Businesses often need to hire expertise on demand, and while having an in-house team has its advantages, outsourcing is often more cost-effective. Among the many tasks that a company can outsource, accounting & tax preparation stands out. If you are looking for a reliable accountant in Atlanta, GA, we have a few tips below for your help.
Know the basics
Should you hire an accountant or a CPA? Do you also need a bookkeeper? The answer depends on the needs of your business. If you deal with a significant volume of transactions or need help dealing with IRS matters, a CPA is your best bet. Bookkeepers are in charge of managing the accounting software, keeping a record of transactions, and bank reconciliation. Accountants prepare financial statements and deal with analytics. A CPA can do everything.
Finding a few options
If you know other businesses that have outsourced their accounting work, you can always ask for references. The internet can be really handy for comparing the choices too. Yelp and Google listings can help sort a few options.
Ask the right questions
Insist on meeting the team of the accounting firm in person, and use the window to ask questions like:
- What type of accounting services do you provide?
- Do you have experience working with clients with similar business profiles?
- Do you work on tax planning & preparation?
- Do you offer payroll services?
- How much do you charge? Do you have packages for small businesses?
- Which accounting software do you use?
- Can you share client references?
Many accountants are only seen during the peak tax season, and soon after, they are gone. As a business owner, you should be able to rely on your accounting team for round-the-clock support. Don’t shy away from discussing things related to communication.
How much to pay for accounting work?
It really depends on what an accountant does for your firm. Some services charge an hourly rate, while others have packages that include the basic things small businesses need. While an estimate is necessary, don’t choose an accountant because they are cheap. It also makes sense to choose a firm that’s based in Atlanta and can be asked to come over if required.
Hiring an accountant for your business can help prevent mistakes and dedicate more time to core business tasks. It also gives the management enough scope to focus better on budget, expansion, and tax matters. Call a dependable accounting firm today. Eventually, you can outsource payroll and tax.