Do I Need a CPA or a Tax Preparer? Choosing the Right Tax Help in Terre Haute
- Jamie Leal
- Jul 3, 2025
- 3 min read
When tax season rolls around, one of the most common questions individuals and business owners in the Wabash Valley face is: Should I hire a CPA or a tax preparer? While both professionals can assist with filing your taxes, the level of service, expertise, and long-term value you receive can vary significantly.
At McCullough & Company Inc., we’ve helped families, entrepreneurs, and veterans throughout Terre Haute and the surrounding areas make informed choices about their financial future. Here’s a helpful guide to choosing the right tax professional for your needs.
Understanding the Difference: CPA vs. Tax Preparer
Tax Preparer
A tax preparer is generally someone trained to complete tax forms.
This may include:
Seasonal workers hired during tax season
Storefront tax franchises like Jackson Hewitt or H&R Block
Individuals without CPA or EA credentials
While tax preparers can handle basic returns, they may not offer year-round support, advanced planning strategies, or in-depth representation if the IRS comes calling.
Certified Public Accountant (CPA)
A CPA, on the other hand, is a licensed financial professional who has passed the rigorous Uniform CPA Exam and maintains continuing education requirements.
CPAs are legally authorized to:
Prepare and file taxes
Represent you in front of the IRS
Provide advanced tax planning, business consulting, and financial analysis
At McCullough & Company Inc., our CPAs go far beyond filing. We offer strategic guidance, long-term tax planning, and personalized support for individuals, nonprofits, trusts, and businesses alike.
When Should You Choose a CPA?
You should consider hiring a CPA in the following situations:
You own a business or are self-employed
You have rental income or multiple income streams
You're facing an IRS audit or need representation
You want year-round access to tax and financial guidance
You need help with QuickBooks, payroll, or bookkeeping
CPAs, like those at McCullough & Company, provide the kind of insight and security that seasonal preparers simply can't match.
Local Expertise Matters
Not all financial situations are the same—and not all tax advice is created equal. Choosing a local, experienced CPA firm in Terre Haute means you're working with professionals who understand Indiana tax laws, small business needs, and local economic conditions.
Our firm is proud to be veteran-owned, trusted by families, and dedicated to helping Wabash Valley residents keep more of what they earn—ethically and efficiently.
What About Cost?
Many people assume a CPA is more expensive than a tax preparer, but this isn’t always the case—especially when considering the value, accuracy, and potential long-term savings. A missed deduction, IRS penalty, or improperly filed return can easily outweigh the upfront savings of using an unlicensed preparer.
We’re transparent about pricing and never require long-term contracts. Our services are designed to grow with your needs.
Final Thoughts: Choosing the Right Partner
Tax preparation is more than a transaction—it’s a relationship built on trust, accuracy, and insight. If you're looking for a professional who can help you make smart decisions year after year, a CPA is a wise investment.
At McCullough & Company Inc., we offer:
✅ Tax planning and preparation for individuals and businesses
✅ Bookkeeping and payroll services
✅ IRS audit assistance and resolution
✅ QuickBooks support and small business consulting
✅ Personalized attention and confidentiality you can count on
Ready to Choose the Right Tax Help?
Call us today at (812) 232‑3300 or visit www.mcculloughandcompany.com to schedule a consultation with one of our trusted advisors.
We’re proud to serve Terre Haute, Wabash Valley, and beyond with professional, friendly, and experienced service.
Sources:
IRS.gov – Choosing a Tax Service
ProfessionalAICPA.org – What Is a CPA?
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