Why CPAs are expensive, Part I

You get what you pay for. We’ve all heard that expression thousands of times. And it is true – to do anything properly takes more time and more skill. Unfortunately for the consumer, this usually results in more expense.

Take for example, California’s latest attempt to get more more tax revenue out its residents – new guidance on property tax deductions. You thought that you could just add up the two amounts you pay each year and take it as a deduction? Think again. Here is a link to the FTB’s new guidance on deducting your property taxes. Enjoy!

https://www.ftb.ca.gov/individuals/Real_Estate_Tax_Deduction/index.shtml