CPA Students Expand Their Skill Sets With Summer Programs

cpa students benefit from summer programsA CPA student is hard at work throughout the school year, studying and practicing their accounting skills so that they are prepared for their career. When the summer months roll around, some students look forward to the break, but others are searching for summer programs to help them gain more experience. Local leaders in the accounting industry can team up with the universities and colleges in the area to offer these summer programs, and they put together summer workshops for the students.

Getting an Edge Over Their Peers

One of the biggest advantages to participating in a CPA summer program is the fact that it gives the students more experience, to strengthen their resume after graduation. Accounting firms like to hire students who have made the extra effort to improve their skills and get real-world experience, and these workshops offer unique opportunities for them.

These summer accounting programs are literally shaping the future of the accounting industry, because the students will be transitioning into their careers within a few short years. The accounting firms recognize the value of investing in the students, because they have qualified graduates to hire.

Finding a Trusted Professional to Work With

If you are looking for a qualified CPA, then it is important that you find a source that you can trust. GoodAccountants.com is a great option to help you connect with an accounting professional in your area, and the directory is easy to use. You simply enter in your information, and within 15 seconds will you will have access to information about qualified accountants in your area who are available to help.

It can save you a lot of time and money to hire an accountant, especially if you don’t have the knowledge or experience to handle complex finances. An accountant is familiar with the industry best practices, and they also have a thorough understanding about local laws that are applicable. They will be able to advise you on the best process to manage your finances, whether it be for a personal, business, non-profit, or any other organization. Search on GoodAccountants.com to find a CPA today!

When Your Business Should Hire a CPA Firm

cpa firmsCPA firms provide a number of benefits when compared to other types of financial professionals.  These firms employ highly trained, well educated professionals who have a deep understanding of all of the financial laws and regulations in place for businesses.  They also have a strict code of ethics that promotes integrity.

A CPA firm can help your business in many different ways, and should not be thought of as just bean counters that you need at certain times to the year to help with year-end reporting or tax time.  CPAs can help with a number of business issues including business planning, investment advice, tax planning, financial planning, and even employee benefit packages.

To ensure you get the very most out of CPA firms you should keep in mind certain qualifications.  The first thing you need to look into are licenses.  The firm you are considering should be able to provide proof that they are licensed to practice in your area and all accountants on staff are also licensed and certified.  You may also want to find out if the firm belongs to any professional organizations and if they hold any other accreditation.  You will want to be sure they are familiar with your situation and will be compatible to work with your business.

To ensure compatibility with your business, think about what services you will need the CPA firm to perform.  The firm must be able to abide by all of the laws and regulations that govern your business in your area.  While most firms do offer a full line of services to accommodate several different types of businesses in many industries, not all of them do, so take the time to make sure the firm you choose will work to meet your precise needs.

You should also spend some time and interview a number of different firms.  Never hire the first company you come across.  Ask about their years in business, the level of experience their staff possess, their rate schedule, and if they will work with your business and your financial staff.  You will want to be sure you feel comfortable with, and trust, your choice as you will be disclosing a great deal of personal financial information.

Finally, you will want to verify what is included in their fees so that you get the most for your money.  If you are paying top dollar for CPA services you will want to make sure you are getting a full and comprehensive service package.

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.