The best CPA in Kissimmee will tell you that setting up your business is not a cakewalk, as you have to take care of several things before you can successfully run it. For instance, you have to make tax elections with the IRS, obtain your sales tax permit, obtain other permits and license for your jurisdiction, set up your employer account and EIN, and many more things.
This list of things you need to take care of before you establish your business can get quite overwhelming. You can lighten the load by giving the responsibility to handle all your tax related activities to a trained and professional CPA in Kissimmee. Along with obtaining the services of a CPA in Kissimmee, you will need to hire an attorney as well.
Why Hire Both a Kissimmee CPA and an Attorney?
CPAs have a vast range of knowledge on all types of financial matters, from giving you advice on the direction your business should take to preparing your taxes. You do not want to hand over your business’s financial details to an inexperienced person or do it yourself. You need to hire a CPA in Kissimmee to ensure that all the information is filled correctly in the tax forms.
The next person on your list to hire should be an attorney. On your hunt for a lawyer, ensure that they are educated in business transactions. If they are not, they will not be able to help you properly with your business. After interviewing several people, you need to make your selection. Once you do, you need to ask them questions.
What Should You Ask a Kissimmee CPA and a Lawyer?
You need to ask a CPA in Kissimmee the following questions:
- Inquire about tax planning and strategy
- Ask them for advice on different kinds of tax situations
- Ask them to provide you with the most favorable business arrangement based on taxes
You need to ask an attorney the following questions:
- Ask them to provide you with the most favorable business arrangement based on liability
- Inquire about contract review and formation
- Ask them for advice on different kinds of client situations
If you only hire an attorney, but not a CPA in Kissimmee or vice versa, you will not be able to run your business productively. You need the assistance of both a CPA in Kissimmee and an attorney if you plan to run a business smoothly.
You need the expertise of a CPA in Kissimmee when it comes to your taxes; whereas, you need the knowledge of an attorney when it comes down to understanding the legalities of heading a business. Regardless of the size of your business, you need both professionals by your side.
If you need the services of a CPA in Kissimmee or an attorney, remember to select one after you are completely satisfied with their responses. Since you plan on working alongside them for a long time, it is pertinent that you make the right decision of selecting the best possible candidate.
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, Hunters Creek, Lake Nona, Celebration, Winter Park, Windermere, Dr. Phillips, Maitland, Altamonte Springs, Winter Garden, Ocoee, Apopka, Belle Isle, Edgewood, and Oakland 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 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.)