Characteristics of a Good Accountant in Orlando

Should you appoint an accountant in Orlando for your business purposes or should you not? Doing so would reduce your burden because you would not have to handle so many tax issues. Moreover, the process would also be simplified since an accountant has more knowledge and experience than you do.  Even if you have set up your business at a small level, you might need to avail the services of a reputed accountant in Orlando.

Accountants in Orlando can be in – house or offer your their services externally. Depending on this, they may charge you by the hour or may ask you to pay a fixed amount every month.

There are many accountants out there, but not all of them would be able to serve your needs or offer you quality. So how do you select an accountant that would cater to what you want? If your chosen accountant in Orlando has the following characteristics, he should probably be a good choice for your company.

He should understand financial and managerial accounting

There are a lot of companies in which accountants focus on only debits, credits and other basic concepts of financial accounting. The bookkeeper records all the cash flows and the accountant uses these to prepare the financial statements as well as the daily financial transactions. These are then passed on to the CEO or any other person who heads the company.

The issue here is that accounting is more than this, and any good accountant in Orlando would know this. As such, the financial statements which are prepared should be such that they can be further used for cash management, budgeting and other financial plans. So instead of focusing on just a financial accounting, importance should also be given to managerial accounting and any good accountant would do that.

He is skilled in tax preparation

A qualified accountant in Orlando is skilled in tax preparation, and does it such that you pay the least possible amounts in taxes while enjoying the maximum possible refunds. An in – house accountant will never be as good a tax expert as a Certified Public Accountant or CPA. Hire them so that your tax process becomes simple and you return gets processed quicker.

Bear in mind that not all CPAs are experts in managerial accounting, but a lot of them would be. Make sure you pick the right one.

A good accountant in Orlando is experienced

Every accountant in Orlando has many clients. While some of them focus on many industries, others only provide their services to a specific sector. When you interview other candidates, you consider experience and the same should be the case when you hire an accountant in Orlando. But you should not just appoint any accountant who has experience, you should hire an accountant who has offered his services to other small businesses.

As a rule of the thumb, if 60% of the clients are small businesses, the accountant would have enough experience to serve you well.

If you need more information about our, Orlando 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 15 years.  Our Orlando accounting and tax firm has its main offices in Kissimmee, FL.  Our services are provided nationwide, but mainly in the Central Florida market to areas like Orlando, South Orlando, Kissimmee, St. Cloud, Poinciana, Clermont, Davenport, and Hunters Creek, FL.  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 numbers, incorporations, and non profit 501c3 tax exempt status applications.