With 2021 coming to an end, the tax season will soon begin. Small business owners will make their appointments to meet with CPAs to work on and submit their tax returns. Naturally, a good accountant will be able to file on time and do their best to lower their clients’ tax exposure and avoid audits. They also create financial reports at the end of the year and provide advice on estimated tax payments that should make during the year.
However, a great accountant can do much more than that. After all, he or she knows better than anyone just how successful a business is and, in many cases what a business can do better, including ways to boost revenue and cut costs, improve cash flow, manage inventory, and secure small business financing.
Accountant working with US tax forms
Above all, a competent CPA can help solve business problems. Never was that more evident than during the government’s…