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FREE SPECIAL OFFER Own a SMALL BUSINESS or RENTAL PROPERTY? Avoid making Tax Mistakes! Do You Really Know If Your Taxes Have Been Prepared To Your Best Advantage? How could you know? People are truly surprised that someone can read their tax return and discover all these missing items. Asking the right questions yields shocking results. My experience is that it is very likely you have been paying a few hundred to a few thousand too much...every year. Learn if your tax returns have been using the laws to your best advantage for your Business or Rental Properties!
December 7, 2006 - According to a recent conference of the American Institute of Certified Public Accountants, the organization that regulates CPA's, over 80% of CPA's do not understand the basics of real estate tax and accounting. Therefore, if you bought, sold, or owned real estate, and you go to 10 CPA's, EIGHT of them will not know what to do. - Source: Diane Kennedy, CPA, editor, TaxLoopholes.com I have personally seen a lot of errors and missed opportunities by tax preparers. Although I think the CPA's in Austin are probably better than 20% accurate with real estate tax issues, there are still a lot of errors, and real estate taxation is one of the most complex areas of the tax code. If you are a real estate investor, I would advise you to use a CPA who focuses on the tax issues of real estate investors. Best Wishes, Doug Tidwell
Copyright 2005-2008 - Douglas E Tidwell, CPA, P.C. Austin, Texas. "Committed To Saving You Money" is a registered service mark of Doug Tidwell, CPA |
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