WHY IT MAKES SENSE TO USE AN ACCOUNTANT

THERE are many things an accountant can do for you but here are some key areas where they’ll help your business immediately. Clean up your books once and for all

When business owners do their own bookkeeping, it often only happens when they can find the time. That’s not really giving your financials the attention they deserve, and it results in: - data-entry errors

- lost documentation (such as proof of purchase for expenses) - missed tax breaks

- books that are out of date

If you employ the services of an accountant, they will clean everything up so you have accurate records backed up by documentation. They’ll even set you up with software that makes it much faster and easier to record future income and expenses. That way you’ll never fall behind again – and you won’t have to pay for someone to come and enter data for you. Do your tax really well – and on time

Late filing or payment of taxes results in penalties and interest and people have lost thousands this way. With an accountant, you won’t miss any more deadlines. The good ones will work well in advance so that tax filing is smooth and stress-free. You’ll forget what it was like to dread tax season.

Plus an accountant can often reduce the amount of tax you have to pay. If you engage them at the start of the year and ask for tax planning services, they’ll come up with a strategy that keeps more money in your business.