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If your financial problems have reached the point where you do not see a way out and you feel as though you are drowning in debt, your best way out is through declaring bankruptcy. Filing may well allow you to get your finances back on track
Why choose a CPA for your
business and personal needs?
What distinguishes a Manhattan CPA
from other accounting professionals is the lengthier education process that
they endure and the stricter licensing regulations that are required. However, the key benefit to choosing a CPA
for your accounting and tax needs is the fact that they can communicate with
you in a manner that is understandable.The biggest benefit to choosing a Manhattan CPA is the fact that
they are very knowledgeable of the economics of the area and can relate better
with clients compared to a CPA from out of the area. The problem is that there are so many CPAs
to choose from in Manhattan, as well as New York City, that the
selection process can become challenging and even frustrating.
How to choose the right CPA
Remember that assisting you with your business and personal taxes
is not all that CPAs are skilled at doing.
The ideal Manhattan CPA can assist you with a variety of tasks including
the following:
- Accurate advice regarding your system of accounting
- Partnering with your professional team such as with
your attorney and banker
- Planning advice for your estate, financial,
retirement, and taxes
For the purposes of helping you with
the decision-making process, the following is a list of suggestions on how to
choose a Manhattan CPA:
Figure out what you need
that CPA to do although all Manhattan and NYC CPAs have to meet the
same regulations and requirements here throughout the state of New York, they
all offer different services when you are comparing one to another. Make a list of what your business and
personal needs are before you start your search.
Get recommendations for
local area CPAs start by contacting your Manhattan Chamber of Commerce
and inquire about CPAs that are members.
Additionally, its a wise idea to talk with other business owners as to
the CPAs they use.
Apply the 60% rule search for CPAs
whose client base is comprised of at least 60% business owners such as
yourself.
Begin the interviewing
process this is a must.
You can additionally compile a list of 3-6 experienced Manhattan CPA that peak your interest and set up appointments and interviews with each
one. Make sure that you bring at least
your prior years business and personal tax returns and other business
financial documents. Inquire about their
amount of experience and how long they have been in business, in addition to
seeing their credentials. Additionally,
obtain a rate sheet from them as well so you can compare them across the board
with other CPAs.
Look for a CPA that will
work around your schedule find out if the CPA you are
interviewing can accommodate your schedule.
Remember, they need to work according to your schedule not theirs.
Make your final decision weigh all of the
above criteria against one another in order to choose a Manhattan CPA. Take your time and dont rush into anything
because you may regret that hasty decision down the road.
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