A Certified Public Accountant, also known as a CPA, is a financial advisor that works to help individual people or businesses to reach their financial goals. CPA’s must take and 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. CPA’s can have many different roles that can aid in helping business owners. As many business owners know and understand, when you’re running a business, the last thing you want to worry about is handling the accounting on the back end. Are you a business owner that has had sleepless nights wondering how your business is doing financially? Investing in a CPA is a great way to have trained tax and accounting professionals work closely with your business to help you take back control of your business finances.

The following are different roles and benefits that a CPA can have for a business:

Tax Services

CPA’s are accountants who are also tax experts. CPA’s are able to give business owners advice on their business taxes, such as what accounting method your business should use and how to save money. Companies such as Harvest Tax & Accounting have learned the ins and outs of tax law, tax codes, and tax compliance so that business owners can focus on what they do best: growing their businesses. Tax planning involves so much more than simply estimating how much you’ll owe in taxes. When done correctly, tax planning can minimize your tax burden, maximize your profits, and help your business flourish.

IRS Representation

If your business is audited, CPA’s are allowed to represent your business before the IRS. Also, CPA’s have the right to negotiate with the IRS for your business. This allows business owners to protect their business with a trained professional who has experience representing businesses in front of the IRS as well as negotiating with the IRS.

Other Business Services

CPA’s can also play other important roles in helping your business. For example, CPA’s are able to file your taxes for your business as well as prepare documents that relate to taxes. CPA’s can provide bookkeeping services, which allows business owners to have more time to focus on growing their business. CPA’s are able to prepare financial documents and aid in financial planning for your business. Most importantly, CPA’s can be a great source of advice for your business such as how to save money, how to reduce and limit financial risk, budgeting, and more. These services give business owners the extra time that they need to run and grow their business.

Overall, these 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. To learn more about how your small business can benefit from our services, schedule your free consultation today.