CPA South Orlando and Small Businesses

The number of smaller business continues to grow throughout the US. All small business that has crossed a certain size will need to have their accounts managed and most important have their taxes sorted out and filed. What do you do if you want someone to handle your finances and issues of taxation? The best thing to do is to hire a CPA South Orlando.

Are you skeptical about hiring a CPA South Orlando instead of an accountant? Here is low down on why you shouldn’t feel skeptic.

How are CPA South Orlando and Accountants Different?

What most people don’t know is that Accountant and CPAs are not the same thing. Typically people seem to use the two words interchangeably not knowing that each of them is pretty different from the other.

An account is generally a term used to describe an individual that deal with the financial and tax side of things, these are in reality tax professionals. They are trained to follow the regulations and rules of taxation. Their work includes:

• Preparing financial statements
• Preparing taxes
• Bookkeeping etc.

CPA South Orlando on the other hand is an individual that is a step above an accountant. They are the ones that have passed special licensing examinations and have been as a result been allocated certain work hours. The scope of work that a CPA South Orlando can do is much wider than an accountant, which makes them a good one stop shop solution for smaller businesses.

The Benefits of a CPA South Orlando

Here is a low down of the benefits to a small business of hiring such professionals.

·       Taxes

Taxes are one of the biggest worries for owners of small as well as larger businesses. The IRS can impose fines and penalties on individuals that don’t file their taxes or those that may have errors in their filing. When you hire a CPA South Orlando you can forget the worry of having to deal with your taxes. In addition to that, an advantage of hiring CPAs is that they are well versed in tax laws and can use pro small business legislation to get a higher tax refund.

·       Licensing

The main difference between accountants and CPAs is also one of their main advantages. To be called a CPA you need to have gone through a special course, which you get a license for once you pass. CPA South Orlando goes through rigorous training and examinations where they are taught a number of skills more than the normal financial requirements. In addition to that, they have a set standard and requirement that must be followed by them which ensure that they are at the top of their skill at all times.

A CPA South Orlando is integral to your business since they offer your business much more than a normal accountant would do. They are able to do multiple tasks which ensure you can achieve multiple objectives by hiring just one person.

If you need more information about our South Orlando, FL accounting and tax services, please contact us at 407-502-2400. Freedomtax Accounting’s staff has been providing honest accounting services and tax services for almost 20 years. Our tax accountants and IRS enrolled agents (irs ea) specialize in corporate accounting and bookkeeping, tax services, tax preparation, back taxes help, tax debt relief, tax resolution, tax planning, itin number, incorporations, and non profit 501c3 tax exempt. (Freedomtax’s accounting and tax professionals are NOT CPA’s. CPA services provided by third party provider.)