When you run a business start-up, those first few months to years are all about nurturing it and helping it grow.
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What a CPA Is and Why You Need One
A CPA is short for a “certified public accountant.” They are professionals with a CPA exam certification and are licensed in the state where they reside.
I get the same question from the small business owners I approach all the time, which is “Does every small business need an accountant?” My answer to that question is “Yes.” It isn’t so much that you “need” an accountant, but using local Charleston accountants for your financial information can help take your business to the next level.
Often, when I approach small businesses, the number-one question that they have for me is what I do and how I can take their business to the next level.
Just like finishing a test in high school, there is a period of relief because our 2019 taxes are finally behind us, but then, a quick realization that it starts all over again.
One of the trickiest things for any small business that employs people is payroll. The good news is that you don’t have to muddle through it alone.
Most small businesses gave a sigh of relief when the tax deadline was pushed back due to the pandemic.
It is all about the numbers, right? Well, not really. When it comes to accounting for your business, not finding the right professional can land you in a whole lot of trouble, both financially and personally.
Often, the terms “bookkeeping” and “accounting” are used interchangeably, but although they have things in common, they are not actually the same. Both bookkeepers and accountants do one thing – they work with finances for small businesses.
As we collectively say a farewell that might not be so fond to 2020, we can all relish in the hope that the next year will bring health, peace, and prosperity.