CPA vs TURBO TAX #investing #realestate #shortvideo #shortsvideo #business

4 Mar 2025 · 1 min

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1:10

Steve D Valentine argues, in a short YouTube clip, that hiring a CPA is often more valuable than using TurboTax or low-cost preparers—especially for self-employed people and business owners—because tax-structure decisions can save more money than the apparent cost of DIY filing. He contrasts the claimed length of the IRS tax code (7,600 pages) with the Bible (1,200 pages) to emphasize complexity, recounts being taught to use TurboTax by his father, and recommends starting with a small CPA and upgrading as needs grow.

Questions this video answers

Steve D Valentine

7,600 pages

1,200 pages

Chapters

The irs tax code, 7600 pages. Currently the Bible is only 1200 pages. The person that most people overlook and cut cost on every year and that is your CPA. Now you can do TurboTax. My dad had me do that for years. That's how I was taught we're saving money by using TurboTax. What I wasn't taught was the amount of money that actually cost me by using TurboTax. Because when you're self employed or you own businesses, you don't understand all the questions that TurboTax is asking. And by the way, if you didn't know this, the IR IRS tax code I think my CPA said is 7,600 pages. Currently the Bible is only 1200 pages. So if you think that TurboTax H&R block and the random person that charges you 500 bucks to do your taxes has the wisdom to appropriately help you structure your taxes for the best advantage of saving money and future, you're probably missing a few things. So CPA is important. And by the way, you can start with an investment of a smaller cpa. And as you grow in wisdom and time and money, you start to move to other other CPAs that are going to have better strategies and advice based on the wisdom you need for your future.