0:02
majority of CPAs don’t even know what
0:05
the what the rule actually is. If they
0:07
do know what the rule is, they’d
0:09
actually don’t know the intricacies of
0:11
it, even as a fairly simple rule because
0:13
it’s it’s it does take some studying.
0:15
And then if they know how to apply it
0:18
fairly well, it’s still left up to their
0:21
client to do all the work.
0:23
Yeah.
0:23
And to do all the work with ambiguity.
0:26
And so and that was the situation I
0:27
found myself in even after learning it
0:29
from from you because I I engaged you as
0:33
a you know a tax consultant and so you
0:35
gave me a number of different strategies
0:37
and then I had to sit there and and
0:39
scratch my head for a little bit because
0:40
it’s not my expertise and it’s not any
0:42
of the entrepreneurs expertise and
0:43
that’s a steep learning curve even for
0:45
something you know fairly simple. So, I
0:47
had to understand it well enough to be
0:48
able to teach it to a team member of
0:50
mine. And so, our office manager now
0:52
runs it, sends me an email and says,
0:54
“Hey, was this an event? I saw this on
0:56
your calendar. Does this qualify? Yes or
0:58
no? Here’s why. Here’s the details.”
1:00
Fills it out, you know, processes it.
1:01
So, it’s a manual process that we’ve
1:03
Okay. Most entrepreneurs would never do
1:05
that.
1:05
Yeah.
1:05
And so, so there’s a market. There’s
1:09
room for someone who’s willing to
1:10
systematize that,
1:12
which by the way, hint, is what we’re
1:14
looking to do.