FIND THE ANSWERS

Can a good accountant or tax professional lower taxes, per say?

Answer this question

  • Can a good accountant or tax professional lower taxes, per say?


Answers

Answer #1 | 16/12 2013 21:57
Before the end of the year, he can take his tax situation to an Enrolled Agent and ask if there are any actions he can take before 12/31 that would reduce the tax bill. Note, all actions will tie money up. No freebies. *Per Se*
Answer #2 | 16/12 2013 22:43
A tax professional can make recommendation about things a taxpayer can do to reduce his taxable income and may know a few things that most ordinary people don't.
Answer #3 | 17/12 2013 06:47
Very doubtful BUT can choose to find a good professional for a face to face meeting to discuss some of these things with your friend at this time in life. Hope that you find the above enclosed information useful. 12/17/2013
Answer #4 | 17/12 2013 09:04
a professional may know of things that could be claimed that your friend doesn't but if your friend has that kind of income he likely is very knowledgeable about his income and deductions or he has a professional prepare his returns
Answer #5 | 17/12 2013 09:50
Probably not, no. They can make suggestions as to what he could do to help himself (max IRA and 401(k) contributions, etc),.

Possible answer