Large Business Accountants

With tax season looming and numerous last minute changes to the tax codes, many business owners are finding themselves with an increased need for qualified accounting experts.  Choosing an accountant for large business management has always been a bit of a tricky task, and knowing where to turn is not as simple as opening the phone book or asking a friend which professional they use.  Let’s take a look at some things to consider when hiring large business accountants.

Consider Hiring an Accounting Team

For small businesses, the biggest dilemma is often whether to hire an individual to work in-house or to hire a firm to work on an as-needed basis.  When you manage a large business or corporation, however, this need changes a bit.  Instead, it may prove prudent to hire a team of accountants for large businesses.  The simple fact is that your numbers will need to be monitored and balanced daily, and the need for auditing to help you manage expenses and eliminate financial waste is absolutely critical.  Without the right team of experts helping you to manage things regularly, you can create a tax nightmare for your accounting experts.

Selecting Experienced Accountants

No matter how excellent someone’s education might be, experience is always going to be the biggest indicator of success.  While it might not be a bad thing to allow an intern to work alongside experienced accountants, you will definitely find that your business finances are best managed in the hands of professionals who have handled large businesses like yours before.  A great accountant for large business needs will have experience in your industry and with a business of your size, whether you choose to hire a firm or to hand select each accountant individually.

Determine Your Goals In Advance

At the end of the day, the best way to select the right accountants for large businesses is to perform a bit of auditing of your own.  Sit down and look at each aspect of your company from a financial standpoint to determine what duties you will expect of your accountant.  Do you expect financial auditing, planning, and advice or are you just looking for someone to manage invoices, financial statements, and tax records?  Make sure that your needs are clear to you and then make them clear to firms and individuals you are considering for hire.  It will make the process much simpler and will help you find the accounting experts who are truly best suited for the job.

How to Find a Good Accountant for Your Business

find a good accountantAs a business owner, making sure that your numbers come out perfectly is essential.  While many start-ups work to manage their own numbers, this becomes increasingly harder as a business grows larger.  Eventually, the need to find good accountants becomes more of a necessity than a luxury.  When this happens, you need to know what to look for in order to ensure that you are getting the best service for your money.  Do you want someone to work in-house, or do you want to hire an offsite accounting service?  There are many questions to ask, and only after taking the time to think about them can you make the right decision.

In-House Versus Firms

There is really no right or wrong answer to this dilemma.  Hiring an accounting firm can ensure that you are only paying someone to deal with your numbers and taxes when they are needed.  If you manage meticulous records and keep everything properly arranged and organized, this can be an excellent strategy.  If, however, you do not have the time or skill necessary to keep everything balanced and properly organized at all times, or if you just need someone to stay on top of things regularly, the best way for you to find a good accountant might be to hire a professional to work for you on a regular basis.

What’s the Difference?

The biggest difference between individuals and firms is really in their overall capabilities.  When you want to find good accountants, you need to consider your specific needs.  If you are looking for financial statement preparation, analyses of your business practices and expenses, or tax return prep, a solid accounting firm can be an excellent choice.  If, on the other hand, you want someone to maintain accounts, manage daily transactions, manage payroll and assets, or manage bank reconciliations, an in-house accountant is definitely the better option.

Reputation Matters

Another thing you have to take into consideration when looking to find a good accountant is reputation.  The simple fact is that you want to read reviews or request recommendations before hiring a firm or an individual to take over your business finances.  You want to ensure that the firm or individual you are choosing not only has the education needed, but the skill and experience as well.  Cut corners and missed numbers can spell big trouble with balancing budgets and with the IRS, and knowing that you have hired the right person or team for the job can give you some much-needed peace of mind.

Hire an Accountant to Save Money

As a business owner, saving money is more than just a goal, it is a necessity.  Today’s economy is anything but stable, and unnecessary expenses can be quite unforgiving.  Turning a profit is simply harder than ever for most industries, as consumers are becoming thriftier and Internet commerce makes it harder for many companies to offer competitive pricing.  One thing you should note, however, is that when you are working with the best accountant for your needs, you will certainly find a number of ways to reduce expenses, maximize profits, and improve your overall bottom line.

Choosing the Best Accountants Requires Research

Selecting the best accountants for your needs is not as simple as finding the local provider with the highest overall reviews or even calling every number in the phone book.  You need facts, numbers, statistics, and recommendations.  You need history and experience.  You need to know that the professional in question has experience working with a business similar to yours and that they have been able to deliver solid results.  Whether you want the best accountant to help you prepare for tax time or someone to help you save money throughout the year, there is simply no substitute for taking the time to find the right experts for the job.

There are many ways that a quality accountant can help you save money, and it is always going to be worth the time and effort to really choose someone who can provide solid ideas and advice.  You need an accountant who is on top of the latest changes in tax laws and who can review your budget and expenditures to help you see where you can save money without cutting corners.  The business world today is more competitive than ever, and there is no doubt that the most successful companies also have the best accountants working for them.

Saving Money Is Everything

While a solid business model and a high level of product and service quality can play a monumental role in the success of your company, your ability to make sound financial decisions is imperative.  The decision to seek and hire the best accountant for your business can have a huge impact on your bottom line.  Not only can it spell relief during tax season, but a great accountant can help you find new ways to improve your overall profit margin so that you can see continued success in the face of a competitive and uncertain economy.

It’s Tax Season! Tips for Finding the Right Accountant for Your Business

As a business owner, tax time is one of the most important times of the year.  Whether you own a small, medium, or large business, finding the right accountant for your needs is absolutely critical.  Tax laws change every single year, and the fact of the matter is that even the best accounting software cannot replace the benefits of having a knowledgeable tax expert review your expense and income sheets, look for deductions, and help you prevent audits.  The need to find an accountant who is experienced with businesses similar to yours is great, and it can offer a wide range of benefits.

Find Accountants Online for Great Results

The quest to find accountants who can get the job done right can be difficult if you decide to just start going through the phone book or asking around.  Even when you are asking other business owners to make a recommendation, you have to take into account the fact that the right person for one company may not be the right person for you.  Every business has unique needs when it comes to tax preparation and filing, and utilizing the web can offer you many benefits.

One thing that you will find when you opt to find an accountant online is that there are no chances that you will fall victim to sales pitches.  A fast talking accountant may well talk you into choosing the wrong expert for your needs or even signing up for services that you do not require.  If you already have a solid bookkeeper, all you likely need is someone with the tax expertise required to help you maximize deductions and ensure that everything is filed properly.  By searching online, you can easily look up reviews of the top candidates to find the expert who best meets your needs.

Get the Services You Really Need

Of course, many newer businesses find that tax time brings about a number of new stresses.  Without solid accounting throughout the year, payroll management, budget analysis, and other issues might quickly start to lag as you work to get your business running successfully.  Taking the time to find an accountant who can provide all of the services you need both at and beyond tax time can prove rather beneficial for many companies.  Finding the best provider requires a bit of hard work and research, but it is absolutely going to be well worth the effort.

The Best Advice Bookkeepers Can Give

When you own a business, finding a bookkeeper who can help you stay on top of payroll, expenses, and income is crucial.  Managing your numbers helps you ensure that your company is maximizing its profit potential and makes it easy to share your financial data with lenders whenever they request a report, and it also ensures that tax time is as stress and hassle-free as possible.  Proper bookkeeping is a lifesaver in the event of an audit, and the simple fact is that it makes managing the day to day operations of your business much easier.  Taking advice offered by your bookkeeper can often pay off handsomely, and the right advice can be huge.

Finding a Bookkeeper You Can Rely On

If you were to ask most professional bookkeepers what one piece of advice they would most like to offer business owners, it would likely be to stress the importance of hiring an expert.  While turning over your financial records to a savvy individual may work well for a fledgling self-employment setup, new tax laws, taking on more employees, and increasing your business load can all quickly create a situation that is unmanageable.  Taking the time to find a bookkeeper at the start so that they are familiar with how your business works and how you are spending and making money can really keep everything running smoothly no matter what turns your business takes.

Managing your own payments and expenses can often lead to missed deductions, failure to create properly formatted reports for lending agencies, and even an increased risk of audits when tax season rolls around.  If you take the time to find a bookkeeper who has the experience and training necessary to handle your specific business situation, you will find that he or she can easily help you see where cuts or adjustments need to be made, as well as what areas of your business are proving the most (or least) cost effective.

The Right Expert Makes a Big Difference

No matter how you look at it, choosing the right bookkeeper for your needs is going to make a big difference for your company.  Trying to do it all on your own takes your focus off of your business.  If your company is small, you won’t need to employ someone on a full time basis in order to reap the benefits, but you should have someone who is qualified to handle your numbers for you.  A great bookkeeper is as essential as a solid business model, and it can really expand your overall bottom line.

Tax Preparation for 2012

Tax season is something that many of us have come to dread.  Even if you are expecting a big refund in 2012, the simple fact is that every deduction, every entry, and every number you enter matters greatly.  Nobody wants to face a potential audit, and even the best tax preparation software can miss important entries.  There is simply nothing that compares to having a tax expert review all of your paperwork and information, and hiring someone who is familiar with the intricacies of IRS tax law can help you prevent errors, minimize taxes owed, and maximize refunds.

Getting Tax Help Is Crucial

Unless you are working with a single W-2 and are taking the standard deduction, the simple fact is that you can benefit greatly from seeking assistance with tax filing.  Every year, taxpayers miss millions in deductions and credits that they were fully qualified for, and this can mean the difference between paying taxes and getting a refund of taxes already paid.  A qualified tax expert can ask the questions that software programs often miss, letting you know what you really qualify for and how to ensure that you are at the lowest possible risk of being audited.

Of course, choosing a tax preparation expert isn’t as simple as going to your local chain tax company.  In fact, many people find that they get much more benefit by working with a qualified independent accountant.  In order to serve as a qualified tax expert, an accountant must attend classes on the latest IRS tax laws, and choosing someone with experience in cases similar to yours can leave you feeling fully confident that your deductions and credits will be maximized.  Whether you are self-employed, own your own business, or simply have multiple income sources, a tax professional can make a huge difference for you.

Getting It All Done Properly

Filing your taxes can be a huge stress; especially if you are uncertain how new tax law changes affect you.  Choosing a tax filing professional to take over the job will certainly help to alleviate this stress, and knowing that all of the numbers on your forms are right can eliminate worry over audits, missed deductions, or overpayment.  It may be tempting to save money by using tax software, but the simple fact is that when you sit down with someone who takes the time to understand your home, business, and tax situations, your chances of reaping maximum benefit increase exponentially.

Goodaccountants.com Continues to Offer Tax Payers the Best Accounting Professionals

Suzanne LoBiondo, CPA: Merrick, NY

The online accounting network known as GoodAccountants.com has made it its mission to provide customers with free access to a database of the top accounting professionals in the world. The online accounting network strives to help users find accountants who possess the highest level of skill in order to meet a broad range of business and personal accounting needs. A team of professional business consultants that aid with the process help customers to breathe easy knowing they’re getting the best accountants and tax advisors in the country to attend to their finances.

The accountants featured on this site are screened for personal expertise, level of experience, professional affiliations as well as for their customer service records. All information is kept confidential and there is no obligation to continue working with any accountant that does not appear to be a good match. It has never been easier to find and hire the perfect accountant or financial professional for your business and or personal needs.

Since accountants offer a variety of specialized services it is important to be sure the accountant or accounting firm you select is the best one for your precise needs. From services as basic as filing an individual tax return to more elaborate record keeping and financial management your accountant can make a difference in whether you fail or succeed.

GoodAccountants.com recruits only top accountants to join their national network and is proud to welcome Suzanne LoBiondo, of C&L Tax and Accounting Services LLP, a boutique accounting firm located in Merrick, NY. Suzanne LoBiondo and her firm have many years of experience helping business owners, and provide full service accounting solutions for all size businesses as well as private individuals.

For more information about Suzanne LoBiondo, please log onto GoodAccountants.com or call 1 (800) 505-7861. You’ll be thrilled with the ease of use this free web-based service offers.

Everyone Can Benefit from a Good Accountant – Athletes are no Exception!

Just about everyone can benefit from the skills of a good accountant. Not only do these professionals help with tax time, they also provide plenty of valuable financial information all year long. Unfortunately, many people, including celebrity athletes, do not make use of the best accountants available to them, and end up in dire straits because they simply do not know how to appropriately handle their money.

The article written by Steve Berman “Top 10 Athletes Who Should Have Hired a Good Accountant” details the outcome of poor financial choices. It mentions how professional athletes like Evander Holyfield failing to take time to find a good accountant.

You may have noticed that Holyfield continues to climb into the ring even though he is getting up there in years. All tolled, the four time heavyweight champ has made about $250 million, so one would think he would never have to fight again. Since Holyfield neglected to search for a proper financial expert to help him throughout the years, had eleven children, and made very extravagant purchases, he is actually somewhat cash strapped. In fact, the article states how Holyfield has not been able to pay his bills for the last few years. This has led to lawsuits over back child support, which led to loans to pay for day to day expenses and even more lawsuits over those loans. A good accountant could have managed the fighter’s finances and possibly prevented this type of financial devastation.

Another famous athlete mentioned in the Berman’s article well known for financial trouble is LaTrell Sprewell. After completing his five year, $62 million contract, Sprewell turned down a $21 million extension from the Minnesota Timberwolves. The ball player stated this offer was insulting and after turning down several other lower offers from competing teams, never played again. This series of events led to financial ruin for Sprewell, who ended up losing his yacht, his home, and his automotive business.

As you can see, no one, not even those with multi-million dollar salaries, is exempt from making mistakes when handling their own finances. Taking the time to find a good accountant can help head off problems before they begin, and keep you on the right track to financial success.

Find an Accountant in Time for Tax Season

Tax season is a common time of year when people start scrambling to find an accountant for assistance with their returns and finances.  Since there are a large number of accountants operating today, locating the best accountant for your needs may be a bit difficult.  To help you find an ideal professional, here are a few tips.

Ask Around:  Talk to people you know, and ask who they recommend for an accountant.  If you know someone who has a similar financial situation to your, start by asking who they use and if they are pleased with their services.

Use Caution:  Accountants who make promises of large refunds or offer to deduct every possible expense you have is probably not the best accountant for tax season.  Even though you hired a professional to prepare your return, you are the one who is responsible for what is filed.

Look at Enrolled Agents: Enrolled Agents (EAs) are a type of tax professional who has undergone in depth background checks by the IRS and has passed a strict test.  EAs often provide exceptional assistance for those who have very complex tax situations.

Find a Certified Public Accountant:  Certified Public Accountants (CPAs) are licensed in the state in which they work, and have passed a difficult CPA examination.  Some CPAs specialize in particular areas, such as business taxes, general taxes, or audits, and are best at handling issues that may be somewhat complex.

Consider a Tax Attorney:  When looking to find an accountant, a tax attorney may be your better option.  Tax attorneys are legal representatives who specialize in tax law.  These attorneys often have a law degree in taxation (known as an LL.M.) and are required by law to hold a juris doctor degree (J.D.).  Tax attorneys can handle difficult situations such as assisting you in tax court, or filing estate tax returns.

How to Find an Accountant for Your Business

Find an Accountant

Are you feeling overwhelmed with how to find an accountant for your business?  How do you streamline through the thousands of names that are available in the yellow pages and on the internet? Finding an accountant does not have to be a complicated process!

When you are looking to find an accountant for your business, take a few moments to brainstorm exactly what your company is looking for.  What do you want the accountant to do for your business?

The following are some tips to help find that perfect accountant for your company:

Does the accountant have experience in your industry?

This is particularly important if you work in an unique business environment.  When an accountant has familiarity with your industry, you will save your company both time and money. These individuals should be familiar with your specific industry related terms and challenges.  In addition, the accountant should be able to shed some light on areas of revenue and potential loss that you may not have thought of.

Get a Professional Reference or Use a Customized Search Engine

Professional references are one of the main techniques that company’s use to find an accountant for their business.   However, you want to make certain that the reference is provided by someone from a similar field.  When you get a reference, ask for details on why they are recommending this specific accountant or firm.  What did this individual do for the other business? How did they save them money? What is their communication style like?

The internet is another source to help you find an accountant.  Customized accounting search engines, like GoodAccountants can help you streamline the process, highlighting individuals who are familiar with your particular industry.

Are there any unique requirements to consider?

If you have an international business is it required that the accountant can converse and read multiple languages?  Try to find an accountant that has the exact attributes that your company requires.  If you don’t, you will just be looking for another accountant in the near future.

Is there a match between the accountant’s personality and your own?

Are you comfortable with your chosen accountant’s personality and style.  Is the accountant’s financial philosophy (risk-taking behavior) similar to that of your company? Are they able to forecast future trends and potential revenue?  Does their communication style match your expectations?  All of these factors are critical at ensuring that you find an accountant that best fits your business needs.

Take the time to find out your company’s specific needs before beginning with the search for your perfect accountant.  Ideally, this individual will be working with your company for several years so you want to find an accountant that is a good fit to your company’s unique needs.