Optimal Finance Daily · Saturday, August 15, 2026
ESI of ESI Money emphasizes that using a CPA doesn't mean relinquishing all tax responsibilities. He spends about 20 hours preparing organized financial data and detailing potential issues for his CPA, which aids accuracy and saves the CPA time, ultimately saving him money.
“It's not like I take a shoe box full of receipts and dump it on them. I spend 20 hours or so combing through quicken records, files, receipts, and the like, to develop a summary of what I see as income and deductions.”
“Doing this helps the CPA be completely accurate in completing my returns. In addition, having the information they need in an orderly form and thus spend less time completing my returns, which saves me money.”
“So just because you use a CPA doesn't mean there's no tax work for you. Doing what you can to work with them will help you save even more time and money, as well as make sure your returns are absolutely the best they can be.”