Self Employed? – Here’s 5 Reasons Why You Need An Accountant

May 14, 2021April 24, 2012 by Steve

For the self-employed, tax time can be an entirely different experience than for those who are either employed by another company or own their own business. Being self-employed means that you are technically both an employer and an employee, and are at times responsible for paying taxes on issues that affect both.

Taxes are already complex enough for the average individual, but that situation is exacerbated by your current status. As a result, it may be wise to talk to an accountant, as they can not only find special deductions and benefits, but save you the time and anxiety of … Read more at 2009 Tax.

How to Choose an Accountant

November 12, 2020October 4, 2011 by Steve

Due to the necessity for accurate book-keeping, many businesses outsource their accounting needs to a proven and successful chartered accountant. Many businesses choose to employ an in-house accountant, which is also a successful strategy, depending on the size of the business. There are several key points to consider when choosing an accountant, four of which are detailed below.

Credentials: It is important that your chosen accountant is suitable educated in their field. They must be appropriately qualified to do the job you employ them for; you don’t want an accountant that is daunted by your books or intimidated by … Read more at 2009 Tax.

Saving Next Year’s Taxes with the Help of This Year’s Taxes

November 12, 2020February 16, 2010 by Steve

Saving Next Year’s Taxes with the Help of This Year’s Taxes

Are you getting angry after filing an extension or paying taxes? Be smart man; you can save some money on this for the coming year!

Many people consider filing taxes and their preparations as a painful activity. There is no fun in it. Ah, it’s not enjoyable either. One reason may be that you somehow find a part in the process which could possibly lead to more credits or deductions. What you realize is that you should look into your finances carefully to minimize some expense areas; mind you, … Read more at 2009 Tax.

Hire a Lawyer, not an Accountant, to file Income Tax Returns

November 12, 2020February 9, 2010 by Steve

Hire a Lawyer, not an Accountant, to file Income Tax Returns

Failing to report under the table business income is likely to make one feel uneasy, or even guilty. It is also possible that you skipped filling your income tax returns even though you are aware of the legal responsibilities in respect to this. To rectify the situation, you might be considering hiring an accountant.

While it is appreciable that you are on your way to set things straight, stop and think whether or not you are making a big error by getting an accountant to help you deal with … Read more at 2009 Tax.