Richard Canfield urges viewers to take proactive steps in tax strategy by actively engaging tax professionals or other financial advisers/coaches. He emphasizes that accountants are busy and valuable but that individuals must initiate strategic conversations — asking the right questions and exploring ‘what if’ scenarios to identify tax savings and mitigation opportunities.
Chapters
We have to recognize and respect that accountants are busy people like everyone else. They all want to do and they're doing their best to do an amazing job. And so we do respect and we recognize the value of what they provide. But get clear that if you want more strategy, if you want to find ways to save and mitigate more taxes in an ever changing tax environment, we're going to talk a little bit about you are the one that needs to take that proactive step. You need to engage with a professional who will help you take that proactive step whether that's a tax professional or whether it's another financial professional who understands the right questions to ask task or a coach, someone that can help you think through these things not to provide you advice but to help you think through the necessity of your own circumstance and sort of say oh what if we tried this? Is this a good question I should ask my tax professional, my tax preparer.