All Forum Posts by: Vicki X.

Quote from @Nicole Heasley Beitenman:

I would be hesitant to pay you for one tax service and a CPA for another. It would be cleaner for me to pay one person to do it all if I could find that. But I might be in the minority; I'm curious to hear what others have to say.

I can clearly hear prospdcts saying this. Thanks for the feedback! I guess to be a little clearer, I would be creating monthly FS's that the cpa would just punch into their software. I would easily be able to provide all of the support for how I created the numbers as well. 

The thing is with rentals, owners do not track things well, so as tax preparers we literally just go with whatever we're given. If it looks similar to last year, then it passes our sniff test. That catches things like insurance or mortgage interest, but not the 1-time purchases. I actually had a client that randomly brought in a $5k insulation invoice because I asked about a refund (completely different things). 

If I created FS's and reconciled like the large investors do, this would be virtually impossible, and a much better product than the cpa firms can create. 

I'm not sure how I would market this understanding without one-on-one meetings that I would need to quit my job to have... all in the hope people would see the benefit of paying for a service versus pulling their hair out at year end tax time.