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Three Tips for Getting the Most Out of Your Accountant

05/08/08 - 11:13 AM EDT

Katie McCaskey

3. Tune-ups every 10,000 miles.

Found a great accountant or tax professional? Now make sure you keep them informed every year about life changes that may impact your finances.

Life events such as the birth of a child, divorce, inheritance, home purchase, or starting a business can all influence your tax return. Updates ensure your professional knows your situation and has your best interests in mind.

Sometimes, these changes reveal new ways to structure your taxes.

In summary: Find someone you can trust who returns your calls. Keep yourself accountable to your accountant because you're ultimately responsible. And keep your pro up-to-date for best results.

And -- here's hoping for a less stressful tax season next year.




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