Accountants do more than just the basics of accounting. At the end of the day, they are financial experts that can save you and your small business money and time so your can focus on growing your company!
photo from wix.com
Many Accountants are Tax experts
Many accountants are up-to-date and trained to learn the nuances of changing tax laws. These laws are confusing at best, so hiring a tax professional can help you understand changes and utilize them to your best interest. Not only will this save you time in deciphering changing tax laws, but your accountant will also ensure you are benefiting the most!
Day-to-day
As a small business owner, you already wear many hats! With an accountant handling your bookkeeping, not only can you ensure it is done correctly, but it will also save you time in the long run. Every entrepreneur's dream is continued business growth, and hiring an accounting firm to handle your company accounting needs will allow you to solely focus on your business. However, we understand that you may enjoy handling certain aspects of your company's finances, so we can help you address what specific needs your company needs help with. At Practical Accounting Solutions, this can include taxes, bookkeeping, payroll services, and more!
A survey by Clutch found 45% of small businesses do not have an outsourced bookkeeper nor accountant. Furthermore, 72% of companies utilize the same individual for accounting and human resources. While knowledge of payroll overlaps between these two departments, many companies are cheating themselves by not outsourcing their bookkeeping and other accounting duties.
Conclusion
While hiring an accountant may seem like a large investment, it can save your company money and time in the long-run. An Accountant's knowledge and training allows you to focus on your business growth with the assurance of knowing your finances are taken care of. At Practical Accounting Solutions, we can help you decide what accounting solutions your company needs!
Additional Resources
(540) 642-4138
10705 Courthouse Rd #116, Fredericksburg, VA 22407
#practicalaccountingsolutions #taxdeduction #Virginiataxlaws #taxlaw #taxexpert #accounting #financialexpert #bookkeeping #bookkeepingservices #payroll #payrollservices #outsourceaccounting #accountingdepartment #smallbusinessaccounting #accountingforsmallbusinesses #clutch #smallbizdaily #accountingblog #financeblog #financialadvisor #taxhelp #fredericksburg #taxpreparation #smallbusinessowners #smallbusinessowner #financialadvising