Tax What If Doctor<\/a> <\/span><\/h2><\/div>![](\"https:\/\/taxwhatifdoctor.com\/wp-content\/uploads\/Blog-Pic-2023.03.21.png\" "\\"If")
<\/a><\/div>If You Think Your CPA is Telling You Everything You Need to Know\u2026Think Again<\/a><\/span>by TaxDoctor<\/a> on May 20, 2026 at 7:01 pm <\/small>First, let us make it clear that we aren\u2019t saying that your CPA or accountant is doing anything wrong.\u00a0The accounting industry is one of the most honorable and respected fields around. That being said, there is a misconception that they are going to be proactive when advising clients about their taxes, and that\u2019s just not part of the training most have received.\u00a0Certainly some are, but the majority who know things about steps a business could take to perhaps be more aggressive on tax planning for the future, don\u2019t feel it\u2019s their responsibility to pursue a client in engaging in alternative accounting choices or behaviors. A good example is \u201cBob\u201d who owns a tire shop that has grown from two employees<\/p><\/div><\/li>
- <\/a><\/div>Timing Is an Important Part of Tax Planning<\/a><\/span>by TaxDoctor<\/a> on May 13, 2026 at 2:56 pm <\/small>
Have you ever seen a cat on the side of the road that waits until the very last second and then darts across the road in front of traffic? Ever see one that didn\u2019t make it and think, \u201cSome child is going to be very sad soon.\u201d? I always wonder what makes the cat wait until the last second, but then again that\u2019s what most taxpayers seem to do. They wait until February or March with a filing deadline looming and then dash out in front of a tax preparer and beg, \u201cIs there anything we can do to lower this?\u201d\u00a0 Like the cat, perhaps the preparer has an idea and they miss getting hit with the entire bill, but<\/p><\/div><\/li>
- <\/a><\/div>Why Do the Wealthy Pay Less Tax than Others?<\/a><\/span>by TaxDoctor<\/a> on May 6, 2026 at 2:04 pm <\/small>
Well, do they or don\u2019t they, actually? Long debated and often manipulated by the media, the topic of the wealthy and taxation has many, many complex points and counterpoints.\u00a0First, when people say that, they often don\u2019t define what kind of tax. The people hearing the comment usually go to federal personal income tax in their mind as TAXES. However, if a wealthy person owns 20 C corporations, with each filing their own tax returns, those C corporations pay their own taxes and unless the wealthy person needed to take a dividend or other distribution, then they could pay zero federal income tax, even though their companies paid potentially millions in taxes themselves. \u00a0 The kinds of taxes people pay depends<\/p><\/div><\/li>
- <\/a><\/div>The Tax Planning Void That Costs America a Lot!<\/a><\/span>by TaxDoctor<\/a> on April 29, 2026 at 4:50 pm <\/small>
Many people who do not deal in the tax preparation or planning business think of taxes as something to deal with one day per year. Like Christmas, only not as good. So perhaps more like \u201cGrinch Day.\u201d Nevertheless, it doesn\u2019t get a lot of attention after April. It drifts into the \u201cThank goodness that\u2019s over!\u201d mental space and goes away until the new year. It\u2019s different for self-employed small business owners, as tax related issues are dealt with more often, but it\u2019s still mechanical in nature. \u201cI\u2019ve got to go deposit payroll taxes today\u201d or \u201cI need to send in my 941 quarterly payment this week.\u201d But still, their thoughts are not focused on proactive activities, but more so on<\/p><\/div><\/li>
<\/a><\/div>If You Think Your CPA is Telling You Everything You Need to Know\u2026Think Again<\/a><\/span>First, let us make it clear that we aren\u2019t saying that your CPA or accountant is doing anything wrong.\u00a0The accounting industry is one of the most honorable and respected fields around. That being said, there is a misconception that they are going to be proactive when advising clients about their taxes, and that\u2019s just not part of the training most have received.\u00a0Certainly some are, but the majority who know things about steps a business could take to perhaps be more aggressive on tax planning for the future, don\u2019t feel it\u2019s their responsibility to pursue a client in engaging in alternative accounting choices or behaviors. A good example is \u201cBob\u201d who owns a tire shop that has grown from two employees<\/p><\/div><\/li>
<\/a><\/div>Timing Is an Important Part of Tax Planning<\/a><\/span>Have you ever seen a cat on the side of the road that waits until the very last second and then darts across the road in front of traffic? Ever see one that didn\u2019t make it and think, \u201cSome child is going to be very sad soon.\u201d? I always wonder what makes the cat wait until the last second, but then again that\u2019s what most taxpayers seem to do. They wait until February or March with a filing deadline looming and then dash out in front of a tax preparer and beg, \u201cIs there anything we can do to lower this?\u201d\u00a0 Like the cat, perhaps the preparer has an idea and they miss getting hit with the entire bill, but<\/p><\/div><\/li>
<\/a><\/div>Why Do the Wealthy Pay Less Tax than Others?<\/a><\/span>Well, do they or don\u2019t they, actually? Long debated and often manipulated by the media, the topic of the wealthy and taxation has many, many complex points and counterpoints.\u00a0First, when people say that, they often don\u2019t define what kind of tax. The people hearing the comment usually go to federal personal income tax in their mind as TAXES. However, if a wealthy person owns 20 C corporations, with each filing their own tax returns, those C corporations pay their own taxes and unless the wealthy person needed to take a dividend or other distribution, then they could pay zero federal income tax, even though their companies paid potentially millions in taxes themselves. \u00a0 The kinds of taxes people pay depends<\/p><\/div><\/li>
<\/a><\/div>The Tax Planning Void That Costs America a Lot!<\/a><\/span>Many people who do not deal in the tax preparation or planning business think of taxes as something to deal with one day per year. Like Christmas, only not as good. So perhaps more like \u201cGrinch Day.\u201d Nevertheless, it doesn\u2019t get a lot of attention after April. It drifts into the \u201cThank goodness that\u2019s over!\u201d mental space and goes away until the new year. It\u2019s different for self-employed small business owners, as tax related issues are dealt with more often, but it\u2019s still mechanical in nature. \u201cI\u2019ve got to go deposit payroll taxes today\u201d or \u201cI need to send in my 941 quarterly payment this week.\u201d But still, their thoughts are not focused on proactive activities, but more so on<\/p><\/div><\/li>