Certified public accountants offer individuals and businesses professional advice on a range of financial matters. Their expertise plays a crucial role in helping to maximize finances and protect assets and investments. Though many would benefit from their services, not everyone believes they need one.

However, there are a few specific life situations in which a licensed CPA is especially invaluable:

1. Filing Taxes

If you’re like most people who dread tax time, an accountant helps alleviate much of your stress. Preparing and filing taxes is a time-consuming and complicated process. A CPA will ensure you don’t miss any deductions or credits or make a major mistake that earns you a bill from the IRS.

2. Getting a Divorce

The tax implications of a divorce can be quite confusing to understand. A certified public assistant will be able to explain these changes and provide recommendations on how to properly make tax deposits. They also ensure your tax returns are prepared correctly according to your state law.

3. Starting a Business

No matter what kind of business you start or how big you plan for it to be, hiring an accountant is a smart and worthwhile investment. Their knowledge and experience will be valuable in helping you with entity selection, tax planning, tax elections, implementing an accounting system, and payroll.

Working with a certified public accountant is an important step to economic security. The team at Roy E. Carter, C.P.A., P.C. is qualified to provide assistance with a variety of personal and business finance related issues. They offer Staunton, VA, residents high-quality services designed to save time and money. Contact them at (540) 886-6251 to schedule an appointment, or visit their website for more information on how they can help you establish a successful financial future.