Posts Tagged ‘accountants’

Be Wary of Who You Hire

Posted on: April 13th, 2010 by

Trust Your CPA - Rockville, MDThere are certain tax schemes that the IRS is really cracking down on now that you must be wary of.  Many people are filing extensions this year, meaning that their returns don’t have to actually be in until October 15, so taxes don’t just go away after the dreaded April 15 passes.  If you are one of those people filing extensions, then make sure you know these tidbits from the IRS.  Sketchy tax preparers are on the rise and will often advise you to take illegal deductions; make sure you hire a reputable and trusted CPA if you hire someone.  The IRS is also making a point of scrutinizing retirement accounts in search of taxpayers who enter transactions that allow them to exceed the contribution limit of the IRA.  Many of these transactions are put together by dubious financial advisers, so like accountants, you need make sure you only use reputable, certified financial planners.  Make sure you carefully look into who it is you are hiring and check on their certifications before entering into any business engagement with them.

CPA Rockville

Posted on: March 12th, 2010 by

CPA Rockville

CPA Rockville – A large number of individuals hire the services of a CPA all year round to ensure that their finances are in order.  Although most accountants are hired on a long-term basis, there are a few accountants that are only hired to professionally prepare tax returns.

Many individuals or business owners are often encouraged to seek a local accountant for the sole reason that should a problem/situation arise, it is more convenient to resolve.  But since accountants are often versed in the tax laws of multiple states, it is not always a bad idea to seek out the accountant with the best reputation, most experience, and most personal service.  Personal service is very important because you know that the person you have hired is looking out for your best interest.  Even though a firm may be local, you may not even know who is performing the service to you.

So the answer is quite simple: Because it is an easy way to have your financial records in order or your tax returns professionally completed.  The job of the CPA is to know how to get their clients the maximum number of tax deductions and know how to accurately organize receipts and other document verifications for those tax deductions.  So, instead of spending hours reviewing and sorting through your finances, you should contact a CPA firm in Rockville and get a consultation to determine if hiring an accountant is the right move for you.