Business Audit Las Vegas - Accountant Services

One of the things that I love about talking with my business audit clients in Las Vegas is helping them to find their story. Everybody has a reason to do what they do. You didn't start off one day and decide to start a Las Vegas grocery store. It was in your blood; your dad did it, your uncle did it, your mom did it, or you were a stock clerk and loved the business. Whatever it was, you're passionate about whatever it is you chose to do, and I love find the root of that passion for my clients, and helping them re-discover what is was that made them love their job when they started before we help them with their business audit.

Often times, as businesses grow, they become harder to run. You have employees and levels of management and it's a long way from you in the CEO suite down to the person, the little old lady that used to come by and buy produce from you (in my grocery example). So by helping clients identify what they're passionate about, we can try to structure their business back to the activities that give them the most happiness. That's an exciting thing that any business owner should keep in mind: "What are you passionate about?". Try to find a way to do that in what you do every day. Your Las Vegas business should be more than finances, taxes, an audits - find your passion.

I want to take a minute to talk about Las Vegas accounting services that you receive from your CPA. Las Vegas CPAs often provide what we call "compliance services" such as: financial statements that are required for banks or other lending institutions, or tax returns which, of course, our government requires. But the accounting services that really mean the most to clients are those that aren't required, but that really add value to you and your life. Those services we call "value-added services".

And so when you're looking for a CPA and trying to decide how you're going to employ someone to do those things that have to be done (those compliance services) also find out from them if they have an interest in, or a history of, providing these "value-added services". These accounting services include: helping you plan for retirement, helping you look for ways out of your business, exit strategies, succession planning, those kinds of things, as well as how to take the money that you make in your business, in your life and retain it so that you can live the life that you like through your retirement years.

The important thing is to make sure that your accountant is offering you the services that are most important to you life. Keep this in mind the next time you meet with your CPA to discuss possible Las Vegas accounting services.

As a Las Vegas accountant, one of the things that I get asked a lot is, "What should you ask an accountant in Las Vegas if you are considering hiring one?". One of the most important things is there licensing (their credentials, exactly what they have other licenses in). You should contact their state board of CPAs and the American Institute of accountants to see whether or not there has been any disciplinary actions put against them, and also check out their licenses - they usually do have them posted in their offices.

One of the other things that you should ask a Las Vegas accountant about is their fees: how do they charge you, is it an hourly billing, is it a value billing, what exactly will they charge you for phone calls, what type of meetings can you have with them on a regular basis? You want to make sure that you understand that before you hire an accountant. Additionally, you want to ask them how you could reduce your fees. Do you charge me less or more if I bring in a box of receipts? Could I possibly do some of the work and keep my fees at a minimum? One of the last things that I would consider asking them is 'what their strategies are with their financial statements and their tax returns?'. Are they aggressive, or are they conservative? You want to hire someone who is exactly like yourself. If you're aggressive and you like to take an aggressive strategy on your tax return, you want to make sure that an accountant is willing to look at that without disobeying the laws.