La Crosse, Wisconsin
609 4th St S, Suite B
La Crosse, WI 54601

Understanding the Role of a CPA & How They Can Help April 25, 2018

La Crosse, La Crosse County
Understanding the Role of a CPA & How They Can Help, La Crosse, Wisconsin

If you own a business, work for yourself, or have a lot of investments, you know how complicated finances can get. When tax season comes around or you’re looking for ways to track the financial health of your business, a skilled CPA can save you a lot of time, money, and headaches in the long run. Below is a quick explanation of what CPAs do, and how they can help keep your finances in order.

What Do CPAs Do?

Tax Strategy & Return Preparation

As part of maintaining their license, CPAs must take continuing education courses, which means their tax knowledge base is always up-to-date. With their help, preparing even the most complex returns can be a breeze. They’ll also help you plan a year-long tax strategy to maximize your deductions and reduce your liability as much as possible, potentially saving you thousands of dollars.

Streamlining Financial Systems

cpaMany CPAs offer consulting services designed to lighten the load on a small business’s staff. They’ll conduct a thorough assessment of your current system and recommend steps you can take to make your financial record-keeping as easy and error-free as possible.

Performing Financial Audits

Regulatory agencies, business partners, and lenders often require statements detailing the financial health of your company. In addition to generating reports, a CPA can review the information in your books and ensure that everything is correct.

Representing Clients With the IRS

Being the target of an IRS audit can be terrifying, even if they’re just asking for more information. Licensed CPAs can represent your interests in front of the IRS, explain what the government is looking for, and walk you through the process.


Whether you have complicated income streams or own your own business, the CPAs at Tostrud & Temp, S.C. will provide the financial safety net you need. They’ve served businesses, individuals, and government organizations throughout La Crosse, WI, for over 35 years, building a reputation for fast service and accurate results. Visit their website learn more about their wide range of services, call (608) 784-8060 to make your appointment, and follow their Facebook for more tips and advice.

Other Announcements, Events and Deals from Tostrud & Temp, S.C.
4 Benefits of Hiring a Bookkeeping Service, La Crosse, Wisconsin
Tracking your spending and profit is crucial to keeping a business afloat. However, many business owners have difficulty handling this task alone. Fortunately, a professional more
How to Keep Records for Taxes, La Crosse, Wisconsin
Proper documentation is an essential part of preparing your tax returns. For this reason, most providers advise against throwing out or shredding papers until you’re sure you no more
4 Reasons to Start Retirement Planning While You’re Young, La Crosse, Wisconsin
While retirement may seem a long way away when you're in your 20s, it's never too early to start planning. In fact, saving even a little in your 20s pays off in the long run, and more
3 Ways to Decrease Taxable Income, La Crosse, Wisconsin
Tax season can be a stressful time of year, especially for those who anticipate owing the IRS money. Generally, the higher your taxable income, the more taxes you pay. While it’s more
4 Do's & Don'ts of Filing Taxes, La Crosse, Wisconsin
As tax season approaches, it's time to start gathering the appropriate forms and getting ready to file them. However, many people find this process stressful or confusing, which more