Tax season is coming up and one way that business owners can save time and energy is by investing in a Certified Public Accountant, also known as a CPA. CPA’s are financial advisors that work to help individual people or businesses to reach their financial goals. CPA’s must pass the Uniform CPA Exam that tests tax law as well as accounting practices. Additionally, they must have a state license that has ethical requirements, so they can have the experience for handling business taxes. If you regularly wonder how to find a CPA for taxes, these are the best tips every business owner should use.
Ensure that Your CPA Specializes in Business Taxes
One important tip to keep in mind when finding a CPA to do your business taxes is to take the time to ask if they specialize in a certain area of accounting. CPA’s can have a specialization for tax preparation in certain areas and there are CPA’s who specifically specialize in preparing business taxes.
Verify the CPA’s Qualifications
Another tip to consider when finding a CPA to do your business taxes is to take the time to verify your potential CPA’s qualifications. The IRS has a requirement for every CPA that prepares taxes to register with the IRS and to also register to have a Preparer Tax Identification Number. You can also look up your potential CPA’s license, since states require a CPA license to work. You can also use their license to find if their license is expired or if the CPA has had any disciplinary actions or suspensions.
Figure out the CPA’s Experience with Taxes
Although every CPA has to pass an exam and be licensed, you may feel more comfortable if you know that your CPA has experience in preparing taxes for businesses similar to your own. Further, CPA’s that have more years of experience are more likely will have a better understanding of tax laws and codes. Lastly, you should also ask if your CPA has filed taxes electronically. The IRS may require this in certain situations.
Figure out the CPA’s Fees
One final and brief tip to consider when finding a CPA to do your business taxes is to take the time to ask your potential CPA what their fees are. Some CPA’s will charge you by the hour, others charge a flat fee, and others have different payment options based on how complex your taxes are.
Overall, investing in a CPA is a great idea because the services provided by CPA’s lead to less anxiety and more success for business owners. Harvest Tax & Accounting understands the importance of providing professional CPA services for your business. That’s why our team works continuously to stay up to date with tax codes, laws, and procedures. With more than 45 years of combined experience, the team at Harvest Tax & Accounting has seen it all. Our team takes the time to give you the information that is most relevant to your business right now and we explain taxes in a way that is easy to understand. If you want to know how to find a CPA for taxes, schedule your free consultation today.