When Should You Hire a CPA?

WHEN SHOULD YOU HIRE A CPA ? 41 € # 1 When Your Business is Starting Off Accountants can assist a small business at different stages of growth . To get your business off to a good financial start you need to consult a CPA . Your accounting and tax reporting responsibilities will be determined by how you register and run your business for the rest of your career . # 2 When Filing Taxes or Being Audited CPAS handle both personal and business taxes , and they are skilled at navigating tax season , reducing your responsibilities , and protecting your company in the event of an error or tax audit . Also , it is best to hire an accountant before an audit happens , especially if you can find one who would provide audit insurance . # 3 When You Apply for a Loan , Grant , or Other Funding There's a lot of online apps available where you can book a driver any time of the day . They offer both the convenience and the accessibility especially during rush hours . # 4 When You Require Assistance with Financial Planning and Analysis This is especially true if you work with a CPA who has experience in your field or industry . You can involve them in any financial decision or goal , such as buying property , merging with a rival business , or cutting operating expenses . # 5 When You Need to Save Time If daily duties like tracking expenses , verifying transactions , data entry , or processing receipts are taking up your time , a bookkeeper could be the right fit for the job . However , if you require a front - line professional to analyze your company's operations , trends , costs , and revenue on a regular basis , it may be time to hire a CPA . STRESS OFF YOUR SHOULDERS ! CALL US NOW ! 1 ( 323 ) 412-7023 1 ( 323 ) 248-8807 1 ( 888 ) 320-3688 1 ( 323 ) 268-8514 Fax thebookkeepersrus.com Direct Line Office International