Joel Sandoval is a CPA and entrepreneur. As Founder and CEO of Sandoval Tax CPAs, he shared that one of the main goals of his company is to help businesses save more money on taxes. According to him, it is possible, with a concrete plan and strategy, for a business owner to save between $10,000 and $300,000 in taxes, as long as you have the right group of people who can deliver the right strategy tailored to your needs. He also went on to emphasize the hard truth that not all CPAs know what they need to do or simply just don’t have time to do so.
Having been exposed to this type of industry for so long, not to mention having parents who were both real estate agents, Joel thought of a better career that would match his skills and personality. He learned his passion for numbers, which earned him high GPA scores and multiple job offers from CPA firms. He shared that after reading great books on entrepreneurship, he realized he could do so much more and potentially earn. He admitted that while it's expensive to invest in coaches and mentors, it will help get you on the right track.
Additionally, Joel pointed out that one of the biggest problems in the industry is that there aren't too many CPAs who are willing to spend more time providing the right advice to their clients. He and his team of CPAs will reverse this approach by offering a personalized tax plan that guarantees clients save at least $10,000 in tax dollars. He also added that they don't work as tax preparers, but rather as advisers — someone who can provide the right tax strategies that not all CPAs could. He was confident to say that many business owners these days have already switched from hiring accountants to CPAs to do tax strategy.
Asked about price, Joel pointed out that they don't compete on price, but rather on value. He said the price they will charge their customers is relevant.
Key Points from the Episode:
About Joel Salvador
Not only is he a successful CPA, but Joel Sandoval is a tax mastermind who has helped many business owners save around $37 million in taxes each year. With its CPA team, they strive to help business owners maximize their profits by reducing their taxes. Having been greatly influenced by the teachings of his mentors and coaches, he was inspired to create Tax Savers Academy, a course to help business owners who want to apply the same strategies the company applies with their clients. Whether you are a small business or not, the course can help you better manage your internal accounting with some tips.
About Sandoval Tax CPAs
Located in Bakersfield, California, Sandoval Tax CPAs offers professional bookkeeping and tax preparation services for various types of businesses. They also help businesses achieve their goals by helping them understand the numbers, manage them effectively, and reduce stress. They believe that in order to do more than just prepare clients' taxes, they require everyone to enroll in continuing education courses in taxation and accounting provided by the State of California. The better the accounting services, the more time you can devote to income-generating activities.
“6:06: To be 100% transparent and honest, I knew nothing about business, so I had to invest in coaches and mentors that knew about business.”
“6:47: The solution for me anyway is to invest into coaches and mentors who were who I wanted to be.”
Links Mentioned in this Episode:
Want to learn more? Check out the Sandoval Tax CPAs website at www.sandovaltax.com
Check out the Sandoval Tax CPAs on LinkedIn at https://www.linkedin.com/company/sandoval-tax/
Check out Joel Sandoval on LinkedIn at https://www.linkedin.com/in/joelsandovalprofitlab/
Check out Joel Sandoval on Instagram at https://instagram.com/joelsandovalcpa
Check out the Sandoval Tax CPAs on Facebook at https://www.facebook.com/SandovalTax/
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