Regardless of whether you run a small business or a big one, it is really important that you choose the right accounting firm to look after your accounting needs. Choosing the right one would save a lot of time and also save your firm from a lot of legal hassles.
It is in your firm's best interest that you choose a tax accounting firm that has been there for quite some time and has a large client base. Finance is one of the most important aspects of your business and you need to make sure that it is handled by a capable and experienced person. Here, is how you can choose an accounting service for your business needs:
Qualification Is Important
Whether you hire an individual accountant or hire the services of an accounting firm, make sure of hiring someone is qualified enough to manage your finances. If it is a firm that you are aiming, check the qualifications of the lawyers working in that firm.
Not every lawyer can offer tax accounting services and they need special training and qualification in order to handle tax issues. The more qualified and more experience, the lawyer is in the relevant field, the better it is for you and your firm.
Look For Relevant Experience
Whether it is filing your company's tax returns or bookkeeping, you would need someone who has already done these before. You probably wouldn't want to his first client, especially at a time when your company expands to a point and it is audited.
It is best if the firm your hire has already worked with companies similar to in industries similar to yours. This would put them in a position to understand your firm better. If they have handles bigger companies that yours, then it's a positive thing, as you can stick around with the same firm, even when your company grows.
Look for Referrals
Talking to business partners is a great way to find a good accounting service. 'Word of mouth' is the best way to find great candidates, no matter for what.
You can also ask your friends or family members who run businesses.
Make Use of Social Media
The social media is evolving each day and networks like LinkedIn are a great way to find ideal candidates. LinkedIn is the largest network for professionals in the world and connects employers to employees. You can just type the keyword 'accountant', enter your location and LinkedIn would come up with all the available options. Their LinkedIn profile would also reveal important detail about their qualification and experience, and it would become easy for you shortlist candidates.
Finding an accountant is not easy and finding the right one would take time. If you are looking for a tax firm for your business, My Tax Guru owned by Eric Yankwitt is one name that you can trust. Eric Yankwitt is a self-employed lawyer and has over 45 years of experience of working as an attorney. He offers a wide range of financial and accounting services.
Eric Yankwitt is a President at MyTaxGuru LLC. He has more than 45 years of experience in tax accounting services , including eight years with a big accounting firm. His proven ability to produce and contribute to the success of an organization, minimizing expenses and risk exposure, while maximizing profits and quality control affords Eric the time and energy to give back to the community.