Dave Mello

Dave Mello

Dave has been a wealth strategist since 2000, helping executives, small business owners and retirees to create and maximize their wealth potential by helping them “see the unseen”. His purpose is to explore and analyze the complicated intricacies of each individual or business’ financial situation to design and deliver simple strategies.

Horizon Retirement Advisors, LLC

707 Mount Rose St.

Reno, Nevada 98509

horizon@retirevillage.com (775) 851-4754
Back To Articles

Do you have a professional tax advisor? It is an important decision.



Choosing a tax professional is vital to proper financial management. Most advice-oriented articles will tell you that your tax professional I am the person you should consult for any tax-related matters. If you don't have a tax professional, now is the time to find one and this guide can help you.

Why Do I Need A Tax Professional?

Taxes are complicated and full of regulations and ever-changing laws. Depending on your situation, your tax return may be simple or involve a series of very detailed steps. If you don't know what you're doing, tackling a complicated tax return by yourself can potentially create problems, i.e., audits, and trusting a local tax preparation service isn't always a foolproof option either. A trusted tax professional, someone whom you've selected and whom you feel comfortable working with, is a valuable asset, and depending on their expertise, the tax professional you choose may be able to save you more money on your returns.

Are There Different Types of Tax Professionals?

Tax professionals can be either Certified Public Accountants (CPA) Enrolled Attorneys (EA) or certified and noncertified tax preparers. The obvious caveat in choosing a licensed or nonlicensed tax preparer is that only a CPA or an EA can represent in you in court, should the need arise, and the local tax preparer may not be as knowledgeable as a CPA or EA.


When most people say that they are looking for a personal accountant, they are looking for a CPA. CPA's are best for those with more complicated taxes, like small business owners, and for those who are looking for a long-term relationship with a tax professional who can help them discover tax-saving strategies. It is essential to do careful research to find a CPA who is adequately qualified to meet your more complicated tax needs. The first step in finding a good CPA is to check with the State Boards of Accountancy to make sure that any potential CPA's have been licensed and have not been subjected to any disciplinary actions. All CPA's are licensed at the state level, but it is important to know that licensing requirements can vary from state to state. CPA's in the Virgin Islands, for example, are only required to have a high school diploma, while CPA's in Ohio are required to have completed 150 hours of college course work, and have a concentration in accounting. You should also inquire as to whether a CPA is a member of the American Institute of Certified Public Accountants, a professional organization that offers some disciplinary oversight.

Enrolled Agents:

Enrolled agents are a better choice for many tax filers since they are less expensive and more dedicated to preparing individual returns. The IRS also licenses enrolled agents, and like Tax Attorney as and CPA's are required to meet specific criteria to practice. This group is not regulated at the state level, however, so the IRS will not be able to inform you about any ongoing complaints. You can call to see if an ERA has been suspended or disbarred.

Tax Attorney:

If you anticipate problems with the IRS, it makes sense to have a Tax Attorney in your corner. This could happen if you've had a complicated sale of a small business over the past year, or if you've neglected to file your taxes for several years. Tax attorneys are also occasionally used to file returns that deal with complex estate and trust issues. If none of these scenarios apply to you, however, you most likely don't need a tax attorney.

Choosing A Tax Professional: Ask The Right Questions

You may get a good referral from a friend, co-worker, or even your financial planner, but you should always check the background and qualifications of the person in question before you meet them face to face. Once you do sit down for that first meeting, the following is a list of questions that you should ask:

• What types of tax services do you offer?

• Are there any areas that you specialize?

• What other services do you provide?

• Who will prepare my return?

• How aggressive or conservative are you regarding the tax law?

• What is your experience with audits?

• How does your fee structure work?

• What qualifies you to be a tax advisor?

• Do you carry liability insurance?

• Can you provide references of clients who have financial situations similar to mine?

Regardless of the type of tax return that you use, make sure that you read all documents carefully, before you sign on the dotted line. Tax time doesn't have to be stressful, and it shouldn't be, as long as you take the time to research your next tax preparer thoroughly.

Best Annuity Rates Report Cover

Annuity Questions?

Download the 2021 Annuity and Investment Report Now and learn more about annuity options that can help you achieve your retirement goals.

Safe Money Guide Report Cover

Safe Money Guide

Download our Safe Money Guide and learn more about safe retirement options that can help you achieve your retirement goals safely - FREE!

Life Insurance Guide Report Cover

Life Insurance Guide

Learn more about the various life insurance options available to you that can help you achieve your goals.

Sign up for our newsletter.

Safe Money insights and tips sent to your inbox twice a month.

Sign Up Now!