Why An Accountant For a Small Business Matters

 

We all have a “go-to” person to help and give advice
when needed. We go to doctors when we are sick and in need of medical advice concerning
our health. We have mechanics to fix our car when it breaks down. Small
business owners are no different.  It’s
crucial to partner with an accountant, to help run their business efficiently.

Running a small business is hard work.  Keeping up with tax law and accounting, while
running your business, is difficult if not impossible. Accounting and finance
are challenging topics, that are best left to a professional accountant. Whether
payroll, end-of-year taxes, or how to plan for the future, an accountant can help
you navigate these unknown waters.

Here is how an accountant can help YOU as a small
business owner:

An Unused Resource

Accountants are the “go to” for tax related questions
and advice you have as a small business owner. Instead of just “Googling It” and
finding out the information yourself, reach out to an accountant for help. They
are familiar with the ever-changing tax laws and how rules can affect you as a
business owner. The cost associated with an accountant, is much less than
making costly mistakes.

How Can an Accountant Can Help Your Small
Business

When first selecting a business structure (i.e. partnership,
LLC, sole proprietorship, etc.) The way you set up your business impacts how
much taxes you will pay, paperwork to start, and personal liability. An accountant
can help you structure your business, in a way that will benefit you.

Accountants Can Help With

An accountant can help with starting and optimizing
your budget and cash flows. They can help plan a path to pay off debts and set
you on the right path for success. Setting up and processing payroll is another
challenging aspect of running a business. An accountant can help with deductions
and withholdings, based on your employees elections.  Accountants can also help with task such as accounts
payable and receivable, business advice, and so much more.

If you are a small business owner and need help, please
contact SWVA Tax and Accounting at 540-250-3198. We’ll run the numbers, while
you run the business. Don’t make a mistake that can cost you thousands of
dollars in taxes. We can help you with these decisions so your business can thrive
in these unknown times. Please call SWVA Tax and Accounting at 540-250-3198 or visit
us online at www.swvatax.com

Leave A Reply