Is your accountant giving you more than just tax advice? If not, it may be time to find a new one.
Your accountant should be helping you with these five important things:
1. Helping You Prepare for Tax Season – Well in Advance
Most business owners hire an accountant purely for tax purposes, although they can offer assistance in other ways as well.
Ideally, your accountant should be helping you prepare for taxes well in advance, so there are no last-minute surprises. He or she should be helping you understand:
- Which credits to claim
- Which deductions to claim
- Tax laws that can maximize your write-offs
Tax opportunities, like the R&D credit, can help reduce your tax burden, and your accountant should know if you qualify for such opportunities.…Continue reading