top of page

Why Hire a CPA


Today, we live in the information age. Anything, or almost anything you need to know can be found with a couple Googles, Yahoos, or Bings. So I'll give it to you straight -- about 80-85% of the general public will never need to hire a Certified Public Accountant. If the only tax documents you receive at the end of January are a W-2, your mortgage interest statement, a 1099-INT from your bank, and you have a couple charitable receipts, you probably don't need to hire a CPA. In fact, TurboTax or H&R Block have phone apps that you can use for a nominal fee.


So, when do you need to hire a CPA? If you have income outside of your W-2, or if you're not a W-2 at all. In fact, in you receive a 1099 for services, rental income, or royalties, you probably need to hire a CPA. If you receive a Consolidated 1099 from your broker, such as Charles Schwab, you probably need to hire a CPA. If you own a business, you DEFINITELY need to hire a CPA. If you get a nasty letter from the IRS, you DEFINITELY need to hire a CPA.


Why, you may ask? CPAs have to undergo 150 hours plus pass a grueling four-part exam before they can call themselves CPAs and market themselves to the public. Compare that with the three-week prep course at the national preparation centers. CPAs understand the nuances between entity types, and they have the accounting know-how to clean up books, and how to fill out numerous tax forms correctly. CPAs can come up with proactive, tax-saving strategies before the tax year end to minimize your liability, and maximize your savings.


If hiring a CPA sounds scary to you, I understand. We can get over your fears together. Call Mark Conner, CPA today at (469) 320-1260 and we'll diagnose and treat what tax problems ail you.

Diagnosing the Piggy Bank

 
 
 

Recent Posts

See All
What is your greatest ability?

To all service professionals out there, what is your greatest ability? Are you the best lawyer, accountant, realtor, engineer in the...

 
 
 

Comments


Commenting on this post isn't available anymore. Contact the site owner for more info.

Phone: 469-320-1260

Fax: 469-464-1789

Mark Conner, CPA PLLC

5050 Quorum Drive, Suite 700
Dallas, Texas 75254

  • LinkedIn Social Icon
  • Facebook Social Icon
  • Yelp Social Icon

©2018 by Mark Conner, CPA PLLC.

bottom of page