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Meeting with your tax adviser? Avoid these 5 mistakes

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in Small Business Tax,Small Business Tax Deduction Strategies

Sometime between now and April 15, you'll probably sit down with your tax adviser to pour over receipts, write-offs and changes to your personal tax situation. You can save on your tax bill—and your tax-preparation fees—by avoiding these common errors:

1. Making accountants do work that you can do

CPAs tell many tales of taxpayers who arrive with shoeboxes full of receipts, credit card slips, etc. Some spend an hour in the accountant's office opening envelopes they think may be tax-related.

Instead, organize your paperwork beforehand. Come with a list of questions and tax strategies (including strategies clipped from Research Recommendations). Ask your tax pro if he or she offers a tip sheet or organizer form to help you prepare for that initial meeting.

2. Assuming they recall earlier returns

Your preparer won't have your entire tax history committed to memory. So, prior to your meeting, review your p...(register to read more)

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