This morning I was in a very thought provoking meeting. One of the questions I was asked was why I did taxes. My immediate answer was “I love taxes.” There was no hesitation or pause before answering. It was a gut reaction that came out before I even had a chance to analyze or process it. (And if you know me, you know that I analyze everything.) The question got me thinking about how important it is to love what you do. If you love it, you put everything you have into it. For example, someone who is not passionate about taxes will do as little as possible to check all the boxes and get the tax return off their desk. Someone who is passionate about it, like I am, will take the time to analyze the tax return and see what they can do to reduce the balance due or increase the refund. I think of it like a puzzle. If I put a piece here it might save a little bit of money this year, but if I put that puzzle piece over there it could save the client a lot more money in the long run.
The puzzle analogy is one of the reasons that I really enjoy doing business tax returns, especially forms 1120S and 1065. Every single expense and revenue item on that return is going to have a direct effect on the personal tax return, the 1040, of the business owner. The puzzle gets more complicated when you have more pieces, but I love the challenge. I take the time to get to know each of my clients individually and am very vested in saving them as much money as possible. Every tax return that I prepare gets that individual attention because I love what I do. I’ve said it before, and I’ll say it again, I love taxes!