When is it time to partner with a CPA?

By The Massachusetts Society of Certified Public Accountants | January 12, 2007

The MSCPA recommends that you partner with a CPA in 2006, particularly if you:

• Will report income over $100,000

• Need tax-saving advice and assistance

• Need assistance with tax documents

• Are considering tax-saving investments

• Are self-employed or a business owner

• Have children in college and education expenses

• Have significant or unusual transactions; or you want a professional review of your tax return before filing.

Ten Tax Tips to Chew On...

Is your 401K loosing weight? CPAs know the best ways to save for retirement without sacrificing your life now.

Re-financing? CPAs have borrowing tips. New equipment investment? CPAs can Maximize the tax write off.

College bound kids? CPAs know what plans are best for saving.

Bad Economy? Good time to ask a CPA how to gift and save on estate taxes.

Experiencing Capital Losses? CPAs know the ways to deal.

Considered real estate? What’s cost segregation analysis!

Year end tax planning with a CPA pays off!

Do you have an effective Financial Plan? CPA’s creativity and independence helps make a good one.

Running a closely held business? Good management ideas by a CPA are key.