Miami Certified Public Accountant Providing Accounting, Tax, Audit and Consulting Services

Selecting a Small Business Accountant

Selecting a Small Business Accountant

Many small business owners do their finances and taxes on their own, so you may ask: why should I Selecting a Small Business Accountant? The reason: no matter what stage your small business is in, you can benefit from having an accountant on your side.

Selecting a Small Business Accountant Thats Fix You?

  • Gustavo A Viera CPA does more than prepare tax forms for their small business clients. They can act as a trusted consultant and advisor to your small business. Gustavo A Viera CPA would be able to advise you on growth opportunities, risk management, bookkeeping, and general financial planning.
  • If your small business is closely tied to your personal finances, Gustavo A Viera CPA can help you make sound judgments that are beneficial to both your personal finances and your small business.  This guidance can be especially helpful when you’re just starting up and using your own funds to finance business expenses.
  • Gustavo A Viera CPA can serve as a great resource that you can tap into for recommendations on which loans to apply for, banks that satisfy your small business needs, and whatever you need on the finance end.

Good Practices Selecting a Small Business Accountant

Here are some tips for avoiding common pitfalls and needless headaches in Selecting a Small Business Accountant:

Determine your needs

    • There is no one-size-fits-all method for managing small business finances. Make sure that your accountant specializes in small businesses, and ideally has knowledge of your industry.  Beyond that, you will need to decide what level of support is appropriate and affordable for your business. Enrolled agents, certified public accountants, and tax attorneys bring different skills and charge different rates.
    • Just ask!
      Word of mouth is a good way to find good accountants in Miami. Talk to your family, friends, peers, even your attorney for recommendations. You can also inquire with institutions and organizations like the American Institute of Certified Public Accountants*, your state Board of Accountants, or a local Chamber of Commerce.
  • Interview your candidates
    Remember that you are hiring someone that will fulfill your business needs and requirements. Treat it like a job interview that you would give to any potential employee. Ask about:
    • Professional qualifications like their licenses and experience
    • Personnel who will actually do the work, and their response times
    • Fees and charges to make sure they are in line with your budget
    • Specialized services that you may want in the future for example, audit support
  • Clientele (past and current) so you can gauge their expertise

What if My Current Accountant Isn’t a Good Fit?

If you had a bad experience with an accountant in Miami, take what you’ve learned to find a better fit for your business. You should also consider your timing if you’re just about to file significant tax changes or take on a large financial project, you’ll want to leave yourself enough time to find someone new. After all, a rush to judgment could leave you in the same position you’re in.

Remember

You are the person who is ultimately responsible for your taxes and finances. Be wary of accountants in Miami who promise things that seem too good to be true. If you have concerns about an accountant’s claims you should contact your state’s Board of Accountancy and/or the IRS Office of Professional Responsibility to check their licenses and ensure they are in good standing.

 

 


About 

Gustavo A Viera, CPA, is the managing partner in Gustavo A Viera, PA, CPA. His experience spans more than 25 years. His public accounting experience includes a senior audit manager at PriceWaterHouseCoopers with a focus in the healthcare industry, and Chief Financial Officer of Hewlett Packard Latin America and Telefonica of Spain. Gus also writes a blog twice a week that addresses issues his clients have at www.sobecpa.com/blog. He has also taught in the SBA program in Miami FL, and is admitted to practice in the State of Florida licensed Certified Public Accountant. Gus welcomes questions and he can be reached at Gustavo A Viera, PA, CPA, 15715 South Dixie Hwy. Suite 211, Miami, Fl. 33157, 786-250-4450.

/* ]]> */