This is a question I get all the time. “Do you have a CPA you recommend?”
I work with many different CPA’s and tax pros and one size does not fit all! Getting the right tax pro on your team can feel like a puzzle. It’s a big decision that can make or break your financial game. Let’s break down the basics of picking the perfect tax professional. We’ll talk about what to look for and toss in some easy questions to help you figure out who’s the right fit for your business.
Figuring Out Your Needs:
Before you start the search, let’s figure out what you need. Are you a small business, a one-person show, or a bit bigger? Knowing your style helps you find a tax pro who gets your unique situation.
1. Qualifications:
First off, your tax pro needs to have the right badges. Look for stuff like CPA or EA. Those letters mean they know their stuff and play by the rules.
2. Experience with Your Kind of Business:
Think about your business like a fingerprint – totally unique. Your tax pro should know the ropes of your specific gig. Ask if they’ve worked with businesses like yours before. It’s like having a guide who knows the trail.
3. How They Charge and What’s Included:
Money talks, right? Make sure you’re clear on how much they charge and what you get for it. Are they hourly, flat-rate, or a percentage of your return? Know the deal before you sign on. Do they do year end adjusting entries to bring your books in line with the taxes they are reporting?
4. How You’ll Stay in Touch:
Communication is key. Ask how they like to chat – emails, calls, carrier pigeons? Plus, find out how quick they get back to you, especially during tax season. You don’t want to feel like you’re shouting into the void.
5. Tech Stuff:
We’re living in the future, so your tax pro should, too. Ask what tools they use – apps, software. A tech-savvy pro can save time and make things smoother for both of you.
6. Talk to Their Fans – Client References:
A good tax pro should have a fan club. Ask for references from people in a similar boat to yours. It’s like getting the inside scoop from folks who’ve already taken the ride.
7. Audit SOS:
Nobody wants to deal with an audit, but it happens. Ask your tax pro how they handle it and if they’ve got your back. It’s like having a superhero in your corner.
Questions to Ask:
1. What Businesses Do You Usually Work With?
Knowing if they’ve got experience in your industry is key. It’s like having a doctor who knows your specific weird symptoms.
2. Can You Connect Me with Clients Similar to Me?
Talking to their other clients is like getting a sneak peek behind the scenes. You’ll see how they work in real life.
3. How Do You Keep Up with Tax Changes?
Tax laws change more often than the weather. Make sure your tax pro is keeping an eye on the forecast.
4. How Do You Prefer to Communicate, and How Quick Are You to Respond?
Some people love emails; others prefer a quick call. Find out what they like and if they’re speedy on the reply – especially when tax season gets wild.
5. Break Down Your Fees for Me:
Money talk can be confusing. Get them to break it down, so you know exactly what you’re paying for. No surprises!
6. What Tools or Apps Do You Use for Taxes?
Tech is your friend. Make sure your tax pro is using tools that make your life easier, not more complicated.
7. How Do You Handle Audits, and Does That Come with Your Service?
Nobody wants to think about audits, but it’s good to know your tax pro has your back if the taxman comes knocking.
8. Do You Collaborate with My Bookkeeper (if you have one)?
If you’ve got a bookkeeper in the mix, make sure your tax pro plays nice with them. Collaborating means smoother sailing for everyone.
9. How and When Should I Send You My Tax Stuff?
The logistics matter, too! Ask your tax pro about their preferred method for receiving your tax info and paperwork. Whether it’s through secure online portals, email attachments, or carrier pigeons (just kidding), understanding their process ensures a smooth handoff of crucial documents. Also, nail down deadlines and timelines – knowing when they need your info helps avoid any last-minute scrambles. It’s like having a game plan before the big match.
Conclusion:
Finding the right tax pro is like picking a teammate for your financial game. Take your time, ask these easy questions, and trust your gut. After all, they’re not just your tax pro; they’re a partner in your business journey. So, here’s to finding the perfect match and making tax season a breeze!
Let’s chat! whether you have a specific question or simply need a reassuring voice to guide you.
Together, we’ll not only conquer financial hurdles but also pave the way for a future filled with prosperity and confidence.
You’ve got this!
Krista McLellan