Show notes by show producer: Anna Nygren
In this episode, Doug and Craig Cody discuss:
* How Craig got into tax planning/CPA
* Effective communication from accountant to customer
* Sole Proprietor, S Corp, LLC, ABC...wait, what?
* Knowing when to say, "Next!"
Key Takeaways:
* The two biggest mistakes as a customer are: not planning and operating out the wrong business entity
* There are a lot of things that you can take advantage of if you plan
* With the new tax law, they've greatly lowered the tax rates on the C-corporations that has opened a lot of opportunities
* Don't necessarily look at the accounting fee as an expense; it's an income! Because if your ROI increases five or ten times, it's saving you money
"Most CPAs are putting the right numbers in the right boxes, but it ends there." - Craig Cody, CPA
About Craig Cody: Craig Cody is a Certified Tax Coach, Certified Public Accountant, Business Owner and Former New York City Police Officer with 17 years experience on the Force. In addition to being a Certified Public Accountant for the past 15 years, he is also a Certified Tax Coach. As a Certified Tax Coach, Craig belongs to a select group of tax practitioners throughout the country who undergo extensive training and continued education on various tax planning techniques and strategies to become, as well as remain, certified. With this organization, Craig has co-authored an Amazon best seller book, Secrets of a Tax-Free Life.
Connect with Craig Cody, CPA:
Twitter: @craigc2742
Website: http://www.craigcodyandcompany.com/niceguys
Book: Secrets of a Tax Free Life
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