A Cut Rate Accountant vs. an Affordable Accountant: There’s a Difference!

There are two schools of thought out there. Some believe that using the absolute cheapest is the best way to go. They know that buying the cheapest product means that it will likely wear out faster than buying a more expensive version, but they also understand that a cheaper product also means they can afford a replacement easier. This works great when buying a physical product, but how does it look when you are hiring a service? Your accountant in Billings, Montana looks at the differences between a cut rate accountant and an affordably priced accountant.

 

 

A Cut Rate Accountant Churns and Burns

There is an old saying in the stock industry of “churn ‘em and burn ‘em.” Basically it is getting a client, selling them a stock, and then burning the client, or dumping them. The idea is to make a quick commission and then turn them loose. Likely they will be upset, but you made your money right?

A cut rate accountant will often churn and burn. They want to make some money off preparing your taxes, and then once you’re out the door, you are on your own.

An Affordable Accountant Cares About You

In contrast to the churn and burn mentality, an affordable accountant cares about you and what you have going on. Your affordable accountant in Billings, Montana knows that you work hard for your money, so they don’t want to charge you an arm and a leg to prepare your taxes.

Unlike the churn and burn mentality, your affordable accountant is here all year round. Long after your taxes have been prepared, you can still stop by and get answers because we are here all year round, not just during tax season.

A Cut Rate Accountant Makes Mistakes

When you hardly charge anything for tax preparation services, you have to hustle through each tax return. What this means is that the likelihood of mistakes skyrockets.

But once the client is out the door, once the client has signed to accept the tax return, once the client indicates they are satisfied, all of this doesn’t matter anymore. With a cut rate accountant, your risk of audit could be higher, and they aren’t going to back up the work that they did.

An Affordable Accountant Double Checks

Despite having low prices, an affordable accountant in Billings, Montana will double check all of his work. He wants to make sure he earns you as a client for life; not just as a client for this year.

So instead of rushing through your tax return, Mike will sit down and double check the numbers. This means your return is picture perfect, and you won’t have to worry as much about an audit. Even if it does happen, Mike will provide all necessary documents to show his calculations were correct.

Your Affordable Accountant in Billings, Montana

If you have yet to do your taxes, don’t worry! There is plenty of time before your return must be filed. Instead of going somewhere that will get your tax return prepared quickly and cheaply with no guarantee to accuracy, go to Practical Taxes where you get years of training, education, and experience; and it won’t cost you an arm and a leg.

Practical Taxes is a full service accounting firm in Billings, Montana. We are here all year round, and can answer any questions that pop up; no matter what season.   On top of tax preparation services we also offer business consulting, online payroll services, and much more. Call us today at406-894-2050 to schedule an appointment.