Being a small business owner means you wear a lot of hats. You may have never thought you’d have to handle many things about the business, but you do. And one of those things often is the small business accounting. However, the truth is that you should probably outsource this particular task to accounting services. Making sure that your books are organized and accessible is extremely important.
For this reason, having a business accountant truly is the right choice. But how do you find the right small business accounting services? Read on for some tips.
Get Some Referrals
The best place to start is suggestions from people you trust, be they family, friends, or business associates. You may be surprised by how many people you know who have connections that can help you. If you don’t find any useful referrals there, broaden your net to the small business community in your area, and community organizations.
Once you have a list of possibilities, examine their credentials. Make sure that they have a PTIN (Preparer tax identification number), which the IRS requires for anyone who gets paid to file taxes. They should also be certified and should have membership in some or all related professional organizations (like the National Association of Tax Professionals). You should also check that they are in good standing with those professional organizations.
Match Services To Needs
Next, make sure that the services they provide actually meet your needs. Like many other industries, accountants specialize, so you need to make sure they can handle the work you need done. Ideally, the accountant you choose should also be knowledgeable about your industry, especially if you want them to be a year-round advisor and not just a tax preparer.
Finally, don’t overlook the value of meeting them in person before you decide. Even if you’re not going to be sharing a workspace, it is important to have a professional who you can trust. This person is going to be more than just the person who submits your taxes or itemizes your expenses – they could be a valuable advisor as you make important decisions for your business. You need to feel comfortable with them, you need to be able to trust them, and you need to know that you can be honest with them.
Contact Bowman & Company for Your Small Business Retirement Plans 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 proper 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.