check out:

Should You Pay Quarterly Tax Estimates?

3 Steps to Hire Your Kids the RIGHT Way

Take Advantage of an Accountable Plan in Your Business

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Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ

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The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.