Filing your own taxes may suffice when you have a simple return, but if you’re looking at a more complex fiscal year, hiring an accountant can help save both time and stress. It’s paramount, though, to work with a preparation specialist you can trust. There are several matters to consider before deciding on someone to hire.  

5 Must-Ask Questions for Potential Accountants

1. How Will You Help Me Get Ready for Tax Filing?

A reputable tax preparation specialist will help you prepare for tax season throughout the year. They’ll work with you to identify which tax credits you qualify for, find potential savings, and establish a timeline so you can stay on top of your documents.

2. Can You Help Me Establish a Budget?

Whether you’re running a small business or are self-employed, you’ll need a firm budget in place to get the most out of your budget. However, for many business owners, establishing a functioning budget can be difficult. A professional will look at your overhead, regular expenses, and earnings to help you develop a working budget for your business.

3. What Can I Do to Make Things Go Smoothly?

Simply put, be honest. The more your CPA knows about your business or financial situation, the better prepared they’ll be to assist you. Don’t hesitate to ask questions or discuss cash-flow problems with your bookkeeping team. They’re there to help you through tough situations, not judge the success of your business.

4. What’s the Best Way to Reach You?

Your accountant should be easy-to-reach and responsive to your messages. However, some forms of communication may take longer to respond to. Find out your CPA’s preferred method of communication and stick to it. The faster they can answer your questions, the better your business will be.

5. Will You Help Me Prepare for Growth?

Part of your accounting team’s responsibility is assessing your current financial situation and comparing it to your goals. A dedicated CPA will help you prepare for future growth by identifying savings, maximizing your tax returns, and establishing a budget with growth in mind.

At Gillette & Associates, LLC, CPA in La Crosse, WI, their team is ready to help you get the most out of your tax return. Let their experienced accountants help you with all of your preparation needs. Visit their website for more information on their services and available financial tools. Call (608) 784-8355 to schedule a consultation today.