Top Five Things To Look For When Hiring Accountants And Bookkeepers

There will probably come a time in your business ownership or management when you need to hire a trustworthy small business accountant. The value a good accountant can offer your business cannot be overstated. It’s one of the most important decisions you can make for your business.

However, given the importance of having a competent accountant as part of your team, the decision to choose an accountant or bookkeeper is something that should not be taken lightly.

So, to help you narrow down your search, here’s a list of the top five things to look for when hiring accountants and bookkeepers.

1. Maintains and organizes records

Managing your company’s finances can be difficult if you aren’t familiar with debits, credits, and recording transactions. That last-minute stress of trying to find a crucial piece of business can lead to missed deadlines and some small errors creeping through. For this reason, you will need to find an accountant or bookkeeper who will help maintain your books and handle the mundane daily or weekly bookkeeping duties.

At WD Accounting Services, our professional bookkeeping services help you to produce and maintain useful reports to make decisions. If you need help setting up your accounting system, maintaining financial documents, auditing your business’s books or financial statements, or creating financial goals for your company, we are here to assist you.

2. Keeps you prepared for tax

As annoying as it is, businesses have to file their taxes at the end of the tax year. However, with a bookkeeping professional to help you, you’ll have financial information ready for tax season, and the taxman won’t be breathing down your neck.

Our comprehensive corporate tax services are beneficial in tax management. With a thorough understanding of tax laws, we can prepare your tax returns quickly and accurately.

3. Experience

No matter what unforeseen obstacles may arise, a bookkeeper with years of experience can handle all financial aspects of your business. They will be well-versed in the field of small business accounting and prepared to handle the intricacies of business operations as well as day-to-day financial operations.

Our experienced CFOs are flexible in providing the financial vision of your business. They have gone through some rigorous courses and exams and are taking continuing education and professional development courses to remain certified, licensed, and on top of changing rules and regulations within the accounting landscape.

4. Quick response

To respond to the changes in the market, having real-time information regarding your accounts can be of great help. You can easily respond to the changes if you know the financial position, extent of resources, current expenses, etc., regarding your business. So make sure to find an accountant or bookkeeper who can provide you with simple, fast, and affordable accounting services.

5. Offers tax-saving solutions

In addition to the typical services many accountants or bookkeepers offer, you must ensure that your potential hire is comfortable with tax planning and/or coming up with a strategy to assist you and your business in regards to planning for the future and setting up an optimal structure to ensure necessary tax deductions are being utilized.

When you hire us, you don’t need to stress about the tax season. Our skilled and efficient tax team helps clients explore tax-saving opportunities and develop tax strategies.

If you’re looking for tax accountants and bookkeepers in Ottawa, Ontario, reach out to WD Accounting Services. We are a leading tax accounting and bookkeeping firm based in Ottawa, Ontario, specializing in bookkeeping, tax filing, and CFO services for project-based businesses, small businesses, and startups.

Our services are extended to clients across Ottawa, Arnprior, Chelsea, Casselman, Kemptville, Morrisburg, Smiths Falls, Carleton Place, and the surrounding areas.

Get in touch today!

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