SHOULD YOU BE INVESTING IN LYFT OR UBER? Most of us use ride-sharing apps. But now you can own a piece of these companies through Wall Street IPOs! A sure bet, right? Not so fast.
Here is the letter that Jayson sent in:
Tom- I wanted to send you a thank you today, Tax Day. Your approach for finding a tax guy worked wonders, and all in will save me $471!
Here’s the story: I am a late 20s guy who moved back to California for a job after receiving an MBA from a top tier school on the east coast. I had a tax guy in the city I went to school in, but when I was moving he told me (rightfully so) to find someone else because he wasn’t overly familiar with California.
I’m lucky to have a small brain trust of mentors in my life (something you advocate for), a few of who live in the city I moved to. I asked them for a recommendation (something you advise), and two gave me the name of the same professional CPA while the other two gave me different names. I called the three CPAs for a free introductory consultation to see if there was a fit. One was good, but not a fit, and one who was more for small businesses recommended on his own that I talk to the same guy two of my mentors recommended! I called him, and we hit it off great. I explained my situation in full and asked the series of questions you advise when hiring professionals. We worked out a fair deal for not just preparing my taxes but also being available throughout the year (something you also recommend, not making the accountant solely an Apr 15 worker but part of the money team).
My accountant did a beautiful job on my returns, and even with paying him his rate, I expect to save $471 when considering extra deductions, money management, and work he’s done. That’s $471 that’s staying safe in my Vanguard Prime Money Market account.
And maybe the icing on the cake, I was told I was one of the most prepared/mature clients he had, and for “such a youngster” he could tell I was on the right path. He asked me where it came from, and I proudly told him all about the Professor.