CPA In Elmont
Benefits of Finding a CPA Near Me in Nassau County
When it comes to your taxes and financial planning you want a professional with experience to guide you. Garcia & Associates, C.P.A. P.C. is one of the leading CPA firms in the Nassau County, NY area. Known for quality service and commitment to excellence Garcia & Associates offers services for individuals and businesses to help guide their financial decisions based on their specific needs and situation. If you are looking for a trusted CPA get in touch with Garcia & Associates, C.P.A. PLLC.
What Can I Expect from a CPA Near Me in Nassau County?
A Certified Public Accountant is licensed to provide accounting services to the public. A local CPA will know the ins and outs of the accounting laws and be able to advise you better on your tax consulting needs.
A Certified Public Accountant has earned a professional designation through education, experience, and licensing. Not all accountants are CPA’s and it’s important to know that distinction.
In addition to completing a program of study in accounting, they also acquire experience in professional work and must pass the Uniform CPA Exam. The exam is developed and graded by the American Institute of CPAs. Licensing is done by the state, district, and county boards. Only after licensing may a person use the designation CPA.
CPA’s in Nassau County help individuals and businesses with taxes, financial planning, investments, mergers & acquisitions, and more. They help guide new businesses on the best business structure to form and can help set up a corporation.
Certified Public Accountants are knowledgeable about the local tax codes and are invaluable at helping you maximize your tax savings. They can also represent you before the IRS should an audit occur.
6 Tips for Finding a Good CPA Firm in Elmont
1- Ask About Any Areas of Specialization
A CPA can specialize in a variety of accounting areas including, nonprofit, government, forensic accounting as well as tax preparation.
2- Does the Firm Stay Up to Date with the Industry Organizations
The American Institute of Certified Public Accountants (AICPA) is the national organization of CPAs in the United States. Like other professions, being involved in organizations that allow you to stay on top of the industry and network with other professionals helps keep a firm knowledgeable and helps serve clients better.
3- Consider the CPA’s Experience
Though all CPAs are credentialed, one with several years of experience will likely have a deeper understanding of local tax codes. Especially if you are searching for a CPA who specializes in a certain area. You want your CPA to be familiar with your state tax laws.
4- Their Willingness to Sign Your Tax Return
A reputable CPA will sign your tax return and represent you before the IRS concerning your tax returns. If they are reluctant or unwilling to sign your returns, you may want to consider finding a CPA that will.
5- Asking for Advice
A good CPA firm not only prepares and files your return, but they also offer year-round advice to help maximize future savings on returns as well as helping businesses stay compliant with business tax returns. Your CPA should be able to quickly answer your questions about what’s best for you or your business operations in Elmont. If they do not know the answer, they should be able to find out quickly.
When Should You Hire a CPA for Taxes?
If you have a complicated tax situation or are dealing with business entities you may want to consider hiring a CPA as opposed to a tax preparer or accounting provider. A CPA will have more extensive knowledge of the tax codes and how to save you and/or your business money. They will have more experience in advising you on financial decisions and build and maintain an ongoing relationship to help you plan for the future. A Certified Public Accountant may cost more but it is worth it to have that experience and knowledge when it comes to tax returns and dealing with the IRS.
Starting a New Business
If you are starting a new business there is paperwork and filings to be done before you can open your doors. A CPA firm with business experience can help make sure you file correctly and help steer things in the proper direction as well as helping with filing and helping understand the state and Nassau County employment laws, employee benefits, etc.
Multiple Income Sources
If you have multiple sources of income, a CPA can make sure you are filing the correct forms as well as advise you on how to best save money and prepare for future taxes.
A trusted CPA can make sure you get all the benefits afforded to the self-employed and consult you on the proper financial planning of IRA’s and 401K’s. They will also advise you on any deductions you might be able to take.
If you are looking for a trusted and experienced CPA in Nassau County, Garcia & Associates C.P.A. Firm is happy to answer all your questions and help you sort through your tax and financial situations. Visit https://www.garciagroup.com or call us now to speak with one of our associates. 718-533-0300. We look forward to speaking with you and becoming a financial partner providing trusted personalized service.