Most people are semi-familiar with the term CPA in Yorktown. They know that a CPA is an accountant, but they are not sure exactly what types of tasks this professional handles. Here is a list of the three most common types of services that CPA’s offer.
Tax Accounting:
Tax accounting is not the same as tax filing services. A CPA in Yorktown who offers tax accounting services will not only complete your taxes during tax season, but also work with your throughout the year to implement strategies that will help you maximize the deductions you can take and minimize your total tax liability. Making certain financial decision can affect your taxes, and tax accounting can help you to make the decisions that will benefit you the most when it comes to filing your taxes.
Payroll Services:
Paying your employees is not as easy as it sounds. You have to determine exactly how much to pay each employee while properly deducting and setting aside money for taxes, medical expenses and Social Security. It can be time consuming trying to figure it out on your own. A CPA can help you set up an automatic payroll system, or handle your payroll for you, so you don’t have to worry about handling it on your own.
Financial Consulting:
The last service a CPA in Yorktown offers is financial consulting. If your business is not making as much money as you would like, or you would just like to get tips and tricks on managing the business’s finances, financial consulting can help. An expert will look over your company’s financial information and give you advice on what you are doing right and what changes you can make to make things better. This can help you earn more money in certain profitable sections of the company, know when to cut your losses on non-profitable parts of the company, and maximize your revenue throughout the entire company.
If you are in need of a CPA, consider Carmines, Robbins, and Company. For a complete list of services offered or to get their contact information, visit their website here: