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How do you know if you need a CPA?

Most small business owners know that an experienced CPA improves the health of their business by providing valuable accounting advice. It’s good to survive, but what if you want to thrive? Boosting your business to the next level takes more than a CPA. It takes a proactive CPA business advisor.

A CPA business advisor is a catapult for your growing business. They partner with you, year-round, to assist you in every phase of growth. They’re uniquely skilled to help you assess your business goals and make strategic, tax-saving decisions that make a big difference. Your CPA should be one of your best investments. Are you getting the most out of yours?

Key triggers for needing a CPA business advisor

  • Setting up a business
  • Currently owning a business, rental properties, etc.
  • Multiple sources of income
  • Inherited cash or property
  • Significant investments
  • Selling a personal residence or rental property (A condo for your college student, etc.)
  • Life changes
  • Owing back taxes

What does a CPA business advisor do?

Proactive CPA business advisors can help businesses analyze and improve their overall financial and operational position.

An effective CPA business advisor will:

  • Be a partner as an extension of your business
  • Watch trends and be well-versed in regularly changing tax law
  • Take the weight off your shoulders by managing bookkeeping and daily financial decisions so you can focus on your business

Understand your business plan and your business goals

  • Recognize what might be standing in your way or holding you back
  • Be available as your go-to resource for tax questions—anytime you need them
  • Help you understand your financial statements and manage your business wisely vs. gauging your business from your bank account
  • Get in front of financial decisions and explain alternatives and timing that can impact your tax liability
  • Work with you year-round, to proactively minimize your tax liability and maximize your business’s profitability

Do your homework

Too many CPAs see their clients only at tax time. That’s just too late. Looking in the rearview mirror to see what you should have done differently is futile. A CPA business advisor takes the time to meet with you consistently, so you make the right decisions before they cost you or your business money.

To find the right CPA business advisor for your business, it’s important to do your homework.

Make sure you find a CPA who:

  • Is equipped to be a business advisor and not just a tax return preparer.
  • Wants to meet, actively listen and understand your goals for the future.
  • Values a long-term relationship and is an accessible resource you can call anytime.
  • Doesn’t charge hourly. You need solid advice when you need it, without worrying about being billed every time you pick up the phone.
  • Is growth-minded and proactive about taking your business where you want it to go
  • Helps you paint a clear picture of your goals, financial position (corporate and/or personal) and possible challenges for the future.
  • Is willing to meet 2 to 4 times per year depending upon your needs

About Iota Financial

We know you want to be empowered to get your business to the next level. In order to do that, you need a partner with tax and financial expertise who can work with you to be proactive in the financial health of your business to help you make the best decisions for you and your business.

Owning a business can feel overwhelming. Business owners deserve to reach their full potential without feeling limited by what they don’t know.

We are your ‘business made easy’ button, that extension of your business that helps you rest easy at night because we manage the financial details for you and guide you proactively to achieve what success means to you.

800 Mount Vernon Hwy NE
Suite 350 
Sandy Springs, GA 30328
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