Sunday, August 7, 2011

What's the point of having an accountant?

What's the point of having an accountant?
Why do people need accountants?
Other - Taxes - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
People with finances more complicated than the average "normal household" can benefit greatly from the services of a good accountant. If you have a business, investments, a trust or any other income other than hourly wages from a job, an accountant can keep you from paying too much in taxes, avoid any trouble with investors or creditors, and even with the IRS. You don't need to have a personal accountant on your payroll or on retainer, but you should talk to a few accounting firms to see if you need their services or not.
Answer 2 :
You only need an accountant if you have lots of money coming in from various investments and/or you are running a business. An accountant will give you financial advice that will save you money on your investments and also help you to plan your income better so that you don't pay too much tax. There are good and bad accountants so if you choose someone real cheap you probably wont save much money. If you are just holding down a steady job and have no other income, you don't need an accountant.
Answer 3 :
My accountant knows every deduction available, AND he signs that page that says he'll go to court if my return gets challenged. ANOTHER THING: He's got me arranged to not have paid taxes to the Feds in the last 2 years. Accountants are blessings. TWD

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