4 ms·
A lawyer will advise you on legal and matters that involve liability. Accountants/CPAs make sure your finances are in order and that you do not have any local s
by grepfru_it 3y ago
A lawyer will advise you on legal and matters that involve liability. Accountants/CPAs make sure your finances are in order and that you do not have any local state or federal tax liabilities.
There is a small intersection but I would highly recommend a tax lawyer if you enter that territory (government sends demand letters about your tax liability).
I went with my personal accountant for my 500k-1m/year startup with contractors. They provided me a rep and they were responsible for ensuring my p&l and irs filings were accurate. I spent maybe 30 minutes a month with them, depending on how much travel I had. I would graduate to a real accounting firm if I needed someone to manage my employee expenses / needed healthcare providers.