We chat with a lot of small to medium-sized businesses in the Twin Cities regarding bookkeeping, accounting, payroll, and tax preparation services. And we’ve found that many business owners have the same questions and pain points during the evaluation process.
The adage states, “family and business don’t mix.” But the majority of businesses in the United States are family owned or family controlled. Creating a successful business takes hard work, determination, and trust, and accounting is often the most sensitive area of any business.
Dreams of owning your own company or starting your own business probably didn’t evolve from an inner passion to keep a general ledger or to prepare tax documents.
You likely started a business to focus on something you love. But now you spend more time tracking reports and keeping the books rather than getting out and working on your business.
For many small business owners, having a trusted accountant by your side can feel like a great burden has been lifted off your shoulders.
Knowing that you have a trusted professional to help you stay on top of deadlines and provide expert financial advice can give you peace of mind.
But when is the best time to bring hire an accountant for your small business?
It’s tax season, again. And you’re probably a bit stressed out trying to run your business and to gather all of the information needed for your accountant to prepare and file your annual taxes.
When all the hard work is over and the paperwork is set, are you ever left wondering if your accountant really brought enough to the table this tax season?