Tax time is quickly rolling around—but is your small business ready?
As a small business owner, you know how important it is to look after your taxes and file on time, but all of that paperwork can be a nightmare. Instead of managing it yourself, it’s best to hire a tax preparer who can look after your taxes for you each year.
But how do you find the right accountant or experienced CPA for the tax preparation job to optimize your tax return? To learn more, keep reading to learn how you can find and choose the best tax preparer in your area.
Check Their Qualifications
When managing small business taxes, you need to make sure you hire someone who is qualified to help. Make sure your tax preparer has a PTIN, or preparer tax identification number.
This is a legal requirement for anyone handling taxes for others. It’s also helpful to find a tax preparer that is accredited and experienced, such as a certified public accountant (CPA).
Look for Someone Who Specializes in Your Industry
Tax services for small businesses can be complex, with each industry qualifying for different tax credits. To make the most out of your tax experience, we recommend hiring a tax preparer who frequently works with other businesses similar to your own.
They’ll be familiar with all of the tax requirements for your industry, which can help you maximize your returns.
Read Reviews Online
It’s also a good idea to read reviews online before hiring a tax preparer. Not all services are equal, so look for someone with positive reviews and fair pricing.
Consider factors such as their customer service skills, availability, and how they handle problems—you can learn more about this by reading online reviews from past customers. If you know any other small business owners, word of mouth can be a helpful way to find a good tax preparer also.
Make Sure They’ll Support You in an Audit
No business wants to face an audit by the IRS, but it can happen to anyone. However, will your tax prepared help you in case you’re audited?
Check with them to see what kind of audit support they provide and whether or not this is included in your fee—or an additional cost.
Although an IRS audit can be frightening, it’s often a routine investigation and nothing to worry about. If you’re facing an audit from the Internal Revenue Service, learn more here about how to prepare properly.
Find the Right Tax Preparer With These Tips
If you’re ready to hire a tax preparer for your small business, the above taxation tips are sure to help with your tax return results. Use them to narrow down your search until you find the right company for the job.
Ideally, you want to find someone you can work with for years to come, guaranteeing that your business is in safe hands! Get started today and you’re sure to find the perfect tax preparer for your company.
Was this article on finding the right tax preparer to be helpful? If so, visit the Finance section of the Everything Entrepreneur Blog to learn more tips on taxes, accounting, bookkeeping, business expenses, and other financial topics.
