Benefits of hiring a CPA

Maybe you’re a small business owner and you’re reluctant to do your own taxes. Maybe you’re expanding and you feel like you need services beyond what your current accountant can provide to you. Or, perhaps, you are an individual who wants to know how you can maximize your tax credits, hold onto more of your hard-earned money, and get a leg up on your long-term financial planning.

If any of this sounds applicable, you likely found our website while googling the term “CPA.”  You should also know there are many, many benefits associated with hiring a certified public accountant.

We can help you plan for your retirement

Earlier this month, we posted two blogs about the tax benefits of estate planning. If you’re among the many Americans who assume that estate planning is only for the ultra-rich, we’re here to tell you you’ve been misinformed.

If you have assets such as property, stocks, bonds, IRAs, money market and/or other types of savings accounts, setting up a trust can help reduce your heirs’ tax liability. For more information on how this works, be sure to check out our previous blogs. Or, if you’d prefer to speak with someone, contact our office and we’ll be happy to schedule a free, no-obligation consultation with a member of our staff.

Tax laws change rapidly

If you’ve been doing your own taxes (using free or paid-for tax software), you could be missing things that are important. Tax laws change constantly, and if you’re not a licensed tax professional, it’s unlikely you’re aware of the latest changes. When you work with a CPA you’ll be working with a professional who is fully up to date on the tax code and can thus, help you maximize your deductions.

You’re about to start a new business

Anyone who has ever launched a new business understands that there are a zillion and one things to keep track of—including making sure your tax forms are filled out correctly. Not getting that done correctly, out of the gate, will likely cause problems and headaches. Working with a CPA can help ensure this step is done right.

Have questions? Call Hughes Snell and CO., PA today

If you have questions about tax planning, retirement planning or you’d like help preparing tax forms for a new business venture, we’re here to help. For more information about our company, the types of services we offer, and how we can help you accomplish your financial goals, call us today at 239-939-0554 to learn more.