Top Tips for Choosing the Right Tax Advisor

A tax advisor, also called an enrolled tax agent or certified public accountant, is an accounting expert who has mastered the complex U.S. tax code and applies that knowledge to help you lessen your taxes. There are different types of tax advisors, such as enrolled agents and Certified Public Accountants (CPA).
Tax advisors can come in several types – they ca be enrolled agents, Certified Public Accountants (CPA), etc. Regardless of the type of tax advisor you need, you have to spend time choosing the right candidate.

Knowing Your Needs

First of all, know what your needs are as well as your goals. For example, if you have fairly simple tax situation, you may go with any qualified tax advisor. Otherwise, go for a seasoned professional who knows just what to do.

Assessing Prospects

Fact is, there has been a wave of funny, unreliable tax preparers in the last few years, so do your research first with every prospect you have. Check their credentials and references, and if they don’t deliver on either front, move down your list. Also take the time to check for complaints against the advisor at your local Better Business Bureau.

Why Experience in Crucial

There are many new and promising tax advisors in the U.S. these days, but hiring someone with experience still offers unparalleled advantage. Find someone who has gone toe-to-toe with the IRS or gained expertise in your specific tax needs. There are no particular rules as to how much experience a tax advisor should have, but at the end of your screening process, you should know if the candidate is experienced enough for your tax needs.

Tax Advisor and Financial Planner in One Package

Again, when it comes to help with taxes, it boils down to choosing the right tax specialist. But having a tax adviser and financial planner in one expert can give you a more balanced approach to syncing your tax situation and the rest of your personal finances: investments, home mortgage costs, retirement savings, and so on.


Depending on your tax needs, you will probably be charged on a sliding scale, which simply means the more you need their help, the higher the fees will be. In most cases, a tax advisor would charge a lump sum, but sometimes, fees can be charged by the hour or be based on number of returns or a percentage of your assets. In any case, always tax the tax advisor you’re consider before moving forward.

Success in this modern and complicated world is easier to achieve when you have experts at your side, providing advice when needed. Definitely, this include a tax advisor, but remember that not all of these experts are created equal. Thus, be willing to spend time finding the right candidate for you.

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