Looking to move from the standard H&R Block/Turbo Tax models to a professional CPA that understands investors. Currently investing in company 401k, Back Door Roth, Stock Market and have 4 rental properties with that profile growing. Looking for a CPA that can advise on tax strategies for my investment profile to optimize my taxes and also advise for potential strategies for the future. Currently live in Columbia, SC and open to someone either local to South Carolina or a general tax advisor out of state I can work with remotely.
I appreciate any feedback on any tax strategies and also recommendation on CPA firms or individuals to reach out to.
@Garrett Favier I’m following this post because my investing portfolio is very similar and need that level of service too.
Garrett and Ryan,
I recommend finding an accountant who specializes in real estate taxation and tax planning. You may want to consider working with your accountant remotely to expand your options.
I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return. You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.
Good luck and let me know if you have any questions.
H&R Block/Turbo tax can be great if your tax return is simple. However, once your return gets more complicated, you may be better off working with a professional.
If you answer a question incorrectly in their software, your return will come out incorrectly.
The other disadvantage is that you don't have an individual throughout the year to ask questions.
Good luck in your search for a CPA.
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