Small Business Accountants Gold Coast by TW Accounting

Here at TW Accounting we pride ourselfs on being the best accounting firm gold coast.
 

7 Things to look for when hiring an accountant for your business.

1. Professionalism

Your business accountant is one of the members of your business team who will be representing you in front of the ATO if the time comes, so its essential that they follow the same levels of professionalism that your company portrays. The same can be said in reverse if you're a trade business, or only run your business in a more casual manner, then you don’t want to have a corporate style accountant in your corner because your values won’t align on many matters. Being Gold Coast Based, we recognize that our clients do business in a more relaxed way, so while maintaining the highest levels of quality, we do the very same thing.

2. Referrals

As a small business owner, your accountant has the power to make or break your business. If they do a great job, you’ll find your profits soar and your tax bill drop. However, if they aren’t a good tax agent gold coast, then you could find yourself in all sorts of trouble. It's always good practice to check reviews & referrals from previous clients before hiring any accountant to help your business.

3. Qualifications

As with most fields, there are several different levels of qualifications that accountants can receive, and this has a dramatic impact on what they can do for your business. levels are: Basic accountant - They have completed a university degree, and have the ability to do basic accounting needs, but can not recommend or submit on tax matters CPA Gold Coast - A Chartered Public Accountant, or CPA, can offer more detailed advice in the matters of investments, taxes, mergers and acquisitions for your business. Tax Agent - A Tax Accountant can submit taxes, and work as your point of contact with the ATO.

4. Costs

Fees that you’ll pay your accountant can vary widely depending on the service and internal structure of the business. For example accounting firms will charge more than individual accountants will because of the extra overheads that they have as a business. If you’re looking for small business accountants, then look for a sole operator who has low business overheads, as they’ll make your price more affordable.

5. Reputation

Your business, success, and profits are on the line, so you want to ensure that your accountant has an excellent reputation. Accountant Gold Coast Reviews are an excellent way to determine who is the best accountant in your region. By working with the best, your business will get the best.

6. Experience

Experience is another major factor you should look at before choosing your Accountant. For example, if you’re looking for tax return Gold Coast, then you’re going to need a far less experienced accountant than if you’re structuring a corporate merger. Regardless of what you’re looking for, always ask them how much experience they have in the field and how many clients they’ve helped.

7. Ethical approach

Although your client submits taxes on your behalf, it's ultimately up to you to ensure information is correct and accurate when you’re hiring an Accountant Gold Coast. This is why it's important to get a very clear picture of the ethics and level of risk that your accountant is happy to take, and ensuring that it matches those of your business. If you follow these 7-steps, you’ll find yourself with the right accountant for your needs.