So it’s time to file your taxes. For some people, this is a very stressful time of year because they haven’t found the right person to help them. Choosing an accountant is like walking into the lunchroom as a teenager, or trying to find the right mechanic—so many options, but not a whole lot of direction on where to settle.
Choosing an accountant isn’t an easy decision for anyone to make, so here are a few pointers to guide you in the right direction:
Credentials and Practice Structure
Like most professions, accounting requires continuing education. Ask if the accountant regularly attends seminars and conferences to keep up to speed on the latest accounting trends. It’s also crucial to make sure the accountant has experience working with the IRS and everything that goes along with an audit. If you ever have to face an audit, having someone who knows the ropes is critical.
Does the accountant work alone, or as part of a larger team or firm? A solo practice accountant may not be able to give you the attention you deserve and could miss steps and make mistakes in the process. Finding someone who works on a team is a good safeguard for everyone involved.
For most of us, accounting is complex and very often, confusing. Choosing an accountant who can speak clearly to you in terms you easily understand is essential. One of the best tests for determining if an accountant is right for you is to ask some typical accounting-related questions. Here are some common ones:
- Should I file with my spouse or file separately?
- Can I deduct my home office if I work from home several days a week?
- What are quarterly estimates and how do I know what to send in?
Do you understand the answers you’re getting? Does the accountant speak in terms you can easily understand? Does he or she connect with what you are trying to ask? If you can’t understand the language around these simple questions, imagine what it’s going to be like when you are talking about more complex topics!
Finally, when choosing an accountant, make sure the person with whom you are entrusting your finances and accounts is someone you can connect with on a personal level. If you’re going to work together, there needs to be a foundation of comfort and trust between you and your accountant. Listen to your gut: if it’s not a good fit, find someone else.
Choosing an Accountant in NH
Whether you’re looking for personal tax assistance, bookkeeping, or accounting services, the professionals at Tax Services of Londonderry NH will give you the attention and expertise you deserve.
Contact us today to learn how we can help you save time and money.