Does Every CPA know a lot about taxes?
NO! In fact, there are almost no questions about taxes on the CPA exam. The “CPA” designation tells you absolutely nothing about an accountant’s tax knowledge. Right now, there is no special certification to indicate that a CPA is a tax specialist. Tax is a specialty that some of us choose to pursue; many don’t. When choosing a tax professional, you should look for a CPA who specializes in taxes, or an EA, Enrolled Agent, who may or may not be an accountant, but who has special certification from the IRS. Don’t let “just anybody” handle this for you.
