| So, what is this magical step? It is to find a good | | | | steps don't make sense from a tax perspective |
| accountant. Not exactly what you were | | | | and will offer alternatives. This one meeting will |
| expecting, eh? Well, it is true. A good accountant | | | | save you tens of thousands of dollars over the |
| can save you a ton of money. A decent | | | | years. In fact, you would be wise to have a |
| accountant can save you a bit of money. Not | | | | meeting every quarter. |
| having any accountant can end up costing you a | | | | Whether you like it or not, taxes are going to be |
| bundle. | | | | a big issue for your business. A proactive |
| So, what is a "good" accountant? To give you an | | | | accountant should be a vital member of your |
| answer, we must first discuss the role you need | | | | team. If you are going to make any big moves, |
| the accountant to take. Any accountant can | | | | you need to give him or her a call. Your |
| prepare a tax return. That is not what we are | | | | accountant can also help you arrange your |
| talking about in this article. There are really two | | | | business finances in a manner that is going to help |
| types of accountants - reactive and proactive. | | | | your cash flow so you can survive lean times. |
| Proactive accountants are what you are looking | | | | So, when should you start looking for such an |
| for to help you. | | | | accountant? Yesterday! The first step in starting a |
| A proactive accountant is one who helps you | | | | business will necessarily involve how it is classified |
| ahead of time. This person sits down with you at | | | | for tax purposes. This is a big decision and your |
| the beginning of each year. They discuss your | | | | accountant can provide you with the best solution |
| business and personal life and how the year is | | | | for your particular situation. Ah, but can you |
| going to shape up. The accountant will then | | | | afford to kick out money for an accountant early |
| suggest steps you can take to minimize your | | | | on? Yes. You will save a bunch of money by |
| taxes and grow your money. Just as importantly, | | | | doing so and can deduct their fees. |
| they will also let you know if any of your planned | | | | |