Reasons To Hire An Accountant

It is June, which means that the busy tax season has dwindled.  But, accountants are still busy at work, because aiding and preparing tax forms for customers is not the only responsibility of an accountant.  Accountants are busy helping businesses with tax preparations and things like payroll.  And if you own a small business and are looking for some assistance from an accountant, Practical Taxes is here to help.  If you are a small business owner and you have never considered hiring an accountant to assist you, here are a few reasons why you might consider it.

Depending on how many people you employ, figuring out the payroll consumes your time.  The time in which you are doing payroll cuts into either your work time or your free time or both.  The question is, would it make better financial sense if you could work more, or would the cost of an accountant be worth the time to which you could regain your free time.  Also accountants are familiar with our state’s payroll laws.  Also, an accountant can provide real advice as to future expenditures you plan to grow your business.  Also, an accountant can work with you to track you business spending throughout the year: a second opinion can be a valuable thing for your small business.

Reasons that you may want to hire an accountant

There’s plenty of reasons to consult with an accountant outside of tax season, and here are just a few for example.  Consider a purchase in real estate, or say you are setting aside a large chunk of money for your children, or maybe you’re just going to give someone a large gift, be it money or house or car, etc.  An accountant can help you to navigate the required taxes, or set up spaces in which you can protect assets from being dually taxed.

An accountant, while being a very good asset at the tax season, is a good person to call with other financial questions.  A good accountant may be able to save you both time and money in your small business or even in your own personal finances.

Practical Taxes

Practical Taxes is a full service accounting firm in Billings, Montana. We can help you get the most from your taxes, and make sure that you will get the maximum refund every year. But we don’t just do taxes! We can help with your bookkeeping, payroll, bank reconciliation, budgeting, and more. Give us a call at 406-894-2090 to learn more.