When should I contact an accountant?

As soon as you start to think about your business, an accountant can help you take the next steps. We can discuss your business’s organization, tax purposes and operations, along with target pricing and profit margins.

What is the advantage of an Enrolled Agent?

An enrolled agent is a person who has earned the privilege of representing taxpayers before the Internal Revenue Service and have been tested and trained in tax specific matters. Enrolled agents, like attorneys and certified public accountants (CPAs), are generally unrestricted as to which taxpayers they can represent, what types of tax matters they can handle, and which IRS offices they can represent clients before (irs.gov). They are tax advisors, who are federally authorized tax practitioners empowered by the U.S. Department of the Treasury and have a federally recognized designation.

What is the difference between an Enrolled Agent (EA) and a Certified Public Accountant (CPA)?

An Enrolled Agent (EA) is specifically trained in tax matters. All education and exams (three in total) are focused on the Internal Revenue Code (IRC), ethical conduct, and security protocols. An Enrolled Agent is able to work in all 50 states, as it is a federal designation. A few Enrolled Agents have acquired their designation through working for a period of time with the IRS, however, most acquire it through education and intensive exams.

A Certified Public Accountant (CPA) is trained in all four areas of accounting such as tax, cost accounting, and audit, and may practice in any one or all of these areas. Licensing for a CPA is state specific and exams must be repeated in each state to hold a valid license in that state.
Both professional designations, for the public sector, have at least a 4-year degree and have passed their respective exams. Both professionals also have the right to represent their clients before the IRS on tax matters.

What are my options for making the most out of my money?

Get some impartial advice from an accountant before you consult the bank. A bank will want to see a strong business plan and organized records. Let us help you get ready for your business’s next step!

How can I know which accountant is right for me?

Does your accountant return your calls? Do you feel comfortable asking them a question? Do you feel heard? With the right accountant, the answers should be a resounding “Yes!”