How a CPA Can Help During Tax Season
Tax season can be a stressful time for both business owners and employees. It can sometimes be difficult to know what paperwork is needed, what exemptions you qualify for, and all of the other million little things that go into filing. Luckily, hiring a CPA can make the process a whole lot easier.
What Is a CPA?
CPA stands for “Certified Public Accountant.” This means that all CPAs are some kind of accountant; however, not all accountants are CPAs. A COA must register with a special group, such as the National Association of State Boards of Accountancy or the UCPAA. Also, to become a CPA, an accountant must take the Uniform CPA Exam, have a degree, and work under a licensed CPA.
What Do CPAs Do?
There are a variety of CPA specialties, but for the purpose of this article, let’s take a look at what a tax preparation specialist CPA does. The main goal of one of these CPAs is to find credits and deductions to help customers get their maximum refund. They do this by looking into tax codes, expenses, mortgages, and anything else that might affect a person’s taxes. All one needs to do to work with a CPA is give them the necessary paperwork and they’ll do the rest!
If you get nervous about doing taxes or are simply confused about the process, consider hiring a CPA. Their accounting and tax knowledge are sure to save you a world of stress– and save money too!
—
This article is copyright © BlogWidow.com. Please do not reprint without permission.
Photo credit: Kelly Sikkema