If you’re like most people, you only consider calling your CPA when tax season rolls around. But preparing taxes is only one part of the CPA job description. It benefits both individuals and small businesses to take advantage of their CPAs expertise all year long.
Whether you’re managing your personal finances or running a small business, working with a CPA year round offers long-term value, peace of mind, and smarter financial decisions. From dispensing expert advice, to assisting in smart budget decisions, to ensuring compliance, CPAs serve as trusted financial advisors all year long.
Mitigate Tax-Time Stress: Proactive Tax Planning
Working with a CPA year-round can mitigate tax season stress. A CPA can help you make critical decisions throughout the year, estimate your quarterly taxes, and ensure your compliance with any changes in in tax law so there are no unpleasant surprises during tax time.
For individuals, a CPA can help you minimize your tax liability by strategically planning deductions and ensuring you have a clear snapshot of what to expect from your tax bill or return. For small businesses, a CPA can provide guidance on how to optimally structure your company and help you plan for estimated taxes and business expenses.
Have an Expert in Your Corner: Ongoing Financial Advice
Having a relationship with a CPA means you have an expert to rely on for advice on the best way to manage your day-to-day financial tasks. Armed with their input, you can feel confident that you’re making the right daily choices that will pay off long term.
Individuals can get help with budgeting, saving for retirement or education, and managing investments all with tax implications in mind. If you run a small business, working with a CPA gives you access to accurate bookkeeping, financial reporting, and help making informed decisions based on real-time numbers.
Get Support for the Big Moments: Guidance During Life & Business Transitions
It can be hard to focus on navigating financial details during life’s big transitions. Just as CPAs are wonderful resources for day-to-day financial management, having a CPA to guide you through big financial moments pays dividends.
Experiences like buying a home, getting married, changing jobs, or receiving an inheritance are all exciting milestones that also have big tax implications. Working with a CPA ensures you’re prepared for tax time, safeguards your long-term financial health, and frees you up to focus on the moment. CPAs can be valuable consultants during business transitions too, whether you are hiring employees, applying for loans, or even selling your business.
Enjoy Excellent Reporting: Compliance & Audit Readiness
No one wants to be caught by surprise by a tax audit. For both individuals and businesses, working year round with a CPA means you’ll stay up-to-date on the latest federal and state tax laws. You’ll also get impeccable support on how to track transactions, detect and prevent fraud, and stay organized. In the case that you are faced with an audit, you can rest easy in the knowledge that you’re organized and prepared.
Peace of Mind & Time Savings: Work with a Local CPA
When you work with a local CPA like our experts at Neely’s Accounting, you’ll enjoy greater peace of mind and more time back in your days. Our accounting firm has helped individuals and small business with their accounting needs since 2007. We know VA tax laws, regional business environments, and community-specific challenges inside-and-out so you always an informed consultant to turn to.
Year-round CPA support isn’t just smart, it’s strategic. Whether you’re managing your personal finances or growing a business, schedule a consultation today to see how our friendly, Roanoke CPAs can help you stay ahead.