Most of us at some point in our lives will have the need for an accountant. And most of us spend more and more time on the Internet. So wouldn’t it be wonderful to combine the best of both, and find a full service certified public accounting firm that can offer clients audits, tax assistance, and consulting for other financial needs, all online? One that has the vision to continue to grow with the needs of its clients?
Is this legal? Affordable? Preferable to using a “brick and mortar” based firm? The answer to all three is yes. Online certified public accountants undergo the same training as their “non-virtual” colleagues. They hold degrees in accounting and business degrees from board certified colleges and universities, and have taken hundreds of hours of classes in tax code and analysis and ethics among many other courses. Fees offered for the services of such companies are comparable with those charged by “conventional” ones, and often lower. And since clients can contact and communicate with these companies with a few clicks of a button from their home, even more savings can be achieved by using such an auditing firm.
But like all businesses, not all online accounting firms are the same. So when shopping for such a company, potential clients should look for one whose accountants bring expertise, personal service, and energy to all work undertaken for clients. A company with a specialized staff that can assist clients with auditing, accounting taxation, IRS problem resolutions, estates and trusts, and financial planning and investments, among other accounting issues.
More specifically, while “do it yourself tax returns” are heavily promoted, today’s tax forms are hopelessly complicated, and become more so all the time. Because of their complexity, it’s easy to make errors or miss potential refunds on them. But professional accountants can bypass confusing pitfalls on these forms and help find maximum refunds, making using them especially helpful for independent business people. They can be shown how to reduce payroll withholdings and tax liability, freeing up more money to go right back into their business.
An online accounting firm can also conduct formal audits for a company, using inspections, interviews, and analysis to determine its financial health and credibility. Online accountants can also provide companies with general bookkeeping services, as healthy company records often eliminate the need for audits and tax problems.
And a full service online CPA firm can also assist clients with estates and trusts, financial planning, and business formation, in addition to offering other types of finance related consulting. So clients looking for all the services of a traditional accounting firm without the discomfort of traveling to an office, are advised to consider an online one
So look for an accounting firm website for help.