If You Own Your Own Business, You Need an Accountant

Published January 18, 2013 by
Tax
Tax (Photo credit: 401(K) 2013)

With tax rates rising, and the tax code becoming increasingly more complex, you are throwing money down the toilet by not hiring an accountant.

All entrepreneurs aspire to have their own company, so if you aren’t there yet, you will be, so be sure to read this article.

Accountants will help you write off your expenses and setup your business so that it pays less taxes. I can’t go into the details of how they do this since I’m not an accountant, but needless to say all you need to do is a little simple math.

If you pay your accountant $1000 per year to do your taxes.

And they save you $1500 per year in paying taxes.

You win by $500.

This simple math is what you should bring to any prospective accountant. Tell them what your general expenses are, how much tax you paid last year, and then have them make you an offer you can’t refuse.

For some special situations, you may even benefit from a tax attorney, checkout this link for a list of some recommended professionals.

Enhanced by Zemanta
We are compensated for reviewing and featuring items on this blog. For more information on our full disclosure policy, please visit this link.

About This Site

I've started 100s of sites...

Over the past 12+ years, I've made millions from websites built on Wordpress. I started off just like you, with no technical experience, but an idea to make something great.


Now, I'm sharing with you my Free Beginners guide that shows you exactly how to launch your own website in under 20 minutes.

Get My Free Guide