1 minute read

Hiring a good Tax Advisor will help your company's efficiency

• A good tax advisor should be able to offer advice on how to structure your business so that it functions as efficiently and profitably as possible within the confines of federal, state, and local regulations. A professional can help you with compliance and planning. They can also help you save money, especially if you're not an expert in this area.

• There are many ways to find a good tax advisor. Here are some tips:

Advertisement

• Ask friends and family for recommendations. If you have a large network of mutual friends, ask them if they know anyone who works at a large accounting firm or in another industry that may specialize in taxes for small businesses like yours. You could also try asking your accountant if they know of other accountants willing to work on your behalf (which will save you money). It is one of the most effective ways to find a good tax advisor, but it's also one of the most time-consuming.

• Look for an experienced tax professional with experience working with startups and small businesses like yours. Make sure that whoever's helping out understands how much time they'll need from each client, so no one gets left out due to a lack of knowledge.

This article is from: