Linnea Jospeh

Should You Hire a Tax Planner or Do It Yourself? If you're a small business owner, you already know that tax season isn’t just about filling in numbers on a form—it’s about decisions. Every deduction, every form, and every filing choice impacts your bottom line. So when it comes to managing taxes, a common question surfaces: should you go it alone, or bring in a tax planner? On the surface, DIY may seem more budget-friendly. After all, there’s software for everything. But dig a little deeper, and the waters get murkier. Between changing tax laws, complex deductions, and time-consuming paperwork, even the savviest entrepreneurs start wondering if their “savings” are really costing them more. This isn’t a one-size-fits-all answer. But by the end of this read, you’ll have a clearer picture of what each route really involves—and which might serve you better. The Reality of DIY Tax Planning     Let’s be honest—DIY has its appeal. Tax software has come a long way, and for a solopren...

What to Look for When Hiring a Tax Planner for Your Business? Hiring a tax planner is a crucial decision that can impact your business’s financial health and long-term success. The right tax professional can help you reduce liabilities, ensure compliance, and provide valuable financial strategies. However, with so many options available, choosing the best tax planner requires careful consideration. Here are the key factors to look for when hiring a tax planner for your business. 1. Relevant Experience and Expertise Tax planning for businesses differs significantly from individual tax services. Look for a tax planner with experience in your industry, as they will be familiar with industry-specific deductions, tax credits, and regulatory requirements. Whether you run an eCommerce store, trucking business, or professional service firm, hiring someone who understands your field can make a big difference. 2. Proper Credentials and Qualifications Ensure that your tax planner has the necessar...