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Choose an Accountant Wisely

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Posted by VNicks on September 4, 2011 at 11:34 pm

Hiring an accountant? Choose wisely!

Many small business owners hand over finances and taxes to their accountant blindly. When something goes wrong, they’re utterly flummoxed – the accountant should have handled it, right? Not necessarily. Accountants are human beings just like everyone else. They have specialties, and gaps in experience, and some are even not very good at what they do. (Someone’s got to graduate last in the class, right?) So what’s a small-business-owner to do? Do your homework, and don’t pick an accountant (or a doctor or a lawyer or a plumber) out of the phonebook.

  • Ask around, get referrals from your networking buddies. Chances are, they’ll be able to refer you to a great accountant.
  • Choose someone who specializes in small business or self-employed individuals, depending on your situation. He or she will know all about the best deductions for your situation.
  • Google is your friend – check out the accountant for consumer complaints, blog rants and any other information that might indicate a lack of experience, professionalism or competence.
Once you choose an accountant, don’t bury your head in the sand. Ask questions, follow up, and keep tabs – don’t expect your accountant to be perfect, and don’t forget: It’s Your Money!
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