Small Business Accountant Keith Huggett, founder at Next Level Accounting in Roseville, CA, has just revealed how a CPA firm can help the growth of a small business. For more information please visit http://nlati.com
Roseville CA, United States - April 24, 2018 /MM-REB/ —
In a recent interview, accountant Keith Huggett, founder at Next Level Accounting in Roseville, CA, has just revealed how a CPA firm can help grow a small business.
For more information please visit http://nlati.com/
When asked to comment, Huggett said, “Most small business owners are faced with the decision of whether or not to outsource their accounting needs at some point or another. Hiring an experienced CPA will help save your business money and encourage growth in the long term.”
One important way that CPAs can help small business owners improve the financial health of their company is through identifying cash flow patterns.
When asked to elaborate, he commented, “CPAs can use cash flow patterns in two ways to help small business owners. The first is that they can pinpoint the causes of any cash flow problems, which is an issue in nearly every small business.”
CPAs, according to Huggett, provide advice on how to increase cash inflow in a specific area or how to avoid future problems by producing cash flow projections.
He added, “The second way is that CPAs can identify potential growth areas by analyzing cash flow patterns. With this knowledge, small business owners are allowed to make better decisions about future investments and grab a bigger share of the market.”
Another important service offered by CPAs is tax preparation and filing.
“Many smaller companies have several tax deadlines throughout the year, which leads to IRS penalties if not met on time. When hiring a CPA firm, small business owners can rest assured that their taxes will be accurate and filed on time,” he said.
“CPAs also take their taxes services a step further. In addition to filing, they also devise tax plans tailored to your small business that will allow you to maximize tax savings. This money that you save can then be applied toward revenue-raising operations,” Huggett commented.
He added that CPA firms act as consultants on other tax-related issues to ensure their clients stay compliant and avoid trouble with the IRS.
“The tax code can be tricky, particularly when it comes to payroll. For instance, a small business owner might not know whether or not to classify an employee as an independent contractor or a full-time employee. A CPA will advise accordingly and provide the necessary tax forms,” he said.
Source: http://RecommendedExperts.biz
Contact Info:
Name: Keith Hugget
Organization: Next Level Accounting
Address: 983 Reserve Dr, Roseville, CA 95678, USA
Phone: 916-960-9800
For more information, please visit http://nlati.com/
Source: MM-REB
Release ID: 335434
