Frequently Asked Questions

Why should I use an accountant/bookkeeping service?

To answer this question requires the small business or individual to look at their needs. The most important questions to ask are:

1) Do I have the knowledge to do accounting for my business?

2) Do I have the time to complete this task at the level necessary as not to draw the IRS attention?

3) Can I complete these task by their due dates? Such as, tax deadlines or even bank deadlines.

4) Do I really want to do these daily task?

If the answer to any of the question is "no", then you most likely need professional help.

Should I consult an accountant if I am starting a new business?

If you have never started up your own company before, seeing an accountant before you form your business is a good idea. Deciding what form of entity to create is an important decision, such as, whether you want to start a corporation, partnership, or LLC.

Accountants can address your tax and business concerns.

Do I need a business plan to get a small business loan?

If you are a start up business, you will need a business plan. You will need to explain how your business plan or financial model will positively effect revenue and profits.