Taxes are a very important part in the life of any person and essential for any company. Therefore, you must make sure to choose an accountant with the right experience and qualifications.
The next tips will show you what aspects to consider to find the right accountant for you. By following these guidelines, you’ll have the certainty that the accountant you choose possess the specific expertise and credentials to take care of your fiscal situation.
Certifications and Experience
The first step is to make sure that your prospective accountant has the necessary academic background. Keep in mind that a Certified Public Accountant (CPA) focuses on audits, preparing and filing taxes and preparing monetary reports. A CPA usually holds a bachelor’s degree and has two years of experience working under the supervision of a licensed CPA.
On the other hand, a Certified Management Accountant (CMA) focuses on financial performance management and financial strategy. A CMA has bachelor’s degree and holds active membership of the Institute of Management Accountants (IMA).
In addition to the academic credentials, it’s also important that the accountant you hire has expertise in your specific industry. This way they will be able to offer you the best possible assistance.
Continuous Education
In order to stay certified, accountants must take part in continuous education. But this also might be an indicator of their professionalism. Inquire about your prospective accountant’s continuous education efforts regarding updates in tax legislation that affects your specific industry. An accountant who strives to stay up-to-date is more likely to prepare your taxes according to the most recent guidelines, which can only benefit you.
Size of The Company
You should also consider the size of your prospective accountant’s company. A big firm may convey a sense of greater security, although a smaller enterprise is generally able to offer more personalized attention. The choice is up to you and will depend on your needs and the style that makes you feel more comfortable.
References
Check carefully your accountant’s references. Ask if a relative or acquaintance has worked with them previously. You can also check social media to read other customer’s opinions. Don’t be afraid to ask for an interview with the person who would be in charge of your taxes. When you meet them, ask all the questions you deem necessary to make an informed decision.
Get in touch with The JCC Group to get answers to all your questions about taxes. Our experts will be more than happy to assist you. Contact us by email, telephone (859-543-1322), or through our social media accounts on Facebook, Twitter and LinkedIn.