Even though the tax season is slightly delayed this year, don’t wait Hiring a Tax Accountant. Here are some tips on interviewing candidates.
The IRS has already announced that tax filing season will be delayed so that the tax provisions of the fiscal cliff deal can be processed. That doesn’t mean you should delay hiring a tax accountant to help your company manage and file its returns. As your company grows, preparing tax returns becomes more complex, and the right tax accountant can add great value.
When interviewing potential accountants, you should ask about:
- The type of clients with whom they work to ensure they’re similar in revenues, structure and industry as your business.
- Their availability to ensure year-around access, since tax issues aren’t just relevant at tax time.
- What experiences they’ve had with the IRS, including defending clients that have been audited.
- How they bill for their services to avoid large, unexpected fees.
- A small-business specific provision, like the medical expense reimbursement plan, to ensure they’re knowledge about small-business tax issues.
About small business finance expert Mike Periu
Mike Periu has experience in small business finance. He founded Proximo, LLC a company that offers consumer and small business training services focused on technology and money.
Mike Periu teaches individual empowerment through entrepreneurship and financial literacy. He has appeared 500+ times on television and radio. Visit the Reach and Media pages of his website to learn more about where he has appeared.
You can read more of Mike’s articles on his blog or at American Express OpenForum, Yahoo! Finanzas and the Huffington Post.
Mike has a degree in International Business and Finance which he received at Georgetown University in Washington, DC. He received a Fellowship from the Kauffman Foundation for the Labs for Enterprise Creation program in Kansas City.