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The fourth and most important step to finding the perfect accountant is knowing what to look for. Another thing to be aware of is that accountants can specialize in certain areas. You can also ask an accountant to provide proof of their license and credentials. An excellent question, and an important distinction to recognize before beginning your search for an accountant. There are a number of places you can find a good accountant for your small business. Get the right financial help for your business, right when you need it.
- Ask if you can meet with a CPA, an EA, or a senior tax preparer if you decide to use one of these services.
- For instance, we recommend having a CPA prepare your income taxes.
- Other responsibilities include record keeping and planning for tax purposes and maximizing business tax returns.
- Payroll services also are available from 1-800Accountant for getting your employees paid, withholding taxes, and taking care of your payroll taxes.
- While you may decide to hire an in-house accountant or bookkeeper, it’s common to have an external CPA prepare your tax return.
You’re looking to speak to at least three different companies or individuals.Because of the nature of this relationship, you should invest time into finding the right person. So, depending on your preference, arrange a video interview or a face-to-face meeting with any potential candidates. Don’t be afraid to ask about specific strategies the advisor has used. You want the advisor to respond with answers like “we educated the client on which costs were deductible” or “we restructured this client’s business to take advantage of lower tax rates,” etc.
Communicating With Your Small Business Accountant
Less contact often means less costs, but can make it difficult to ask questions or spot issues. The right accountant will have more than just prestige – it’s important they understand small business needs, and are able to offer relevant insight. You https://www.bookstime.com/ want an accountant that will be engaged with your business. You will get more value from an accountant who is involved with your company. Find out if you will work directly with the accountant or if they have employees who will handle your books.
For just $129 a month, clients receive a dedicated accountant and a detailed monthly reports. They also have the ability to create and send invoices and prepare financial reports. A dedicated bookkeeper https://www.bookstime.com/articles/how-to-find-an-accountant-for-small-business sets up your account and connects your bank and credit accounts for synchronized transaction reporting. The software used by 1-800Accountant integrates with many of the top accounting software packages.
Interviewing Tax Accountants
This is a chance to use your connections from community organizations like Rotary clubs or the Chamber of Commerce. You may even be able to find a worthwhile referral for a new accountant through your bank, realtor, or loan officer. Our small business tax Endorsed Local Providers (ELPs) are all either CPAs or Enrolled Agents who live in your community and love serving their customers. Danielle is a writer for the Finance division of Fit Small Business. She has owned a bookkeeping and payroll service that specializes in small business, for over twenty years. The question you might ask instead is more like which accountant is right for my business?