Does this mean I no longer need my CPA or tax preparer?
If your tax preparer is just preparing your taxes and periodically reviewing your books, we recommend that you continue using those services. Although we do not prepare taxes at Prosperity Bookkeeping LLC, we do work closely with tax preparers. Tax preparers specialize in tax planning and preparation. They use what the bookkeeper does to aid in tax planning; the cleaner the books, the better the advice. We specialize in preparing reports for owners and/or shareholders to aid in profit enhancement. Tax savings are limited; but, profit enhancement is unlimited. Books done and reviewed on a regular basis keep problems small; and, having a second opinion never hurts either.