The first licenses for CPAs in the United States were passed out in 1896 after standardized testing became common in the trade. The standards of the profession were first officially recorded hundreds of years previous by Luca Pacioli in 1494. As in its past, the laws and methods of accounting have shifted and changed with the times. There are now over 600,000 licensed CPAs in the country working hard to keep America’s businesses honest and profitable.
A simple trip to the IRS website will explain clearly why accounting services are so important to taxpayers. The system is confusing at best and simple mistakes can cost thousands of dollars, both in lost deductions and fines for unreported income. Tax laws change every year and the government is not going to keep you updated. Those changes are your responsibility to know. For business owners, particularly small businesses who cannot afford accounting departments of their own, a CPA’s services can mean the difference between the ultimate success or failure of their business.
When you hire a Tax Preparer in NYC you are able to take advantage of their knowledge for so many things beyond just tax filing. You can receive help with your daily, weekly and monthly forms, paperwork and ledgers. They can provide investment advice, help with estate planning and retirement plans. Their help is invaluable during delicate business transactions like mergers and acquisitions. The list of their many potential services is lengthy. Probably one their most important services is the representation they provide in the event of a tax audit.
For the protection of your future, your wealth and your business it is imperative to develop a good relationship with a qualified, talented CPA. Once a relationship is established they will be able to offer you all of the financial advice you will ever need to keep you safely in the black.
C York CPA is a Tax Preparer in NYC who offers a full array of accounting services. They work to meet all of their client’s needs in an environment of confidential professionalism. Whatever your personal or professional needs are, they will establish a system that provides you the best service possible.