Practitioners who have been adding tax planning services to their basic preparation are taking an additional step to extend their practice into year-round financial planning."There's a natural progression from tax preparation into financial planning," said Stephen Parezo, media manager at Fiducial.
For many clients, the tax preparer is the only advisor they have in the financial world, and he already has most of the data, according to Parezo."The tax preparer gets to see the total picture of the client's finances," he said. "The preparer can see if the client is making retirement plan contributions, and the types of investments he has."
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access