What Other CPAs are Missing

In this episode we show you why we do and how it gives you the advantage. Along the way we talk about a $3 million savings killed by the other side's accountants, a nursery depreciation question nobody had asked before, and a Florida eye surgeon who won an audit three levels of IRS "no" deep.

Chapters
[00:00] Housekeeping: partnership and S corp filings are due in about six weeks
[00:45] "I never knew you could do that": the sentence new clients always say
[01:30] Why most CPAs stay in the safe box, and why that's a choice about risk
[02:00] The rule that proves the tax code is gray
[02:45] Where the profession lost its advocacy for clients
[03:15] You can't live in the gray area without knowing your client's business
[04:30] Discovery calls: the free service every Revo prep client gets
[05:30] 110 years of conditioning since the 16th Amendment
[06:15] When a position is only 55% likely and the client says no anyway
[07:15] The revenue model problem: ten fast returns versus one good one
[08:20] "It's partly the taxpayer's fault": $500 versus $5,000
[09:50] What a strategist should actually save you for what you pay
[10:30] Kevin's 15 to 20 returns a week, five client meetings a day
[12:30] Seventeen returns across ten professionals: the 10x difference
[13:30] Where AI actually helps: data mining, not preparing returns
[14:20] The $3 million deal killed by the seller's CPAs
[17:20] Big-firm fiefdoms and why the in-house experts go unused
[18:40] The nursery depreciation question nobody had researched
[21:00] CPA PTSD: burned once, never going back
[21:50] Two leased vehicles, a golf cart, and an audit we won at appeals
[25:00] What's actually printed in an IRS audit technique guide
[26:30] Closing thoughts
[27:00] Revo is hiring advisors who want to add value