In this classic post I explain what “all those letters mean” including CPA. Many people use CPA as a generic term for accountant, bookkeeper, and tax professional. Let me assure you CPA is not a generic catch all and the CPA credential involves some heavy lifting to get and to maintain. This post from Powerful Accounting does a great job of explaining the difference between a bookkeeper and a CPA. You don’t always need a CPA, but sometimes you want one. And not all CPAs love doing tax returns, especially individual 1040s the way other #taxpros do. Just like I don’t groove on accounting and financial analysis the way a good CPA does (or even a good bookkeeper). Here at Tax Therapy we can help you with your tax return preparation, tax controversy issues, and tax planning. But if you need help with your day-to-day bookkeeping or in-depth analysis of your financials and cash flow we are happy to refer you to a specialist that will meet your needs!