Gresham business owners know that one of the busiest times of year is the end of the year. The holiday season brings in a rush for a lot of businesses, and on top of that, the end of the year means tax preparations are underway for everyone. Gresham business owners will want to make the end of the year process easier on themselves by hiring an accountant. Accountants have skills that are particularly useful for preparing your business’s taxes.
Why You Should Hire An Accountant For Your Taxes
1. Eliminate The Chance Of An Audit. The last thing any Gresham business owner wants to deal with is an audit. Your business could be subject to an audit if you have too many errors or too many write-offs. Many businesses, however, make the mistake of neglecting to hire an accountant until it’s too late. By hiring an accountant, you can avoid this risk.
2. Communication With The IRS. An accountant can make communication between your Gresham business and the IRS easier. For example, if you receive a letter from the IRS inquiring about substantiation for a purchase, it needs to be taken seriously and responded to correctly. It is in your business’s best interest to allow a professional accountant to handle it.
3. Save Money On Software. There are several accounting software options that you can utilize for your taxes, but much of this software has a high cost. If you pay for a cheaper software, you’ll be missing out on certain helpful features that you actually need. When hiring an accountant for a tax return, you don’t have to worry about finding and paying for expensive software. Accountants have access to high-quality software and are already experts at operating said software.
4. No Need To Learn Tax Laws. An accountant knows taxes. They’re aware of the laws and regulations that affect and benefit your Gresham business. In fact, you can actually make more money on your taxes by hiring an accountant. They can help you take advantage of the latest changes in tax laws, resulting in savings that can go towards your business. Not only will hiring an accountant help you save money, but you’ll save time as well. Not having to learn about complicated tax laws can give you more time to focus on your customers.
Get The Best Outsourced Accounting Services With Business & Accounting Solutions. Looking for a professional bookkeeper and accountant to support your Gresham business? Business & Accounting Solutions offers a wide range of outsourced CFO services to businesses in Gresham. We bring knowledge and capability to Gresham businesses with our bookkeeping, payroll, cash flow, finance consulting, financial reporting, QuickBooks consulting and other services. Contact or call us today at (503) 710-6213. Know someone in need of CFO or Accountant services? Consider our referral program