#1 Reason You Need a Tax Advisor (Especially in Today's World)
Updated: Nov 22, 2019
Tiffany Huntington, EA
October 8, 2019
With all the new apps, integrations, and advancements in technology, you may have wondered why you need a tax advisor.
The answer is simple. Technology will never replace the human element.
Tax advisors spend an immense amount of time researching, studying, and interpreting the tax laws. Why? So you don’t have to.
Imagine going to a restaurant and the menu items and prices change daily. While menu software can update these changes (with direction), the wait and management staff are crucial in relaying these changes to the customers so that they receive the most current information and best product.
This falls the same for the medical field. There are constantly new findings and developments in medicine, the diagnosis and treatment of diseases, etc. Although there are apps out there that can help you narrow down potential symptoms, the human element from years of experience in a doctor’s care is irreplaceable.
While technology may simplify the data entry and calculations, the human element required for the always changing and complex tax world is becoming more and more crucial.
For instance, the Tax Cuts and Jobs Act of 2017 was one of the biggest and most complicated changes in the tax code since the 80s that ultimately restructured ways of thinking for advisors across the industry. Changes resulting from this tax reform continue to evolve causing experts an increased amount of amended returns, continuing education, preparation time, and due diligence requirements with the IRS.
Tax advisors are trained to interpret the complex tax codes in order to help you plan for your future, minimize tax liabilities, and maximize available deductions and credits.
Our team is excited and equipped to help you maintain a fool proof, audit proof, and disaster proof return through years of experience, resources, and business solutions.
Contact us to find out how our team of tax advisors can help you!