About this episode

Kevin Thompson discusses the importance of understanding tax preparers and the risks associated with tax preparation.

In this episode of Facts Over Feelings , Kevin Thompson, Enrolled Agent, breaks down the real differences between tax preparers—CPAs, Enrolled Agents, and PTIN holders—and why it matters who’s handling your return. He draws a clear line between tax preparation and tax planning, calling out the risk of cheap services that offer no real strategy. Kevin shares what he’s seeing firsthand—basis errors, unsubstantiated credits, and poorly structured “businesses” that can trigger IRS issues. The message is simple: ask better questions, understand who you’re working with, and make sure your preparer can stand with you if something goes wrong. Because when it comes to taxes, accuracy matters more than convenience. Types of Tax Preparers (00:01:10) Responsibility & Risk (00:04:13) Common Tax Return Errors (00:05:21) Recordkeeping & IRS Scrutiny (00:07:27) Red Flags in Tax Preparation (00:09:37) Final Advice & Conclusion (00:12:43) NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-page Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: / mlb2cfp Buy MLB2CFP Here…

People in this episode

Host: Kevin Thompson

Topics covered

• tax preparation
• tax planning
• tax errors
• IRS issues
• tax preparers
• recordkeeping

Keywords

• tax return
• tax preparers
• CPAs
• Enrolled Agents
• tax planning
• IRS scrutiny
• recordkeeping
• tax errors

Mentioned in this episode

Organizations: IRS, SwoleNerdProductions, 9icapitalgroup

Products: MLB2CFP

More episodes of The 9Innings Podcast

• 🎙️ FoF: The 1099 Reality Check: What They Don’t Tell You · April 14, 2026 · 13 min
• Econ 101: 🔥 Oil Prices Are a Hidden Tax on Retirees · April 7, 2026 · 9 min
• 🔥 Texas Two-Step: Don't Lose your Homestead Exemption · March 31, 2026 · 14 min
• 🔥FoF 1099 Madness: The Tax Season Surprises No One Is Talking About · March 24, 2026 · 8 min
• 🔥 Why A Bigger Tax Refund Isn’t Really a Tax Cut · March 17, 2026 · 14 min
• 📊 $39 Trillion and Counting: Debt, Inflation, and the MMT Debate · March 10, 2026 · 49 min

Explore listener stats, chart rankings, contacts and more on the The 9Innings Podcast podcast page.