When your small business is going full-steam ahead and tax season is quickly approaching, you may wonder whether or not you need to hire an accountant. A good accountant can offer advice for strategic financial planning to steer your business in the right direction. Intuit will make this decision much easier for you with the infographic guide below.
If you’ve been overwhelmed with the bookkeeping and aren’t familiar with the following terms: customer payments, deposits, invoices, account charts, accounts payable/receivable, and bank reconciliation, it might be a good time to call on the professionals. An accountant will make sure your books are accurate, analyze the financial big picture, produce key financial documents, and help the company file taxes. The average small business owner spends 10 hours a week balancing their book; this time takes away from the business, and getting it back with the help of an accountant can create more time for business growth.
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