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