More About Small Business Taxes
More About Small Business Taxes
How can you find a trusted and talented CPA tax accountant out of thousands in Fort Collins? And why is reputation so important? For one thing, tax duties are serious, and it can take too much time away from your business. Imagine the paperwork, financial analysis, money matter to settle for a clean tax record, financial decisions you have to make at the last minute, debts, and the list goes on. If you are not a tax expert, completing the task may seem impossible.
For a business, these are important matters that need special attention. Thus, the need for hiring the best CPA tax accountant. But how can you be sure you are picking the right person for the job?
We have tips to help you better understand how to find the best accountant for your situation, and information on the various small business tax services that we offer, which will help ease your financial burdens.
More About Small Business Taxes
How can you find a trusted and talented CPA tax accountant out of thousands in Fort Collins? And why is reputation so important? For one thing, tax duties are serious, and it can take too much time away from your business. Imagine the paperwork, financial analysis, money matter to settle for a clean tax record, financial decisions you have to make at the last minute, debts, and the list goes on. If you are not a tax expert, completing the task may seem impossible.
For a business, these are important matters that need special attention. Thus, the need for hiring the best CPA tax accountant. But how can you be sure you are picking the right person for the job?
We have tips to help you better understand how to find the best accountant for your situation, and information on the various small business tax services that we offer, which will help ease your financial burdens.
Tax season is a stressful time of the year for many small business owners. Just the thought of tackling all the paperwork and combing through your budgets can make you lose sleep. However, one way to push through this season is to hire a tax CPA. By hiring the right accountant, you get a professional set of eyes to look over your tax for you and help you understand your finances.
One client in Fort Collins saw the difference a CPA who specialized in small businesses made in his pocket! He started with $22,000 a year and to $170,000 a year through our small business tax CPAs. With Steven J. Wick and Associates, P.C, we don’t only study your financial statements but also offer viable solutions and help set future goals to let your small business grow exponentially. Learn more as we share this inspiring story of small business growth through our CPAs at Fort Collins
Getting Help from a Small Business Tax CPA
As a long-time retail business owner, our client was frustrated with his small business. He never understood or saw any changes from his accountant, who only showed up around tax season to tell him he owed much more than he thought.
He had never earned more than $22,000 in a year for over 15 years. He was not happy with this amount, and his family was struggling. Eventually, the struggle came to a head when his wife needed to return to work to make ends meet (which NO ONE in his household was happy about, but especially his wife).
Thinking there had to be a better way, he reached out to Steven J. Wick and Associates, P. C. asking for help and advice. The team of small business tax specialists, headed by Steve Wick, CPA, were very keen to understand what problem was keeping him from bringing home what he deserved.
After a deep dive, with all financial issues laid out on the table, there was a clear path of opportunity through revisiting his small business taxes and making some business adjustments. And these seemingly small changes made over $100,000 worth of difference.
The Success Story of This Small Business Owner: How Hiring a Tax CPA Helped Him Earn $170,000 a Year
After hiring Steven J. Wick and Associates P.C., the client and our team of tax CPAs had several meetings to discuss everything about their business. The client was asked about their business’ current situation, their products, their knowledge of their industry, how they keep up with their knowledge, and their plans moving forward. Knowing the client’s business in and out and going beyond the numbers made a difference, which led to our tax CPA’s action plan.
With years of accounting experience and knowledge of the client’s situation, our small business tax CPAs and accountants offered him solutions by:
- Saving tax dollars by forming an S Corporation
- Teaching the client how to read financial statements
By providing the client custom-tailored tax solution for his small business, within three years between his paycheck, net rent, pension, and dividends he was getting from his business, he was able to earn about $170,000 a year.
Why You Should Hire A Small Business CPA for Your Small Business Taxes in Fort Collins
This client’s story is only one of the many stories in which a client has finally achieved success by finding the right help for their small business’ finances. If you can relate to this story and you are tired of feeling like you are losing money during tax season, consider hiring a CPA.
Besides your small business’s tax needs, there are other reasons why you should hire a CPA:
- CPAs can help you maintain and review your books for your business
- Help oversee payroll and payment processing
- Offer business consulting services that provide you with the information you need to make smart and legal business decisions.
In addition to the services they offer, hiring a CPA also saves you time and stress down the road. Just knowing that an expert handles your finances can take the burden off your shoulders, giving you time to focus on other parts of the business. Ultimately, having a CPA as a part of your team is one step closer to success.
What to Expect from Small Business CPAs
Sometimes, hard work is not enough, and putting in hours of work will not save your small business if you don’t know where to look for the problem, such as in this client’s situation who had 15 years of work experience. At this point, hiring a CPA is a sound choice that will help you lessen all the responsibilities on your plate and help you become more organized in managing your business.
A CPA will provide you with an action plan and break-even analysis that are essential in taking the right steps for the future of your small business. They see to it that you are eye-to-eye in terms of your business and they will thoroughly check all aspects of your business. CPAs will help you grow your business and help you utilize your business and take it to the next level. Moreover, our accountants at Steven J. Wick and Associates, P.C. offer exceptional financial advice.
Hire A Small Business Tax CPA in Fort Collins Now and Save Money on Your Taxes
One of the most important things you can do for your business is to know when to enlist help from a professional. This client’s life took a full 180, and he was able to earn $170,000 a year for the first time in 15 years, only by hiring a CPA. Aside from his earnings, he was also able to examine his financial statements to maintain his business’ fiscal health.
If you are a small business situated in Fort Collins, consider hiring a CPA specializing in small businesses. Steven J. Wick and Associates P.C. understands that running a small business takes a lot of hard work and that crunching numbers is not as easy as it looks. With our tax CPAs, we can make your life a little easier by removing the stress you get from dealing with the accounting part of the business.
Let us help you grow your small business financially. We want to help give expert advice in improving your financial status from our CPAs. Contact us now at (970) 224-3366, and let’s get you started making the best financial decisions for your small business in Fort Collins.
