1. Tax Preparation

“Mention the word taxes and many people start sweating . . . The maze of tax forms you must wade through can seem overwhelming, and following the rules can seem impossible. But take heart: The Internal Revenue Service (IRS) has worked hard in recent years to try to simplify the process for most taxpayers. Filing incorrectly may bring heavy penalties, so it’s important to take advantage of all the help you can get.”

Jeremy Reis, Tax Preparation for Beginners


This is a great article to read if you are unsure of how to hire a tax professional.


Tax Preparation seems to be commoditized when you see the choices. Folks who imagine there is little difference between Certified Public Accountants and anyone who advertises they are ‘tax preparers’. The truth is that as a CPA I am required to take 40 hours of Continued Professional Education from quality sources, and we hold ourselves up to higher standards. For anyone shopping please read what the IRS suggests and steer clear of anyone who doesn’t fulfil the minimum requirements or violates IRS laws in their practice.


2. Bookkeeping

Bookkeeping! Quick, turn the page, let’s get to something interesting! Let someone else worry about the numbers…I really don’t do numbers. I’ve never been a business person, I’m a craftsman! All I have to do is make my product well and everything will be OK.

Does all that sound familiar? How would you feel about someone working for you who said, “Take care of my tools? I don’t know how – I’ve always let someone else do that, I really don’t do that part of the job, and besides, I think they’re good enough – they still work.” Well, if you take the attitude that books are either beneath your notice or too complex for you to understand, you’re working with dull tools. Your business depends on a variety of things to keep it healthy – a good product or service delivered by competent people is one part of the picture – but well-kept books are just as important.”

3. Financial Planning

Financial planning is not a product… it is a process. With the assistance of a planner, clients may use specific financial products, such as insurance or equities, but only as ends to accomplish the goals they have established. The financial planning process is a series of steps taken to help clients accomplish their goals. A qualified financial planner, such as a Certified Financial Planner professional, will first gather and analyze data about a client’s income and expenses, taxes, insurance coverage, retirement plans, wills, trusts, investments and other information pertinent to the overall financial situation.

Frank’s partner John O’Callaghan who helps with Financial Planning can be contacted directly.