4 ms·
Accountants are like mechanics. You are only going to find a good one by word of mouth... and even then you have check to make sure that he fits your business.
by typicalrunt 14y ago
Accountants are like mechanics. You are only going to find a good one by word of mouth... and even then you have check to make sure that he fits your business. You should approach an accountant like a job candidate; ask questions about his business practices and those that pertain to your business.
I found my accountant through a network of co-workers that all have the same type of freelancing business (single founder; very few clients). I know he makes a lot of money doing my taxes, but he ends up saving me more money than what he's charging me and keeps me worry-free with regard to the CRA (IRS; US-equivalent).
If you are in the Vancouver area, I can recommend a good accountant that works with small/micro businesses. Hit me up on Twitter.
- jtbigwoo 14y agoOne of the main differences in accountants is risk tolerance. Freelancers have considerable leeway in the way they structure their taxable income and accordingly can have considerable variation in their risk of an audit. Make sure you interview a couple accountants and try to find an accountant whose risk tolerance matches your own. Don't expect that a big firm will be more conservative than a small one--the opposite is often the case.