article thumbnail

5 Critical Questions to Ask Your Accountant About Tax Planning BEFORE Tax Season

CTP

With the alphabet soup of credentials out there, it can be confusing to translate all those letters on your accountant’s business card. The lowest level of credentials is a licensed tax preparer. For example, in California, this means a California Tax Education Council CTEC registered tax preparer (CRTP).

article thumbnail

What is tax advisory?

ThomsonReuters

Let’s take a look at what tax advisory is and how you can take advantage of this approach to serving clients. What are tax advisory services? Typically, tax advisors have more experience and education than accountants and are well-versed not only in accounting, but in tax law, finance, and business strategy.

Tax 98
article thumbnail

Tax Problem Resolution in the Inland Empire, CA

MyIRSRelief

What should I do if I receive a notice of audit from the IRS or California Franchise Tax Board (FTB)? Contacting a qualified tax professional, such as a certified public accountant (CPA) or enrolled agent (EA), who specializes in audit representation can help ensure that your rights are protected throughout the audit process.

Tax 130