Why a CPA 1
One of the most important parts of a business is the finance department. If your clients keep making big mistakes when filing tax returns, it will not matter how unique their products are or how qualified their employees are. It will be in trouble.
A good CPA brings years of experience to a business and frees up the company's time, allowing them to focus on other things. Here are some selling points you can use to sell your services:
Is there a difference between an accountant and a certified public accountant?
Not every accountant is a certified public accountant. Being a CPA means you're a licensed accountant and you must pass a specific exam.
The other requirements to be a CPA vary depending on your state. Aside from the exam, applicants might need to have a Bachelor’s degree as well as two years of accounting experience.
Because a CPA has been pre-screened, you likely have the necessary training and experience to handle a company's finances. Moreover, you're certified to perform more complicated tasks and responsibilities, including tax audits.
What does a CPA do?
Determining whether a company needs a CPA is quite easy. Here are some things to consider:
Costs
Obviously, cost is the principal factor in hiring an accountant. To estimate the figure, prospective clients must consider the number of services they need, and then ask for quotations from different accountants. Things like a monthly retainer should be considered. Another cost is equipment.
Taxes
When it's tax season, a CPA is there to help. Although a small businesses can do it themselves, business taxes tend to become complex. Moreover, figuring out the expenses that are tax deductible is not easy without a professional’s help.
Setting up your business
As a CPA, you can help an entrepreneur choose the right legal structure, be it a partnership or sole proprietorship. Remember, once they choose one, it will be hard to change, so you have to help them select the right one from the start. The difference between all these legal structures can be confusing.
CPAs also can help choose the best health insurance coverage – an item that is important when it comes to preparing budgets.
Why CPA 2
Advising through downturns
Accounting professionals also provide a key point of view in making long-term decisions. If you are familiar with the specific industry, you can even help a company navigate economic downturns and recessions.
Are you looking for La Mirada CPA? You need to ask your family and friends who have dealt with accountants before for references. This way, you will hire a person who has a great record of accomplishment.
Being a trusted advisor means that your services will be valued for their business – and in the circle of their family and friends. Are you looking for
Kevin Bennett is an SEO marketeer with OutreachMama and Youth Noise who designs value-rich content aimed at increasing clientele for expanding businesses. Networking, building partnerships, and providing quality products with shareable value make this possible. He's an author ("Amphibian" and "The Thief and the Sacrifice" to his credit) whose professional writing follows business trends in technology, marketing, SEO application, and much more.