Accountants should hold quarterly tax-planning meetings with clients during the year, not just review taxes after the fact. Proactive planning in Q1, Q2, and Q3 lets you implement strategies before December 31 to cut next year's tax bill. Waiting until year-end means leaving money on the table.
If your accountant is not coming to you in the current tax year, and I mean, in my opinion, this should be quarterly. You should have a Q1, Q2, Q3 meeting in the current tax year, and he should be coming with strategies that you can implement before December 31st to minimize your tax bill in the next year. If your accountant is not doing that, they are not doing their job. So I would just encourage all of you, if you do not have a tax planning portion of your meeting with your accountant, if it's all forensic, if it's all you know, looking at last year, you are leaving money on the table.
