From Receipts to Receivables: What CPAs Can Do for You

When you are running a business, there is so much to think about. You have payroll, taxes, insurances. It can be hard to keep up with it all. For these reasons, so many business owners hire an accountant to help with bookkeeping and to also provide peace of mind in knowing that everything is being taken care of properly.

Accountants are trained professionals who work with businesses and individuals alike to ensure they stay on top of their finances for maximum benefit. They help keep track of all financial transactions by ensuring the books are balanced at the end of each month.

Also, they can advise on how much money should go into certain accounts or what investments would be best for your company to grow.

What Is A CPA?

A Certified Public Accountant, or CPA for short, is a professional who has met the requirements of education and experience needed to pass their state's exam. They are trained in all areas of accounting-including bookkeeping, auditing, taxation preparation, financial statement analysis.

Part of the certified public accountant's duties is setting up your financial books for success by developing an easy system for tracking your finances.

CPAs are not only great for businesses. They can also help individuals with tax planning and preparation so that you get the most money back each year.

What Can A CPA Do For Your Business?

CPAs are not only great with numbers, but they also know how to manage all aspects of a business, including the legalities involved in running an operation like yours.

Some certified public accountant duties are:

• Advice on how much money should be spent on advertising, licensing, and legal issues.
• Know how to help you get the maximum benefit from your tax deductions so that you can make more money while spending less on overhead costs.
• See things objectively-which means they won't be emotionally attached to the business and its problems.
• Identify inefficiencies, come up with practical solutions that will cut down on costs but also grow your company's bottom line.

They do all of this while still making sure you don't break any laws or regulations in doing so.

CPA Or In-House Accountant?

You may wonder why a CPA is a better choice than hiring an in-house accountant or bookkeeper.

It is because of the amount of training they have had throughout their professional career and education to become a CPA, which means that you will receive services from someone knowledgeable about all areas related to your business financials, not just simply one area such as tax preparation or bookkeeping.

Where To Find A CPA?

At Roberts Accounting, we've helped hundreds of businesses in the United States generate more revenue and save time by offering them financial consultations.

We are a small, family-owned, and operated accounting firm with decades of experience in the business. We offer tax prep services for businesses of all shapes and sizes to meet their specific needs. From bookkeeping and payroll support to personal and corporate income taxes, we do it all!