Ask Your CPA!
The Top 4 questions all business owners should be asking their CPA:
1.) Would my business benefit from a different business structure?
While you may have set your business up correctly initially, your business has likely changed since then and may benefit for various reasons including different tax requirements and liability.
2.)What can I do to make my business more profitable?
While a CPA may offer suggestions such as raising prices or adjusting inventory to match inflation, with FEE PASS you can eliminate one of your top three business expenses; your credit card processing bill.
3.)What can I do to better manage my cash flow?
Creating a cash flow plan is critical for all business as it plays a critical role in managing products and unexpected expenses.
4.) Are there any new tax laws that may effect my business in the upcoming year?
Tax laws change and your CPA is the best person to advise you.
Knowing this information ahead of time will help you plan and be prepared! Building a partnership with your CPA over the years can save you time, money, and a lot of headaches. Not to mention, he can also become a referral partner for your business.