SOTSQ - Episode 19: What if Your Accountant Was Paid by the IRS?

Why do you hire an accountant? Simple answer. To protect your organization from being overcharged by the irs. Every year, you pay an accountant thousands of dollars to protect your organization from overpaying. Now imagine how you would feel if you learned your accountant was paid by the irs. You might become a little more skeptical, a little less certain about whether or not you're overpaying. Right? Why do you hire a health insurance broker? To protect your organization from from being overcharged by the insurance companies. Every year, you pay a broker thousands of dollars to make sure you're not overpaying. But much like an accountant getting paid by the irs, there's a good chance your broker is getting paid by the insurance companies. So now, how certain are you about whether or not you're overpaying? Here's the fix. Work with a consultant that charges fees. Work with a consultant that's transparent about their fees and that has an unbiased approach about helping you and your organization from overpaying. So the next time you have a conversation with your broker and they're recommending one insurance company over another, remember how they're getting paid. And until next time, bear down, focus on the target, and strike out the status quo.