Seven foundational concepts of professional tax practice

Seven foundational concepts of professional tax practice:

  1. The benefit must be greater than the cost.
  2. We don’t correct an error with another error.
  3. We primarily ask questions, not cite authority.
  4. We address the future first, then deal with the past.
  5. We educate, advise, coach, and document.
  6. We do not make client management decisions.
  7. Fear of liability does not prevent us from doing the right thing.