What To Know When Hiring A CPA

Whether you have your own business or simply need help during tax season, a certified public accountant service can be very helpful. Certified public accountants, or CPAs, can help you with your personal or business financial needs; however, these services do come at a cost. When hiring a CPA it's important to know what services you need in order to make sure that you hire the right professional for your particular requirements. Here are three things to consider when hiring a CPA:

The Services You Require

The first thing that you should consider is what services you need. CPAs can do more than just help you with your taxes. Many CPAs offer financial planning services, investment advice, estate planning, and more for their clients. In terms of businesses, CPAs offer tax preparation services, they can help develop accounting and payroll systems, consulting services, and much more. Whether you have a small business or a large business, hiring a CPA can help business operations run smoothly. Determining what financial services you require will come in handy when you are searching for a CPA.

What to Look For

When hiring a CPA it's also helpful to know what to look for in terms of education and professional experience. In order to become a CPA there are a few requirements that must be met, including a passing score on the Uniform CPA Exam, a bachelor's degree, 150 semester hours of formal education, and one year of experience under a licensed CPA. These requirements must be met in order for a license to be granted. Licensing requirements do vary from state to state, so it's important to hire a CPA who is licensed in your state and who has professional experience with the services you require.

Costs Can Vary

The cost to hire a CPA can vary greatly depending on what services are required, the experience of the CPA, and even the location you are in. In most cases you can expect to pay somewhere between $150 and $400 per hour for the services of a CPA. An individual hiring a CPA for tax preparation can usually expect to pay somewhere between $200 and $250. While hiring a CPA can be pricey, they can also help you or your business save money in the long run.

Whether you have a growing business or need help with your personal finances, hiring a CPA can help. When hiring a CPA it's important to find one who is licensed in your state and who has experience in the services you require. When looking for a CPA it's also important to keep the services you need in mind. Costs can vary depending on your needs, but most CPAs charge between $150 and $400 per hour. For more information, contact companies like Burkhart Peterson & Company.