High Impact CPA

High Impact CPA Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from High Impact CPA, Tax preparation service, 1154 Fremont Avenue South, Salt Lake City, UT.

We help business owners build strong financial systems so they can boost profits and cash flow, keep more of what they earn, and take back their time so they can focus on what they enjoy.

05/15/2026

There once was a schemer named Blake,
Who filed returns faker than fake.
He hid piles of cash
While he twirled his mustache,
And called every fib a “mistake.”

He claimed his pet goat as staff,
Then deducted its chow by the half.
But the IRS replied,
With eyebrows held wide,
“That’s creative, but mostly a laugh.”

He listed his yacht as “supplies,”
His hot tub as “client surprise,”
His beach trip, “research,”
His blender, “outreach,”
And twelve fake consultants named “Guys.”

Then came the audit one day,
With questions thrown into the fray.
Blake sweated and smiled,
Then blamed “the file,”
But the file had conveniently run away.

So here is the lesson, my friend:
Tax fraud isn't a joke in the end.
You may dodge for a while,
With a spreadsheet and smile,
But the penalties always descend.

If you really want to save taxes,
rather than struggle and give money away,
Do the smart thing and give us a call,
your tax pros at High Impact CPA.

05/13/2026

After years in tax, you start to see the same costly mistakes.

Most do not start with bad intentions. They start with someone taking tax advice from a friend, family member, realtor, online post, or “tax expert” instead of checking what the law actually says.

A few things business owners should remember:

“R𝗶𝗰𝗵 𝗽𝗲𝗼𝗽𝗹𝗲 𝗱𝗼 𝗻𝗼𝘁 𝗽𝗮𝘆 𝘁𝗮𝘅𝗲𝘀” 𝗶𝘀 𝗺𝗶𝘀𝗹𝗲𝗮𝗱𝗶𝗻𝗴.

There are legitimate strategies, but they are not secret loopholes. Usually, higher-income taxpayers have better planning, cleaner records, and advisors involved before decisions are made.

𝗘𝘃𝗲𝗿𝘆𝗼𝗻𝗲 𝗵𝗮𝘀 𝗮 “t𝗮𝘅 𝗲𝘅𝗽𝗲𝗿𝘁” 𝗶𝗻 𝘁𝗵𝗲𝗶𝗿 𝗰𝗶𝗿𝗰𝗹𝗲.

If someone cannot explain the rule, the documentation needed, and the risks, be careful relying on their advice.

𝗬𝗼𝘂 𝗻𝗲𝗲𝗱 𝘁𝗼 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱 𝘁𝗵𝗲 𝗯𝗮𝘀𝗶𝗰𝘀.

You do not need to become a CPA, but you should know enough to ask good questions and recognize when something sounds too aggressive or too good to be true.

𝗦𝗶𝗺𝗽𝗹𝗲 𝗜𝗥𝗦 𝗶𝘀𝘀𝘂𝗲𝘀 𝗰𝗮𝗻 𝗴𝗲𝘁 𝗰𝗼𝗺𝗽𝗹𝗶𝗰𝗮𝘁𝗲𝗱 𝗳𝗮𝘀𝘁.

A small notice, missed filing, or documentation issue can turn into months of back-and-forth.

“G𝗿𝗲𝘆 𝗮𝗿𝗲𝗮” 𝗶𝘀 𝗻𝗼𝘁 𝗮 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆.

Many issues have already been addressed through tax law, IRS guidance, or court cases. Research matters.

𝗧𝗵𝗲 𝘁𝗮𝗸𝗲𝗮𝘄𝗮𝘆:

Be careful who you trust with tax advice. If they cannot explain the legal basis, they may be guessing with your money.

05/06/2026

Having a CPA is great!

But it does not automatically mean you are getting proactive tax guidance, strategic planning, or a thoughtful review of every deduction.

Here are a few signs your CPA relationship may not be serving you well:

🚩 They only show up at tax filing time.

Tax preparation reports what already happened. Tax planning helps shape the outcome before the year closes. The best opportunities are identified before December 31, not after.

🚩 They recommended an S Corp without clearly explaining the reason.

Entity structure should be based on your numbers, goals, payroll needs, compliance costs, and risk profile. “You should be an S Corp” is not enough. You should understand the actual tax benefit and the tradeoffs.

🚩 Their process still feels stuck in the past.

If you are buried in paper organizers, clunky back-and-forth emails, and last-minute document requests, that may be a sign you are not getting a modern client experience or timely support throughout the year.

🚩 They encourage aggressive write-offs without asking follow-up questions.

Deductions need business purpose, documentation, and context. If your CPA is not asking how an expense was used, why it was necessary, or whether records support it, that can create unnecessary risk.

The takeaway:

A strong tax advisor does more than prepare a return.

They ask better questions, explain your options, help you plan ahead, and keep you compliant while looking for legitimate ways to reduce taxes.

05/04/2026

Most business owners focus on revenue growth when thinking about an exit. Few realize that the quality of their financials can be just as important as the numbers themselves.

Strong internal controls, clean books, and consistent accounting practices reduce risk in the eyes of a buyer. Less risk often translates directly into a higher valuation multiple.

Think about it from an acquirer’s perspective. If your financials are disorganized, full of adjustments, or dependent on one person, they will discount the price. They have to. Uncertainty costs money.

On the other hand, when a buyer sees documented processes, reliable reporting, and tight controls, confidence goes up. Deals move faster. Multiples improve.

This is not just accounting hygiene. It is value creation.

If you are planning to sell in the next few years, start treating your back office like it is part of your growth strategy. Because it is.

04/30/2026

Systems come first!

We just saved a client an extra $21,000 in taxes just by fixing their accounting practices. Garbage data in = garbage data out.

When you focus on building the foundation first, everything else falls into place naturally. Profitability and cash flow become more clear, tax planning becomes easier, and you'll find you get to keep more of what you earn.

If you are sick of not having clarity over your business and always having a surprise tax bill that can't be explained, reach out to us. Having your bookkeeping, accounting, and tax planning done all in one place saves you time and money!

04/09/2026

We don't "grind" tax returns. That is a recipe for disaster. It is too easy for mistakes to be made. Even the best review processes can fail when someone is working 60+ hours per week trying to compete on volume.

We deliberately take our time during tax preparation. Why? So we can make sure we are getting you every dollar to which you are entitled. AND we can find those future planning opportunities that will help you keep more of what you earn. If you want an accounting firm that takes your info, plugs it into some software, hands you some paperwork and says see you next year, we probably aren't the best fit.

We are here to make an impact, not fill out forms.

03/26/2026

I heard a great piece of truth in a networking meeting this morning. He stated, and I'm paraphrashing, "your company culture doesn't show up on your P&L." And of course he's correct in the literal sense. There's not a line-item for company culture there. The key takeaway is much more important. If your culture sucks, you are going to have a serious problem as it relates to the long-term (and usually short-term) health of your business. No amount of financial strategy or cost cutting will save you.

When we come one as outsourced CFO's for our client, there is a reason we start by looking at your systems, processes, and controls first, and understanding how your culture fits in to all of that is key. You can't build a castle on a swamp (the 4th one might stay up).

But by the way... your P&L will indicate issues; lower income, higher staff costs, the signs are there. Look at your employee and customer turnover compared to industry averages, and you may see signs of some culture cracks. It is often the intangible that makes the biggest difference in your success.

Shout out to Allen Roberds at Intangible Ownership.

We are getting close to the individual tax deadline of April 15th. If you are still struggling trying to do your own tax...
03/24/2026

We are getting close to the individual tax deadline of April 15th. If you are still struggling trying to do your own taxes or feel like you can never get in touch with your tax professional, we want to talk to you.

At High Impact CPA, we focus on the client experience first! It is so frustrating to feel like you are just another number on a Firm's client list. Our goal is to not only do an amazing job helping you save and file taxes, but to make sure you leave with a smile on your face.

So if you are tired of having a sour taste in your mouth and want to be treated like a real person rather than a number at a deli counter, feel free to reach out anytime. I'll leave our link in the comments.

If you are a business owner making more than $150,000 in revenue there may be thousands of dollars in missed tax strateg...
03/10/2026

If you are a business owner making more than $150,000 in revenue there may be thousands of dollars in missed tax strategy, inefficiency, and financial blind spots sitting in your numbers right now... and if no one has taken a strategic look, there’s a good chance money is being left on the table. Your tax return and accounting file aren’t just compliance documents. They’re a roadmap that can reveal missed opportunities, unnecessary friction, and smarter ways to operate.

Our one-time Financial Impact Analysis is designed to uncover exactly that. We review your prior-year tax return and current-year accounting file to identify tax savings, time-saving improvements, and high-impact recommendations that can strengthen the way your business runs. It’s a strategic review for owners who want clarity, not guesswork.

The cost is $650, completely backed by a money-back guarantee. If we can't find you $650 in savings, we'll refund your investment. And if we’re a fit to keep working together, we’ll apply that full amount toward ongoing services. So the question isn’t whether there’s opportunity in your numbers... it’s whether you’re ready to uncover it.

03/05/2026

I’ve heard the chatter, so let’s clear something up for my clients.

Apparently, I’ve made running your finances look suspiciously… controlled.

You’re not guessing anymore. You know where the money’s going. You know what you can spend, what you can reinvest, and what you can pay yourself without crossing your fingers.

Yeah. That kind of calm is new for a lot of people.

Folks keep asking what changed. Here’s what changed:
You stopped reacting and started operating!

We put structure and systems under the business:

Clean books you can trust. A cash plan that doesn’t lie. A forecast that gives you options. And a tax strategy that’s working all year long.

I didn’t step in just to “clean things up” or hunt for a few write-offs.

I came to build the financial backbone that makes everything else easier.

Now you’re making decisions faster, sleeping better, and building the business of your dreams.

03/01/2026

3 Tax Tips for Business Owners 💸
Pay yourself the smart way
If you are an S corp (or thinking about becoming one), the way you pay yourself matters. Dial in a reasonable salary, then take additional profit as distributions when appropriate. Done right, this can reduce self-employment style taxes while keeping you compliant.

Turn big purchases into big deductions.

If you are planning equipment, vehicles, software, or office upgrades, timing is everything. A well-timed purchase can unlock accelerated depreciation options and potentially create a much better tax result than waiting until next year. Bonus tip: keep clean documentation on business use, especially for anything that could be considered mixed use.

Treat your books like a tax tool, not just paperwork

The easiest way to overpay taxes is messy bookkeeping. Clean categories plus monthly reviews can surface deductions you are missing, help you forecast your tax bill before it hurts, and make estimated payments way less stressful. If your P&L is not accurate, your tax plan is basically guessing.

Address

1154 Fremont Avenue South
Salt Lake City, UT
84104

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm
Saturday 9am - 12pm

Telephone

+14356690718

Website

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