When it comes to being one of the best CPA near me, we have all the information you need. If you find yourself asking a lot of questions to your accountant, we have all the answers here! We are SmarTax, LLC. We consider ourselves one of the best accountants near me. 

 

Questions We Often Get Asked

  • How can you help me clamp down on my cash flow?

    • Properly protecting your business’s cash flow is as essential as creating an effective mission statement and living up to it. Tedious, detailed flow projections aren’t easy to wrangle, but that’s what you have an accountant for. Your accountant should be able to help you develop an organized, effective cash flow model that allows you to adjust your operations in ways that help you survive shortfalls, as well as improve receivables and manage payables.

  • What is my break-even point? 

    • Your account should be able to analyze a number of metrics to calculate whether your business is making a profit or a loss. Knowing your break-even point is crucial to determining your business’s pricing structure and profitability. Once your accountant helps you identify yours, you should have a strong estimate of how many products or hours of service you have to sell to cover your costs.

  • Can you assess the overall value of my business?

    • Your accountant should be up to the task of estimating your company’s fair market value in excess of your tangible assets. He or she should start by examining your financial plan and then execute a discounted cash flow (DCF) analysis, a common but effective valuation method. 

  • Can you help me review and negotiate business contracts before I sign them? 

    • This is a common question for accountants, one that’s probably better to ask your attorney.

  • What are some special considerations for my particular industry?

    • Businesses in different industries come with their own unique accounting issues. Your accountant should be knowledgeable about the various ones that specifically apply to yours. For instance, if you own a startup that builds wearable tech, your CPA should be well-versed at identifying tax opportunities specific to the emerging technology industry, like potential R&D, facilities and training tax credits, as well as applicable manufacturing and sales tax exemptions, etc. 

  • What are some common mistakes that I should avoid when working with you?

    • Not being 100 percent honest with your accountant is the worst mistake you could make. The truth will come out, either in the planning stage or in front of the IRS auditor. The whole point of hiring an accountant is for their expert advice. Thoughtfully consider it, then use it to make reasoned, balanced judgments.  

 

We Are The Best CPA Near Me

We provide tax preparation for individuals and small businesses. We pride ourselves in preparing your return quickly and accurately. Customer satisfaction is our number one priority. At SmarTax, you’ll get professional, quality service, at a reasonable price.

 

Call The Best Accountants Near Me 

 

When it comes to “cpa near me,” we are the experts to trust. It is very important to know these important factors when it comes to taxes. It is all part of tax preparation. We are here to help, especially when it comes to an understanding of small business accounting. SmartTax, LLC in Pembroke Pines want to ensure you are ready and informed when it comes to your bookkeeping services. Call or visit our experts today for more information on our payroll services. We take pride in being one of the “best tax accountants near me”!