Talk to a CPA When Starting a Business
Congratulations on deciding to start your own business! I bet you have tons of time to research and become compliant with payroll, sales tax and income tax filings. You also know how to interpret the financial statements that you will be creating on a monthly basis so that you know just how profitable your business is, right?
Most entrepreneurs do not include those tasks when dreaming of their new business. They do not usually have the time, desire or know-how to keep up with these tasks either.
That is where your CPA enters the picture. Your CPA does all these things and has the knowledge to keep you on the path to compliance so that you don’t find yourself running afoul of the taxing authorities.
A CPA can translate your bank, PayPal and credit card statements into financial statements. A good CPA will also help you to interpret those numbers to see where you can make changes to increase income or minimize expenses to improve your profitability!
We can also take care of the mundane tax filings that are necessary so that you can spend your time doing what you love – focusing on your new business without worry!
Honorine Campisi, CPA