If you are a business owner, a CPA can provide invaluable advice on how to best structure your organization. A CPA can also design compensation plans for employees and manage employee retirement plans. Additionally, a CPA can represent a business or individual in matters with the Internal Revenue Service, writing documents and making oral arguments to challenge their clients’ decisions. With their deep knowledge of the tax code, a certified public accountant can assist you in determining which strategies to implement to avoid paying more tax than necessary.
A CPA is a public accountant with allegiance to the public, and they have to uphold certain ethical and professional standards. As such, they are considered experts on tax matters, and their expertise is viewed favorably by the government and the revenue authorities. Whether we are an excellent investment for your company depends on your qualifications and the scope of your career.
A CPA has several key responsibilities. First, they produce invoices and balance reports. They record every single piece of financial information, including sales and purchases. Second, they help banks understand the repayment capacity of customers. These tasks are critical for the smooth functioning of a business. However, a CPA can also focus on developing and managing their own business. The requirements vary from state to state but generally speaking, a accountant is responsible for managing a variety of client relationships. Are you in need of an accountant then call Garcia CPA PLLC today at 718-533-0300.