Las Vegas Accounting Services - Cpa Firm

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.

I'm a partner at a Las Vegas CPA firm. Choosing a CPA can be a very complicated decision, however, there are some common factors that you should look at that all CPAs should have. One of those factors is: they should excel at working with people. Being a CPA is a "people profession". It's not just the numbers, you definitely have to be able to work with people; to be a good communicator and a good listener. A second thing a CPA firm should have is: they should be honest. They should be honest and have integrity well above and beyond what you expect. You should be able to be comfortable with the tax returns and financial statements that they're presenting, and that integrity is crucial.

They should also have a great network of other Las Vegas professions. You might need an estate plan or a will done; or maybe you need some investments. There should be some people they can refer you to in order to get your entire financial profile in order. They should be able to do what they say they're going to do. For instance: if they tell you they're going to return your phone call within 24 hours, they should return your phone call within that specified period of time. You want them to return your tax return within the specified time. Your fees should be exactly what you think they're going to be. Make sure they oblige by everything that they tell you. Those are some of the most important things that a Las Vegas CPA firm should have.

I'm a Las Vegas CPA who just came out of a meeting with a bunch of students. They were down at a recruiting visit down in Southern Utah. And one of the things we told them when they're looking for an employer is to "find your fit". And that is an absolutely important tip I can give to any business owner as well: When you're looking for an advisor - your attorney, your insurance agent, your Las Vegas CPA - these are people you're going to have to trust an awful lot with the personal details of your life and with the success of your business in some case, and so you need to take the time to interview people and see whether you relate to them, and whether it's somebody that you can trust, someone you can get on the phone and talk to, and someone who shares your values.

Maybe they have a similar appetite for risk. You may not be as cutting edge as your CPA wants to be on taxes, and that may make you uncomfortable. Or, your CPA may be more conservative than you want to be. So it's very important that you spend the time on this relationship at the front, because it's much easier to spend it then, than to change CPAs every 2 or 3 years. So, "find your fit" when choosing a Las Vegas CPA.