Running your own small business can be immensely rewarding. Wrestling with Quickbooks and worrying about tax deadlines are usually not on the list of favorite things that small business owners do. When you consider the value of your time and the cost of errors it makes sense to outsource your bookkeeping, accounting, payroll processing, and tax preparation. The key is to find one small business accounting firm that can provide affordable bookkeeping services, profit boosting cost reduction strategies, and cutting edge tax planning. Whether you are a new business startup needing guidance setting up your business or an established business looking for a CPA firm that will answer your calls my firm is the right fit for you. From specialized hands-on one-on-one Quickbooks training to our flat fee monthly business plans STL TAX is your one stop for business services.
Why you should hire an Accounting Firm
A small business has complex accounting needs and it’s easy to become overwhelmed. As a business owner you have limited resources to manage bookkeeping, accounting, payroll, tax returns, and other compliance issues. Without specialized knowledge it’s difficult to perform these duties. A CPA is more than a tax preparer or bookkeeper, a CPA is your trusted advisor helping you plan for growth, assess risk, manage cash flow, reduce expenses, and provide tax strategy.
When should you hire an Accounting Firm?
For small business startups the best time to begin working with an accountant is before you start your business. A CPA can help you with questions like:
- Should you form an LLC or Corporation for your new business?
- How do you obtain tax id numbers, which tax id numbers do you need, and when do you need them?
- How do you hire employees?
- How do you set up your bookkeeping and accounting system?
It’s never too late to start getting good advice but setting up your small business in an organized way with knowledge and procedures will make you feel confident that your bases are covered and allow you to focus on running your business.
Which Accounting Firm should you hire?
Every small business is unique. Small businesses have many of the same reporting and compliance hurdles that large businesses have but a small business cannot afford to hire full-time staff for accounting. A good small business accounting firm can provide economical bookkeeping and accounting services, keep your business in compliance with the various government agencies, offer pro-active tax and business strategies, be a leader in using technology, and be available when you have questions.
Call Saint Louis based STL Tax today at (314) 645-1614 for more information on how our accountants can help your business with our small business accounting services!