Points As To Why You Might Need To Look For A New Accountant
It is important for you to know that you must be able to trust your accountant since they are handling your money and maintaining your books. Accountants can be sometimes incompetent, overworked, unqualified for the work they do or just downright criminals. Below are points that will let you know that you might need to start looking for someone else to manage your books
One reason is that your filing are always close to the deadline when it comes to your business, no one would want to deal with penalties for filing their taxes late. It is usually something that you be alarming to you when you realize that the accountant does not meet the deadline every time. The only exception for this should be if you are the one showing up with your tax information right before the deadline. If you are getting tax information to the accountant well before the deadline then you should know that something is wrong if they are unable to file in time.
If your accountant cannot be able to answer all your questions it is better for them to refer you to someone who is more qualified as they may not have the expertise that you may need. Sometimes an accountant may not have the answer right away, but they should be able to commit to getting back to you within a certain frame with the answers that you need. If you realize that it is hard for you to reach them when you have questions this is also another red flag. If you contact your accountant and they are not able to answer the phone immediately, they should make sure that they respond to your inquiries in a reasonable time frame. Another red blog for you should be when you get good advice from someone else other than your accountant and such advice you should be getting from your accountant. An accountant is usually a service provider, and their work is for them to be available to you as much as they can and put them to respond to all your calls and emails in good time.
You should know that a competent accountant is usually ready to face the busy month and they usually can never bite off more than they can be able to do during the period. Keep in mind that they will always ensure that they have a sort of us chapter which is needed in order for them to take one more work during this period.