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You would be better off going with the CPA that typically files the taxes.
A Certified Financial Planner cannot practice in front of the IRS and is not a tax professional. A CPA, enrolled agent, or tax attorney are the professionals qualified to give tax advice.
Do you have any further questions?
Is a CPA automatically a Tax attorney or is a tax attorney obliged to be a CPA?
No, a CPA does not have to be a tax attorney
There are attorneys who are also CPAs
But there are CPAs that are not attorneys
and Attorney that are not CPAs
What is an "enrolled agent"?
An enrolled agent is someone who has passed a test issued by the IRS and is authorized to represent taxpayers before the IRS
It sounds like the optimum choice is a CPA who is also an enrolled agent?
There aren't many CPAs that are also enrolled agents.
The enrolled agent exam is for those who do not want to be CPAs
The IRS automatically recognizes CPAs and attorneys - if you are a CPA there's no reason to take the EA exam.
"A Certified Financial Planner cannot practice in front of the IRS and is not a tax professional. " I think the issue of practicing in front of the IRS is separate from giving good tax planing advice. No?
They could give tax planning advice, but I still think a CPA is more qualified.
Qualified or knowledgeable?
I'm not saying that there aren't CFPs out there who can give tax advice, I'm just speaking broadly typically a tax professional is a CPA, EA, or tax attorney
OK. Thank you very much
You're welcome. Is there anything else that I can assist you with today?
If you have a CFP you use for your personal finance needs, they may be able to give good tax planning advice because they understand your whole situation
A start is being made in the evaluation of doctors and other medical specialist. Are there "rating agencies" for accountants, lawyers etc.?
I do not know of any rating agencies for tax professionals
Thank you again. bye.
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