Why not hire a CPA?
Certified Public Accountants (CPA’s) are licensed in accounting. Just like a medical license is required to perform surgery, a CPA is required to audit and review financial statements. However, you don’t need a doctor to plan your meals or design an exercise plan. So, you shouldn’t hire a CPA to perform your monthly accounting tasks. CPA rates are $100 – $250 per hour. You don’t need to pay CPA rates for bookkeeping work. If you already have a CPA, and are happy with their work, you can still make smarter use of your money. A lot of their time is spent gathering information, organizing, classifying and reconciling your records to create annual reports and income tax filings. We can do that for less!
Related Questions
- If I am a CPA, or have a Texas real estate broker, salesperson, or appraiser license, can I sponsor or hire registered property tax consultants?
- Do I need to hire an independent third party, such as a certified public accountant (CPA) or a tax attorney, when submitting an application?
- Would it really cost $500 to hire a CPA to provide the same analysis contained in a 4506-T Deluxe Report?
