2 Points to Consider While Choosing an Accountant

2 Points to Consider While Choosing an Accountant

Your cannabis business needs a team of professionals whom you can rely on. Like any other professional, you’ll need a Marijuana accountant, is essential for the success of the business. He can be a huge asset to your business.

Hire the Right Professional You should hire the best professionals for the job and know the difference between the skill of CPA, the bookkeeper and an Enrolled Agent.

 CPA- They are certified professionals, and they are licensed as well.

Only they are authorized to audit financial statements and provide assurance that the statements may be relied upon by the third parties.

 Bookkeeper- Their role is to review all the business transactions and then assemble it to make it more useful. They may also prepare tax returns and other government filings.  Enrolled Agent- They can prepare the tax returns and represent the client before the IRS.

Qualities to Look For When you are hiring a professional, you should look for honesty and diligence. If he doesn’t respond to you, takes shortcuts o has no understanding of the legal entities; he isn’t the right professional for you.

In the End While choosing a Marijuana accountant, you should pick one that has a robust professional network.