It’s surprising how many business owners forego hiring a tax accountant. While some smaller business owners can handle their own taxes, the vast majority would benefit from hiring a professional tax accountant to act as a trusted partner in optimizing tax matters, ensuring compliance and providing strategic insight into business operations.
Benefits You Receive by Working with a Tax Accountant
1. Save Time
When it comes to taxes, the devil’s in the details. Of course, having someone else prepare your company’s tax returns is time-saving in itself. But you also benefit by not having to stay up-to-date on the latest tax laws, rules and regulations. You’re free to do what you do best: run your business.
2. Mitigate Financial Risks
Accountants know ways to reduce your tax liability and prevent hefty tax penalties for things like late filings and missed tax payments. They also know the language of the IRS, so if your business is audited they can represent you in a way that keeps your risk to a minimum.
3. Business Growth
An experienced tax accountant is a great source of advice and wisdom on how to better manage your business’s financials. You’re better equipped to make informed decisions based on pre-determined results and calculated risks. When you want to expand your business, a tax accountant can provide you with financial reviews and reports you can rely on in making important decisions. They’ll also help you assess the viability of investments you want to make.
4. Network expansion
Respected tax attorneys have access to other companies and industries related to your business and can introduce and refer you to new contacts.
5. Peace of mind
Running a business is challenging enough. Even if you’ve successfully completed your business tax returns in the past, are you completely confident they were done correctly and to your financial advantage? Why let tax preparation add to your stress?
Hire a Tax Accountant at Gurian PLLC
Taxes are an unavoidable reality for businesses. Hiring a tax accountant to handle your accounting and tax planning is a worthwhile investment of your time and money. At Gurian, we act as your tax advocate, exploring methods for increasing revenue and decreasing expenses.
If you’re considering changing your business’s tax strategy, contact us online today or call us at 469.374.3150 to arrange a meeting. We look forward to helping you create a profitable tax-planning strategy for your business.