1001: Why I Use a CPA to Do My Taxes by ESI of ESI Money on Tax Preparation & Outsourcing Financial Work
Optimal Finance Daily - Financial Independence and Money Advice
Optimal Living Daily LLC
4.5 • 1.3K Ratings
🗓️ 6 December 2019
⏱️ 9 minutes
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| 0:00.0 | This is optimal finance daily episode one thousand one why I use a CPA to do my taxes by |
| 0:07.2 | ESI of eSI money.com and I'm Dan I'm your host and this is where I read to you every single day of the week from some of the best personal finance blogs in the world, |
| 0:16.5 | and we cover all sorts of financial related topics from saving and investing to budgets to early retirement and so much more. |
| 0:24.0 | And now let's get right to our post as we start optimizing your life. |
| 0:28.0 | Why I Use a CPA to do my taxes by ESI of ESI Money.com |
| 0:39.0 | When it comes to financial issues, I'm generally a do-it-yourself guy. I don't need a financial planner because I'm my own financial planner. I don't need an investment advisor because I'm my own investment advisor and the list goes on. I figure that if I know how to do something, why do I need someone else to tell |
| 0:54.9 | me how to do it? Besides, no one cares more about my money or knows what I like, don't like, |
| 1:00.2 | and want to accomplish better than I do, right? |
| 1:02.8 | That said, there are times when I need a financial professional's help. |
| 1:06.3 | I used a lawyer to draw up our estate plan. |
| 1:08.9 | I use insurance professionals to buy all types of insurance. |
| 1:12.0 | I needed a good one when I purchased my |
| 1:13.7 | disability insurance policy since they can be quite tricky. And I use a |
| 1:17.7 | CPA to do my taxes. A lot of people I talk to can see a reason for the first |
| 1:22.1 | two, but when I mention I use |
| 1:23.8 | a CPA for tax purposes, they wonder why I don't do the taxes myself. |
| 1:28.5 | It's not that I couldn't do the taxes myself, it's that I choose not to, and there are some very good reasons why. |
| 1:35.0 | Why I use a CPA for my taxes? |
| 1:38.0 | So for the record, here are the reasons I use a CPA to do my income taxes. |
| 1:42.3 | By the way, I refer to my CPA as they because I meet with a couple |
| 1:45.8 | individuals, the main partner as well as the CPA who actually does my taxes. |
| 1:50.3 | One, they save me money. The number one reason I use a CPA is that they save me more than what I pay simply because they know more about the tax laws than I do. |
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