5 tips for finding a tax advisor that will save you millions

One of the most important things an entrepreneur can do to protect his wealth is to find a tax advisor that is not just good, but excellent because the right advisor can save a business owner millions of dollars over their lifetime.


While most companies only speak to a tax advisor once or twice a year, great tax advisors have regular strategic meetings with clients to discuss goals and focus. They are passionate about both tax laws and the future of the client. Here are five tips for recognizing the tax advisor to partner with.

1. Find a passionate CPA versus a mass production company.

The best tax professionals are always CPAs, Certified Public Accountants. Most business owners should use a CPA because these professionals are the most knowledgeable and passionate about reducing taxes. The second option is an enrolled agent, and finally, there are mass production companies like the ones found in the mall. Some very small businesses can get by with a registered agent. Business owners and serious investors should never use a mass production company or do their taxes.

2. Find a CPA with extensive tax education and experience.

The education of Tax Planning near me can make a big difference to long-term tax savings. For example, top CPAs graduated top of their class from top colleges, worked for a Big 4 accounting firm, and embrace the details of the law.

3. Find a CPA that you think is non-linear.


While most accountants think straight ahead, a better accountant finds creative (and legal) ways to use the law to save the taxpayer money. Unsophisticated accountants will recommend that you defer your taxes through an IRA or 401K and pay expenses upfront at the end of the year. The right accountant will spend months with you developing a lifelong tax strategy to create permanent tax savings.

4. Hire a tax advisor to ask you questions.

If you have to ask all the questions during the initial interview, this should be a red flag. Instead, find a tax advisor who will ask you more questions about your long-term goals and financial dreams. Only a thorough diagnosis by a tax professional will lead to significant tax savings.

5. For long-term profit, invest in the best tax advisor.

In my book "Tax-Free Wealth," I emphasize, "It is not how much your tax preparer charges you that matters, but how much your tax preparer costs you." If you can save millions throughout your life, it is worth investing in an excellent tax advisor. For example, my company, ProVision, worked with a client to reduce their taxes by $ 70,000 each year with a solid tax strategy. The long-term result was more than $ 2 million in savings. If invested properly, this could mean $ 4-5 million added to your portfolio.


Hiring an excellent tax advisor is one of the most important decisions you will make as a business owner or as an individual. Find a CPA who is interested in briefing you on the rules and reducing your chances of an audit. Tax law allows great flexibility in how you own your business and structure your transactions. In a nutshell, find a great tax advisor who knows what tax law means and how to save you millions throughout your life.