How Can a CPA in Kissimmee Help Your Small Business

Every small business in Kissimmee is in need of accounting services for handling their financial matters and for providing guidance. For your business needs, you should prefer hiring a certified public accountant (CPA) in Kissimmee instead of an accountant.

Here’s why:

Difference Between Accountants and CPAs

While most people tend to use the words interchangeably, there is a fine line between accountants and CPAs.

An accountant is used to generally refer to a financial or tax professional. They follow rules and regulations and can do a number of tasks including preparing taxes, prepare financial statements and more.

A CPA is a qualified and certified accountant, who has passed licensing examinations and has obtained certain work hours. A CPA has a broader scope of work with expertise in a variety of areas.

Benefits of Hiring a CPA

Hiring a CPA in Kissimmee can benefit a small or single-person business in a number of ways which include:

Licensing

Unlike accountants, CPAs are licensed professionals who stay updated with tax laws for maintaining their license. CPAs go through rigorous examinations which cover financial and tax aspects and have a requirement to continue with education even after obtaining the license.

These set standards and requirements are not followed by accountants. Hiring a CPA in Kissimmee, you can stay assured that you are entrusting your financial matters to a qualified and expert professional.

Taxes

Using the services of a CPA, you can ease of your taxing worries. CPAs are well-aware of tax laws as knowledge of the tax code is a major part of their licensing exam. There are even CPAs who specialize in small business taxes and take courses each year to stay updated on the tax code.

Your CPA in Kissimmee can even represent you before the IRS. Accountants on the other hand are less familiar with tax laws and as only ‘un-enrolled preparers’ in front of the IRS.

Financial analysis

Being licensed professionals, the financial and tax advice being given by a CPA is a more reliable source than that of book keepers and accountants. A CPA will be able to provide you a more comprehensive and detailed analyses for your financial matters, helping you make informed decisions way more easily.

Audit support

CPAs can have the authority to represent you in front of the IRS in tax audit, handle business taxes and execute your business claims. An accountant cannot do that and does more of the routine work. CPAs, having a greater work scope can analyze work and even take high-level decisions regarding taxes and the business.

A CPA in Kissimmee is a better choice as compared to an accountant. With the ability to do multiple things, hiring a CPA can be a worthy decision for the business in the long-run.

Help your small business grow by consulting with a CPA for managing the business taxes, reviewing and signing off your tax returns and, more now!

Questions? Please leave a comment below.

If you need more information about our Kissimmee 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.  (Freedomtax Accounting’s tax professionals and accountants are not CPA’s.  CPA services are provided by a third party provider)