An accountant does more than file your taxes for you. Finding the right accountant can help guide your business through changing tax laws and regulations to grow your bottom line. As a business owner, every move you make affects your taxes and what you will owe the government. Having an accountant on your side can help you balance your books and give you advice on sales, expenses, and planning for the future. Here are a few tips for finding the right accountant for your business.
Ask for Referrals
If you know other small business owners, you can ask them for recommendations for accountants in your area. Referrals are often the best and easiest way to find a reliable accountant. By asking colleagues, family, and other business owners, you receive a lot of valuable information. These recommendations give you tips such as who to hire, who not to hire and what pricing models look like. If you have a financial advisor, you might even consider asking them. They already know your financial situation and tax needs, so they can point you in the right direction.
Look for Experience
Hiring an experienced accountant is a good start but consider looking for one with years of experience in your particular industry. An accountant who knows the ins and outs of your field is well equipped to provide you with essential guidance, customer referrals, and even professional contacts.
Consider Your Business Needs
Before hiring an accountant, you should consider your business needs and what aspects you need help in. Do you need a full-time bookkeeper or an accountant to review the bookkeeping on a monthly or quarterly basis? Are you just looking for a tax preparer or someone who can also prepare and issue financial statements? Does your business need financial consultation, or are you looking to sell your company? Your answers to these questions will help you find the right accountant or financial advisor for you.
Meet Your Accountant in Person
Trust is a major element in a business owner/accountant relationship. So, it is a good idea to meet with prospective accountants in person. You should use this time to ask a few questions to get a feel for their style and personality. The accountant must understand your taxes and your financial situation to ensure that they can handle your unique needs. It’s also imperative to see if you get along with one another, especially since you will be taking advice from them.
Contact Bowman & Company Today
Bowman & Company CPA, PC provides all of our individual and small business customers with experienced, accurate, and affordable financial services. Our financial services aim at decreasing your taxes and increasing your net worth through responsible, timely, and accurate recordkeeping. We offer our services to clients throughout the Washington, D.C. metropolitan area including Maryland and Baltimore County, Columbia, and Howard County. For more information on our offerings, contact us online or call us at (410) 381-8121. You can also find us on Twitter, Linkedin, Facebook, and Youtube.