Monday, September 21, 2020

How to Choose the Right Accountant for Freelance Workers?





Need some help with income taxes for freelance workers? Well, an expert accountant for freelance workers can help. However, choosing one is not an easy task. There are so many accountants out there that you can easily get confused about which one to choose! 



In this blog post, we will look at the four key tips to help you choose the right accountant. 

1. Check Certification 

The first step is to look for a Certified Public Accountant, “CPA.” To become a CPA, one first needs to have a Master’s degree in Accounting. The next step is for one to obtain licensing from the state. A valid license means your CPA has the above mentioned education level, has passed the necessary tests for licensing and has been endorsed by a longstanding CPA - all of which are proof of adequate accounting skills and training. 

2. Expertise 

The next step is to look for expertise. Not all accountants are the same: some are experts in managing taxes for regular employees, some are experts in income tax preparation for creative entrepreneurs, while others are experts in managing the accounts of big firms. If you are looking for an accountant for freelance workers, then look for an accountant who deals with freelancers and has expertise in freelance and/or small business taxes. 

3. Experience 

Industry experience teaches things to a professional that textbooks can’t. Therefore, it is always recommended to look for an experienced accountant. Such a well seasoned accountant knows the income tax laws inside-out and understands how to deal with the IRS on complex issues. 




4. Reputation 

Last but not least, the reputation of an accountant also matters a lot. You can get a good idea of the reputation of an accountant by reading their online reviews on reputed web directories. A strong accountant has positive reviews, good ratings and continuous recommendations from clients. Also, ask your accountant about their client retention rate and for references, if any. 

So, these are our four simple tips to choosing the right accountant.

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