Short spoken video by Adam Sand arguing that many busy small-business owners wrongly assume their CPA is proactively managing their finances; instead, CPAs are often "happy historians" who record and report past numbers rather than provide proactive planning, leaving owners blindsided at tax time.
The struggle is busy business owners. They lack the time, energy, desire, live in that state of overwhelm already. The reality is this, busy business owners think, oh my CPA has me covered. They're like, oh, my guy, my gal. They're awesome. They're going to help me out. They've got me covered. When in reality, most CPAs don't. Here's why. Most CPAs I say no disrespect to them, it's a busy time of year that they do their work. But most are what I would call happy historians. Right? But the right numbers in the right boxes, but not much in the way of being proactive happens. And the result at tax time feels like you've got a total knockout by the irs.
