If you’re torn between hiring a tax return preparation specialist and filing your own taxes, consider the savings you could be missing out on by choosing the latter. Taxpayers everywhere are taking advantage of the secrets known only to accountants and finance experts. Roy E. Carter, CPA, PC specializes in providing professional tax return preparation advice to his Staunton, Virginia, clientele. Below, he and his team outline the ways an accountant will save you money this season. 

3 Ways Your Accountant Can Save You Money

Avoiding Tax Penalties

Your accountant is a one-stop shop for identifying opportunities to reduce your tax burden. It is their job to remain up-to-date on the latest tax laws and changes to the tax code. They can easily identify where you and your business can pay less, including the depreciation of assets, line-item deductions, and other tax incentives for you or your business.

Providing Bookkeeping Services

With professional bookkeeping services, you can identify where you or your small business can save money and reduce your overall tax burden. An accountant will help you identify cost-saving tactics for your company, including locating less expensive vendors and lowering operating expenses. 

Managing Business Growth

If you’re looking to scale your business growth, your first stop should be an accountant’s office. They have business modeling techniques that will help you devise a plan for taking your business to the next level. With help from a tax preparation professional, you will successfully execute a solid business plan based on modeled projections.

If you’re looking for ways to save money this year, consult a tax return preparation professional. Roy E. Carter, CPA, PC specializes in providing clients with individualized tax return preparation, bookkeeping, and business consulting services. Call him today at (540) 886-6251 or visit his website for more industry insight.