Asheville Total Tax Solutions, Inc. (or its predecessor) was established in 1978. We primarily serve the Asheville, Mars Hill, Hendersonville, Brevard, Waynesville, and Burnsville areas of North Carolina.
Michael C. Creasman, EA
A native of Buncombe County, Mike grew up in French Broad Township, graduated from Erwin High School, and enlisted in the U.S. Army Infantry. He served as a Sergeant E-5 infantry fire team leader for the final eight months of his three-year enlistment.
Returning home, Mike attended Asheville-Biltmore College (now UNC-A) for two years. Having grown up on a farm, his interest naturally drifted toward conservation, and he set his sights on becoming a forest ranger. But he looked at a friend’s accounting book one day and became fascinated by algebraic equations. The simplicity of it made so much sense that he knew he could do it-and make a living at it. But there was no accounting program in Asheville at the time.
He relocated to Florida, attending Jacksonville University at night and working part-time as an accountant for a publicly traded corporation. He then became a staff accountant with a local CPA firm.
In 1977, he returned to Buncombe County and established an accounting and income tax planning/preparation practice. He soon found that his clients were not as interested in reviewing what they’d done as they were in exploring where they would like to be in the future. He then shifted his focus to helping clients take steps to secure their financial futures.
Mike enrolled in the College for Financial Planning in 1982 to become a Certified Financial Planner™, and earned his CFP® designation in 1984. Following his certification, Mike transformed his practice to include financial planning services. He retained his income tax practice because he saw that tax implications were an integral part of the planning process and a potential problem for some clients’ portfolios.
“This is such an intimate relationship,” Mike says of comprehensive financial planning. “We talk about dreams and aspirations for themselves and their children and grandchildren. We need to get this as right as we possibly can.” Mike took additional courses offered by the College for Financial Planning, and completed the six-part Accredited Tax Advisor and the four-part Retirement Planning programs. He also earned certificates as a Chartered Mutual Fund Counselor, Accredited Asset Management Specialist, and Chartered Retirement Plans Specialist. However, Mike allowed his CFP® certificate to expire as of June 30, 2014. Mike effectively retired from providing financial planning and wealth management services. Thus, Mike is free to expand the scope of his Tax services to include much more than tax planning and tax preparation. Mike is a federally authorized tax practitioner and Enrolled Agent (EA), which means he can represent clients at every administrative level before the Internal Revenue Service. To better understand the court system when represent clients, in 2009 Mike completed the 14-week Certificate of Paralegal Studies through Boston University. Now with 39 years of experience in all areas of income, gift, and estate tax issues. Mike is the person that other tax professionals go to with questions. Mike lives with his wife, Revonda, in Leicester, N.C.