Traditionally, tax professionals are someone you visit once a year.  They go through your receipts, calculate your income, enter deductions and you either get a check from the government or you end up sending one to them.  A Certified Tax Coach takes a different approach to the process that involves proactive planning all year round, giving you access to more deductions and tax credits and helps you find legal loopholes that reduce your tax base, leaving more money in your profit.  

What is a Certified Tax Coach?

A Certified Tax Coach (CTC)  is a professional who has advanced training and years of experience in the tax preparation field.  Members of this designation include certified public accountants, attorneys, and financial planners.  To become certified, they must attend a three-day training academy through the American Institute of Certified Tax Coaches (AICTC) and complete an additional 24 hours each year of continuing education in proactive tax planning.  The AICTC is an independent not-for-profit corporation that also offers ongoing education, as well as an advanced network of fellow tax professionals who can offer insight into creative tax strategies. They also operate by a strict code of ethics, so you can rest assured that your finances are in safe hands.  

Why Do I Need a Certified Tax Coach?

There are many differences between a Certified Tax Coach and a regular tax professional.   

  • A CTC specializes in finding deductions, credits, loopholes, and strategies to help clients pay less tax.  
  • They help you plan proactively all year long and equip you with a long-term strategy instead of simply reviewing your finances, filling out your tax forms and filing them with the IRS.  
  • They are available to you year round and can provide you with on-call coaching and answers to your financial questions.  

If you are a business or real estate owner or manage your own investments, having a certified tax coach would be a prudent investment. You are probably missing many tax breaks and deductions by going it alone.   It may cost more up front, but the saving you will see from utilizing these services will present themselves and continue to grow as you build a highly efficient tax portfolio. It is also their goal to make sure you receive the best service possible, make you happy and save you money.  According to one CPA who holds the certified tax coach designation, he says that on average, he saves his clients $15,000 per year by utilizing these strategies. That is a whole lot of happy!

A Certified Tax coach is a highly trained individual who can greatly improve your financial situation and save you from unnecessary tax payments.  This will allow you to focus more on earning money…and keeping more of it in your pockets! Williamson Advisors has the expertise that is needed to help you minimize your tax liability with careful planning.  Nancy Williamson is one of only 500 tax professionals who has the Certified Tax Coach designation. If you own a business, need help with individual taxes and more, contact Williamson Advisors today to learn all about our tax planning strategies.