Unlocking the Secrets of Taxes: A CPA's Guide to Financial Success with Carly Carlson

Mar 15

Get ready to unlock the secrets of the tax world in this episode as we welcome Carly Carlson, CPA and Managing Member at WE Team LLC, to share her expert insights on taxes. Taxes can be a daunting topic for many of us, but Carly is here to demystify it all and help us understand why finding the right accounting firm for your business is crucial.

As Carly dives into the importance of tax planning and the differences between CPAs and financial advisors, she reveals the key to financial success: complete transparency with your CPA and financial advisor. With Carly's guidance, we'll learn how to avoid tax bill surprises during tax season and why tax planning should be looked at all year round.

What You’ll Learn:

The importance of finding the right accounting firm for your business.
The difference between CPAs and financial advisors (and why they should be working together).
Why the government asks for 1099s and W-2s.
What an audit actually entails.
Why tax planning is something that should be looked at all year round.
How to avoid a big tax bill surprise during tax season.

Ideas Worth Sharing:

“For every investment you make, there is a tax decision.” - Fiat Wealth Management
“We are paying the government all across the year and if you get a refund, that just means you paid them too much. It doesn’t mean that your CPA just came up with some magic way to get you a bigger refund.” - Carly Carlson
“Year-round tax planning helps to cut down on surprises during tax season.” - Carly Carlson