5 ms·

Sounds like an opportunity. Especially since a bookkeeper could be anywhere in the world.

• nickff 5y ago
  It's tough to do bookkeeping or accounting for businesses in multiple jurisdictions, as tax and accounting laws vary, and mistakes can be very costly. In addition to that, accounting and bookkeeping are often regulated professions with various restrictions.
• ilamont 5y ago
  I'm sure some back-office bookkeeping functions can be offshored, but others cannot. For instance, in the U.S., certain tax filings and other types of official paperwork require businesses and individuals to give permission to authorities to contact CPAs directly. In addition, tax laws are also very local, including state regulations (50 U.S. states + territories) and sometimes municipal and county regulations. This requires a level of expertise that few overseas-based bookkeepers would be able to work with.
  • rietta 5y ago
    You are also paying for credibility even at the small business side. As an s corp owner buying a house was much harder than it would be for a normal w2 engineer. The letter from our cpa was priceless in the process.