Business owners have many great qualities, but usually, learning the ins and outs of federal and state tax laws is not one of them. If you find that you get headaches just thinking about corporate tax season, you may find that CPA firms would be a better choice, though you will need to find the right one in Salt Lake City to do the best job.
It is important to find CPA firms that will do more than just figure up your balance sheet and provide you with tax preparation. Your CPA is like a mentor in that he or she can provide you with advice and help along the way, so consider these factors.
Scale/Size
CPA firms usually offer many different services, but you may not need all of them. If you have an uncomplicated small business, you will likely be fine with a small CPA or accountant firm. However, if you have many interests, stocks, dividends, deductions and more, you may need full-service CPA firms in Salt Lake City to help you deal with all those situations. Consider matching your specific needs to the abilities of the CPA firm.
Knowledge
An accounting firm will not know as much about business or financing, so if you need advice in those areas, CPA firms are a better choice. However, if you simply need someone to do the bookkeeping, keep up with the balance sheets and do taxes, an accounting firm may be a better choice.
Questions
When searching for CPA firms in Salt Lake City, consider asking appropriate questions. Think of your search as an interview. You would ask work-related questions to the interviewee for your company, so consider asking specific accounting questions to the potential firm. Consider questions such as normal business hours, who to contact for questions, and whether or not you will have the same CPA each time you need services or help.
It is important to remember that you will be working closely with your CPA in all manners of business and throughout the year. Therefore, you need to make sure they will offer the type of service you want and feel you need. If necessary, explain this in detail to the CPA firms you are considering to ensure they understand and can help you, as your business is your lifeline, and any problems could risk the company.
