Do you need to be a CPA to do taxes? No, someone does not need to be a CPA to prepare tax returns. Anyone can prepare their own tax return. To be allowed to prepare returns for others, the IRS requires that the person be registered annually, receive a PTIN (Preparer Tax Identification Number), and […]
Monthly Archives: February 2022
Yesterday a package arrived at our office from the Utah Jazz organization. Inside the package was an official NBA jersey celebrating our achievement of making the Inc. 5000 list last September. Of the 5000 fastest growing companies in the US, Inc Magazine ranked Valentine CPA number 2,327. The Inc 5000 is an annual list of […]
Is a CPA better than an accountant? Is a CPA better than an accountant? In a word, yes. A CPA is an accountant who meets certain licensing qualifications, whereas an accountant is unlicensed. A CPA has a broad knowledge-base in financial accounting, business law, auditing standards, and ethics achieved through an advanced college degree (usually a […]