The days are getting shorter, and the weather is getting cooler – it's definitely starting to feel like fall! Along with the changing seasons, it's also time to start thinking about taxes. Believe it or not, the tax season will be here before you know it. If you're like most people, you probably don't want to think about taxes until the last minute. But did you know that there are benefits to starting early? In this blog post, we'll discuss when you should start looking for an accountant, the difference between an accountant and a CPA, and how to prepare for tax season. We'll also give you some tips on finding the right professional for your needs. So read on – it's never too early to start planning for your taxes!

When should you start looking for an accountant?

It's never too early to start researching and interviewing accountants. You want to ensure that you have enough time to do a thorough search and make sure that the professional you select is the right fit for your needs. Also, if you wait until tax season rolls around, the best professionals may already be booked up with other clients. So don't put it off – doing some research now will help save time (and stress) in the long run.

When should you start doing your taxes?

It's never too early to start preparing for tax season. If you can, make sure to collect all of your financial documents and information as soon as possible. This way, you'll have everything you need to get started when it's time to file. You should also research any tax credits or deductions that you may be eligible for and look into any tax planning strategies. The more prepared you are, the less stressful filing your taxes will be.

When can I start filing taxes for 2022?

The IRS usually begins accepting tax returns around the end of January. However, you don't have to wait until then to start filing – if you have all of your documents ready, you can start filing as soon as the IRS opens for business. Don't forget to look into any tax breaks that may be available for the upcoming year.

The official tax filing start date for 2022 is January 24, 2023, and the deadline is April 18, 2023.

The benefit of having a professional do your taxes

A qualified accountant or CPA can provide invaluable assistance when it comes to preparing your taxes. They can advise on which deductions and credits are available, help you avoid costly mistakes, and ensure that your tax return is filed correctly. Having a professional do your taxes can also help to reduce the amount of time it takes to get them done – they know all the ins and outs of filing taxes, so they can handle it quickly and accurately. Hiring a professional to do your taxes can save you time and money in the long run.

What are the risks of doing taxes on your own?

Doing your taxes on your own can be a risky proposition. You may miss out on deductions and credits that could save you money, make costly mistakes that could get you in trouble with the IRS, or simply not file correctly. The risk of making mistakes increases with complexity – if your taxes are more complicated, it's best to consult with a professional.

What's the difference between an accountant and a CPA?

Accountants are qualified professionals who specialize in tax preparation, financial planning, bookkeeping, and other related services. On the other hand, CPAs (Certified Public Accountants) have additional specialized training in accounting. They must pass a rigorous exam in order to become certified as a CPA. As such, CPAs are better equipped to provide more comprehensive services than standard accountants.

Finding the right accountant or CPA

When it comes to selecting an accountant or CPA, you want to make sure that they have the experience and qualifications needed for your particular situation. Talk with a few different professionals and ask lots of questions – find out about their credentials and what type of services they can provide. You should also ask for references from previous clients so you can get an idea of their level of expertise.

Takeaways

Tax season can be a stressful time, but starting early is key! Begin researching accountants now so that when the time comes, you'll know exactly who to turn to. Make sure to look for someone with the necessary qualifications and experience to handle your tax preparation needs. With a little bit of preparation, you'll be ready to tackle tax season like a pro!

If you are ready to get ahead on your taxes, hiring an experienced accountant or CPA is the way to go. And when you use a TrustDALE certified professional, you're always protected by Dale's trademark $10,000 Make-It-Right Guarantee. So start looking for a trusted tax professional in your area today!

Good luck, and happy filing!

dales-book
Dale's New Book:
Don't Get Scammed: Get Smart!
dales-book

SCAMMERS BEWARE: SEASONED CONSUMER INVESTIGATOR DALE CARDWELL GIVES READERS A GAME PLAN TO AVOID RIP-OFFS

TrustDALE in your Community