A lot of times business owners need an accountant’s feedback, but hesitate to call. That’s because the ticking clock of the billable hour hangs over each and every conversation. That’s why it’s important to find the right accountant who can build a meaningful relationship with you, and help you avoid costly mistakes.
An accountant can help you select the right legal structure for your business. They can explain each structure in detail and describe their tax consequences, helping you make a confident decision. They can also help you fill out the proper documents for the structure you choose, reducing your risk of worker misclassification issues down the line.
When you’re ready to hire an accountant, ask for referrals from other business owners, financial advisors, and attorneys that you trust. You can also look for an accountant who specializes in your industry or type of business, as this will ensure that they understand the unique accounting challenges you face.
If you have a limited budget, look for an accountant who offers monthly or quarterly services, rather than paying by the hour. This will reduce the cost of each consultation and give you a chance to build a relationship with an accountant who can provide long-term support for your business.
When looking for an accountant, keep in mind that the summer is a good time to start the search. Most accountants have more wiggle room in their schedules during the summer, and won’t be as busy once tax season comes around. консултация със счетоводител