Hiring a CPA Firm
The reasons to hire a CPA firm differ from business to business. Maybe your accounting software isn't providing the type of data you need to grow your business. Maybe you need to switch from cash to accrual accounting. Maybe your financial statements aren't making sense. These are all good reasons to look for a Certified Public Accountant (CPA). If you're a small business owner and find yourself sitting in front of QuickBooks wondering where to begin, that's a also good indication that it's time to find a CPA.
Many startups who launch their own businesses start out by doing their own taxes, in addition to doing just about everything else in the business. It has become easier for an entrepreneur to keep track of a business finance with the advent of simple bookkeeping software, such as QuickBooks, Xero, and LessAccounting. But there comes a time in a growing enterprise when it makes sense to hand over responsibilities for taxes, accounting, and the remainder of the financial functions to specialists.
The right accountant can help a business with not only tax returns, but with longer term tax planning, business planning, networking, and even personal tax planning.
CPA firms are usually experts in the following functions:
- Tax return preparation
- Preparing financial statements, including the balance sheet, income statement, and statement of cash
- Analysis or problem-solving advice in regards to critical business decisions
There are plenty of reasons to hire a CPA firm. If you feel you might benefit from our services, feel free to contact us and we'll be happy to discuss.