#1 You’re managing the relationship.
If you only hear from your tax advisor when it’s time to file your return or pay your invoice, you are unlikely to be getting a high level of service.
You’re looking for a tax advisor who will ask good questions, come to you with new ideas and be a partner in your wealth-building process.
#2 You’re skipping certain deductions.
Over the years, Tom has spoken with plenty of people who are skipping certain deductions because someone told them it would increase their risk of being audited. If your tax advisor recommends you not take deductions to which you’re entitled, it’s time to make a change. Why give the government more money than necessary? (And if you really want to, you can always donate to the government. You don’t have to overpay your taxes.)
#3 Your advisor is afraid of the IRS.
Look, no one chooses to go through an audit. But it could happen. (And with the upcoming expansion of the IRS’s workforce, the odds will increase.) You deserve a tax advisor who will be your confident advocate when it comes to building your tax strategy and, if necessary, representing your best interests with the IRS.
If you’re looking for a new tax advisor — or if you love your current advisor but are looking for access to a proven system for permanently reducing your taxes — our team is available to help.
Book a free call with the team at TFW Advisors® today! We’d love to share more about our process.