In the past few weeks, my husband Richard has had a few people inquire if we can guarantee that tax savings. I understand the question. Let’s say you are currently pretty satisfied that you have a good CPA. There might be times when you feel like you have to remind him of things and maybe even educate him based on things you learn at TaxLoopholes website, but generally he’s good. Then you hear that I did a FREE! CPA Tax Review and found that you’d been overpaying your taxes for about $15,000 per year.
You’ve been in business making about the same amount of money for about 4 years and so that means you’ve LOST OUT on $60,000! How can that be? You asked your CPA again and again, “Are you sure there isn’t something we can do?”
So, before you commit to hiring me and my firm, you want a guarantee that I can really save you that kind of money.
And, I can’t give you one.
I wish I could. But the AICPA (American Institute of CPAs) says I can’t. In fact, that’s why I started doing FREE! CPA tax reviews. I wanted you to know how much money we could save you up front. And I always underestimate. Chances are if I told you that you’d save $15,000, you’ll find that I can save you about $18,000 the first year and even more in subsequent years. That’s because if we have enough time to prepare we can legally get you to a 10 or 15% tax bracket
You may find a few people out there who call themselves “tax strategist” who will guarantee tax savings. There are two things wrong with that: (1) It’s illegal to do so. (2) I can guarantee one thing - they’re not preparing your tax returns. That’s because if they did with a tax guarantee, they’d be shut down in a heartbeat. You simply can’t do that.
So, I’m sorry that I can’t guarantee the savings. I can tell you that I’ve been in business more years than I want to remember (put it this way - I was in college in the 70’s…) and you can research my license with Nevada and Arizona State Boards of Accountancy and see that I’ve never had a complaint.
But I can’t give you a guarantee.
