How to Choose the Right Accounting Firm for Your Needs

by | Oct 2, 2015 | Accounting

As tax time comes around, it is important that a Salt Lake City business owner, such as yourself, has the right support system in place. The right accounting firm can make a big difference when it comes to tax success, and will help with taxes every step of the way. Since there are so many accounting firms in Salt Lake City, however, how can you know which is right for you? Read on to find out:

Choose An Accounting Firm That Specializes In Your Firms Needs

One of the things that you need to do when looking for an accounting firm is to make sure that the company you hire specializes in the type of taxes you need. For example, if you are self-employed and you are your only employee, it is best to hire an accounting firm that has experience working with self-proprietorships. This way, they will be able to get you the most deductions and allowances.

Don’t Choose the Biggest Firm in the City

Another thing that you should do when hiring an accounting firm is to make sure that you are not working with the largest firm in the city. When working with an accounting firm, the larger the firm, the less chance you will have of getting personalized service. So, to get the most out of your time and money, choose a small or medium sized firm, one that can afford to focus fully on your needs.

Work With a Firm With Experience

It is also important that you work with a firm that has a lot of experience, so always ask how long a firm has been in business before hiring them. The longer an accounting firm has been in business, the more experience they have, and the more likely they will be to handle your organizations taxes. Though longevity is quite important, also make sure that you are looking up reviews from past clients to see what other people think of the firm.

Work With a Firm That Has Good Rates

Finally, it is important that you choose an accounting firm that has good rates. Ask for a quote for services, and use this information as part of your decision. Not all firms will have the same rates for state and federal taxes, so keep this in mind, too.

Filing taxes can be a daunting task, but with the right firm working with you, you can be sure that your tax needs will be met. For more information visit Cook Martin Poulson, P.C.