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Episode 3665:
ESI is a do-it-yourself guy across almost every corner of his personal finances, but he still pays a CPA to prepare his taxes. He lays out five reasons the fee more than earns itself back, from catching deductions he would have missed to standing with him if the IRS comes calling. He also explains the twenty hours of prep work he still does himself every year to keep the bill down.
Read along with the original article(s) here: https://esimoney.com/why-i-use-a-cpa-to-do-my-taxes/
Quotes to ponder:
"It's not that I couldn't do the taxes myself. It's that I choose not to."
"The #1 reason I use a CPA is that they save me more than what I pay simply because they know more about the tax law than I do."
"just because you use a CPA doesn't mean there's no tax work for you"
Optimal Finance Daily is a daily personal finance podcast where we narrate the best articles on financial independence, investing, saving money, and money management, read to you by a professional narrator so you can grow your wealth a little more every day.
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