Pro-active accountant

What do you mean pro-active?

All post are IMHO.

Good Post Groova!

My family have been searching for just such a person! Having lived in Europe for 10 years and having experienced the accountants over there – they are all proactive!

My understanding of a pro-active accountant is one that not only gets your receipts and looks back over the year claiming what-ever they can for you, but also looks at your file every month/quarter/6 months and then tells you that you need to spend more money on improvements/maintenance/investments/etc or you will incurr more Tax. Conversely, if you are spending too much to also tell you that! This will then allow you to run your investments as a business (I have heared it called Management accounting – looking forward to plan the next step). Of corse, a lot of forumites here will come back and say it is up to themselves to make sure they are on track (and they’d be correct), but for some of us that aren’t as mathematically savvy, such an accountant would be of imense value!
Having said all that, thru the process of self education (by reading Steve’s book and others) and working thru the example they have given, I have been able to not only figure out where we are at, where we have been and we are now working on getting to where we want to go! We have established a BBBUDGETTTTT, ugly word………but it works!

Good point Yack, this kind of pro-activity (pushing you one way or the other) can be dangerous! We need to be in controll of our destiny.

Cheers

C@34