 How long have you been in business?
A good accountant can make your business flourish. Someone who has been in practice longer has had more time to encounter unique problems that you may run into as well. How do you communicate with your clients? Face to face meetings, emails, etc. What best fits your needs and do they work as a good fit for you based on how they plan to communicate with you. How many people will handle my account? Building report with a single accountant builds trust between you and that person. Having to jump around to multiple accountants within a firm makes this a harder task. How do you calculate your fees? Each firm differs on how they bill clients. Some do it by hour, some will bill at a fixed fee. Being clear upfront will on how they bill you will eliminate any surprises in the future that might damage your relationship with your firm. What specifically in my field is a challenge? Having an accountant who is familiar with the particular challenges that businesses face in your field is a great asset. It also shows how inept the firm is at analyzing risk. What services do you provide? Accounting firms do more than just taxes. Some firms can do your bookkeeping, payroll, and taxes. When looking for an accountant as yourself if these services can benefit you. How much of your time can I expect? Some accountants limit their services to just peak tax time. While some firms stay open year round. You would like to find a firm that operates year round ideally. Since you are not their only client knowing about how fast they might be able to get back to you if something is urgent would be a good question to ask. How can you help me improve my cash flow? Maintaining a positive cash flow can be a nightmare. Keeping positive cash flow is important to growth. Finding an accountant who can help you to understand your cash flow and analyze problems could help your business immensely. How well can they communicate with you? This is a question to ask yourself. Since accounting has its own jargon that accountants are used to using. How well do you feel that your accountant can explain to you in layman's terms and be effective in communication. How do they stay current? Tax codes change. Make sure to find a firm that is current and familiar with the tax codes. Beyond that, a firm that is constantly learning will also be able to bring new ideas to your business.
60 Comments
11/16/2018 12:51:00 am
I really like what you said about finding accountants that can communicate with you in the frequencies and the way that you want. My son is trying his hand at freelance photography. Business has been good so now he is need of an accountant. He has a really shy personality, so I would think that an accountant that can give him updates through email would be enough for him. 7/26/2021 04:19:54 pm
You made an interesting point when you talked about how it is a good idea to ask an accountant how they plan to communicate with you when looking to hire one. I would imagine that it would be a good idea to find an accountant that is comfortable using texting as a form of communication. People live very busy lives and texting is the most convenient form of communication for them. 10/28/2021 12:23:41 am
Thanks for pointing out that accountants can make a business flourish since they have the experience to fix problems. I would imagine that any business owner would want to avoid tax issues that can affect their operations. I think they should look for business accountants who can help them avoid penalties and interests by filing their records accurately and on time.
Cathy D.
9/25/2024 11:53:50 pm
Agreed. I make sure my clients know that I use the most trustworthy software: https://1099-etc.com/payroll-software/w2-and-1099-forms-filer/. I also update it regularly to stay compliant on their behalf. Trust in your CPA is everything. 12/11/2021 10:09:53 am
I never knew that a good accountant can make your business flourish. My aunt wants to know more about CPA. I should share this post with her about tax and accounting so that she could have an idea of what to do. Thanks for pointing out that there are tax accountants that can work with you during peak tax time only, while some work year-round. With that in mind, it would be best to know what your needs are and hire the right services at the right time. It can definitely save you time and money as well when you know if you need a year-round service or just a one-time service a year or a month. 2/24/2022 07:12:45 am
I liked how you discussed that 2/25/2022 12:30:37 am
Very much appreciated. Thank you for this excellent article. Keep posting! 4/21/2022 01:30:59 am
I like that you have summarized most of the questions to ask an accountant. I was pleasantly surprised that accountants can make businesses flourish, which is a plus point for all of them. In my opinion, they would look for an accountant who can help them avoid tax issues and avoid any possible penalties. 4/21/2022 02:37:10 am
Thank you for the article. As a business owner the information was quite helpful. Really appreciate it and keep posting! 4/25/2022 09:08:14 am
Thanks for Sharing Such Beautiful Information with Us. I hope You Will Share Same More Information about Accounting. Please Keep Sharing Your Brilliant idea ! 5/16/2022 06:01:20 pm
Really enjoying reading this articles please keep posting good info! 5/16/2022 09:27:59 pm
I never knew that it is a great asset to have someone that has experience in the role. A friend of mine told me last week that he was looking for a reliable public accountant that could provide help and proper planning for the tax preparation of his business, and he asked if I had any idea what could be the best option to do. Thanks to this informative article, I'll be sure to tell him that it will be much better if he consults a trusted public accountant as they can provide more insights about proper planning. 5/25/2022 01:51:54 am
This post made an excellent point that when looking to have a tax accountant hired, it is crucial to look at their credentials. In doing so, we are under expert guidance. I will definitely look at their background before hiring them to help with my taxes. 7/7/2022 07:42:47 pm
I like how you said that it is smart to look for an accountant that has been in practice longer. My older brother needs to find an accountant for his business to handle the financial aspects. I'll help him watch out for an accountant that has many years of successful experience. 7/8/2022 03:56:19 am
I like that you have summarized the maximum of the inquiries to ask an accountant. I changed into pleasantly amazed that accountants could make corporations flourish, that is a plus factor for all of them. In my opinion, they might search for an accountant who can assist them keep away from tax troubles and keep away from any viable penalties. 7/20/2022 09:44:48 am
My friend has been having a hard time putting his money together for his business. It makes sense that he might want to get an accountant. That seems like a good way to ensure that his expenses are noted. 8/4/2022 03:21:54 am
I have read this article and it contains a lot of information and is also very accurate. Thanks to the writer of this article for sharing knowledge with us. 8/5/2022 01:00:17 pm
Thanks for mentioning that you should find a tax firm that operates year-round. My husband and I are looking to hire a tax company for our taxes. We both struggle with finances, so we'd like to get professional help. 8/15/2022 01:40:56 am
It's so excellently done, and you have some exceptionally good ideas. This post is excellent! 8/16/2022 09:26:27 pm
You've got some very amazing insights, and it's really put together well. You did a great job on this post! 9/19/2022 04:36:43 pm
It's great that you described what we must ask about an accountant's service fees before hiring one. I heard that my sister wants to start a makeup boutique, and since she'll be busy with the shop's management, I'll suggest she hire an accountant to help with the taxes and such. I appreciate your insight on asking about an accountant's payment agreements and how they calculate them. 9/21/2022 06:32:01 am
Thanks for delivering such an exciting post. I hope to see more great posts like this in the future and keep the good work going on. 9/26/2022 05:34:45 am
Great list! Would definitely use this in finding a competent accountant. 11/30/2022 02:11:50 pm
Thanks for mentioning that you need to find an accountant who is familiar with your particular challenges. I'm hoping that I can hire an accountant for my small business since it's growing really rapidly. It would be nice to hire an accountant who only works with small businesses. 12/8/2022 04:16:19 am
I totally agree when you said that CPA services would help your company develop, especially when you hire someone who has been in the industry for a long period of time. With that in mind, it is a good idea to look for the number of years and the documentation of their credentials when you need to hire one. In my opinion, doing so will protect you and your business as well, because you will be sure that they are legitimate as well for someone handling finances. 12/12/2022 02:13:11 pm
It makes sense that you should find a company familiar with your business's challenges. My husband told me last night at dinner about how he and his colleagues have been struggling with finances for the past couple of weeks, so they want to find an accountant that can help them. I'll pass this information along to him so he can know how to find a good accountant. 12/15/2022 11:21:55 pm
I am so glad you shared this information. It is very helpful for me. 12/23/2022 01:43:11 am
Thank you for mentioning that it's important to choose a company that is up-to-date and knowledgeable about tax laws. My sister runs a company. She lacks expertise in tax planning. I'll advise her to consult a tax planning specialist so that she may become familiar with and better comprehend the tax laws. 1/16/2023 10:59:20 am
I think this is really informative! Thank you for this! 2/3/2023 03:02:22 am
I like how you said that accountants with experience could provide quality service because they encountered different challenges. My cousin told me last night that he was planning to consult a tax service to review his tax assessment to ensure he was not overpaying. He asked if I had any idea what could be the best option to do. Thanks to this informative article. I'll tell him it will be much better if he consults a trusted tax accountant as they can provide more information about proper tax planning. 2/6/2023 03:29:12 pm
Thank you for providing us with such wonderful information. I hope you'll share even more accounting-related information. Please continue to share your fantastic idea! 2/11/2023 12:13:47 am
This is a very informative and helpful blog I have read in a very long time. It gives all the right information a person needs to know. I recommend you read this blog. 2/14/2023 01:00:17 am
Very informative blog. Simple, effective, and useful too. Continue to enlighten us with your knowledge. Thanks for sharing... 3/17/2023 01:03:18 am
Its article gives ten inquiries that you can make of your prospective accountant, including inquiries about their credentials, expertise, and charges. Finding an accountant who comprehends your requirements, communicates clearly, and offers individualised service is crucial, as the post further explains. For people looking for the best accountant to meet their unique financial requirements, this blog post is a great resource. 4/28/2023 05:33:40 am
If you or your company are in need of an accountant, check out Hood's Tax's latest blog post for some helpful advice. Ten questions, including those about the accountant's credentials, expertise, and pricing, are outlined in the piece to help readers make an informed decision when hiring an accountant. The article is well-written and helpful for those who are in the market for an accountant. 6/27/2023 03:43:56 pm
It was helpful when you said to ask them about how they plan on communicating with you. My brother was at my house a couple of weeks ago for a visit, and he talked about how he needs to hire an accountant for his new business so he can make sure he handles his finances properly. I'll pass these tips along to him so he can know how to find a good business accountant. 10/5/2023 04:16:04 am
I am an accountant myself and I totally agree with you on managing the cash flow is a nightmare. Having someone doing the proper bookkeeping and helping you understand your cash flow can be so beneficial for your business. Hire someone who knows cash flow and taxes. 11/1/2023 01:43:11 am
11/13/2023 03:50:15 pm
"Thanks for this interesting article you shared. 12/7/2023 01:27:05 am
Thank you for this comprehensive guide on questions to ask when looking for a future accountant. It's often challenging to navigate the sea of options out there, and your list of questions provides a fantastic roadmap for making an informed decision. Your blog has given me a lot to think about in my search for an accountant.
This post is a goldmine of insightful questions for anyone seeking an accountant! The emphasis on the accountant's experience, communication style, and commitment to staying current in the ever-evolving financial landscape is commendable. It's evident that the author values transparency and a strong client-accountant relationship, emphasizing not only technical proficiency but also effective communication. These well-thought-out queries showcase a commitment to providing personalized and comprehensive services, ensuring a positive and collaborative experience for the client. Asking these questions could lead to a fruitful partnership, demonstrating a dedication to understanding and addressing the unique needs of each business. Great job! 4/10/2024 03:37:25 am
Very much appreciated. Thank you for this excellent article. 6/30/2024 12:13:56 pm
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Thanks for sharing this useful information! Hope that you will continue with the kind of stuff you are doing. 8/27/2024 01:56:03 am
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Thank you for sharing such valuable information! Your insights provide valuable guidance for anyone looking to make informed financial decisions. These questions not only help in finding the right fit but also ensure transparency and understanding. 10/26/2024 10:47:51 am
Great article! These questions are essential for anyone looking to hire an accountant. Understanding their expertise and approach can make a significant difference in your financial health. Asking the right questions ensures you find a partner who aligns with your needs and goals. Thanks for sharing this valuable insight! 12/11/2024 08:20:40 am
I’m grateful I stumbled upon your blog. This was a great read! 12/25/2024 11:28:17 pm
Asking the right questions can make all the difference in finding the perfect accountant! These questions will help ensure a good fit for your financial needs. 12/30/2024 10:34:44 am
This blog provides valuable insights. It highlights crucial aspects of financial management, ensuring that businesses make informed decisions. The practical tips and expert guidance make this post a must-read for anyone looking to hire an accountant. Great work! 1/27/2025 02:04:39 am
Great post! These are some really important questions to consider when choosing the right accountant for your business. I especially liked the question about how the accountant communicates with clients. Clear communication is key to building a strong working relationship. It’s also crucial to know whether they’re familiar with your industry’s specific challenges and how they can help you manage your cash flow. A knowledgeable and accessible accountant can make a big difference in your business’s success. I will definitely keep these tips in mind when hiring my next accountant. Thanks for sharing! 4/1/2025 03:13:25 am
The advice on finding an accountant familiar with your industry is spot on. It can make all the difference in managing business finances. 4/17/2025 06:13:38 am
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