Leading Tax and Small Business Accountant Pauline Ho Reveals How CPA Firms Can Help Grow a Small Business – Orlando, FL
Apr 16, 2018
Pauline Ho, CPA in Orlando, Florida, has just revealed how an accounting firm can expand a small business. For more information please visit http://lausconsult.com
Orlando FL, United States - April 16, 2018 /MM-REB/ —
In a recent interview, accountant Pauline Ho, CPA at Laus Consulting Services, LLC in Orlando, FL, has just revealed how a CPA firm can help grow a small business.
For more information please visit http://lausconsult.com/
“Most small businesses owners don’t have the time or expertise to manage their company’s accounting needs. Hiring an experienced CPA meets these needs while also saving a business valuable time and money,” Ho said.
One of the most vital things that a CPA can offer to small business owners is advice on cash flow.
When asked to elaborate, Ho said, “Virtually every small business has experienced cash flow problems at some point in their development. A CPA will pinpoint current and potential cash flow issues and further advise you on how to work around the problem.”
One way to improve cash flow, according to Ho, is by utilizing efficient tracking tools for everyday business expenses.
“As a company expands, it needs complex ways to follow everyday business expenditures, and CPAs can advise on the best practices and accounting software to use. This makes it easier and more accurate in identifying cash flow patterns,” she said.
Ho added that CPAs also look at these patterns to identify areas that are ripe for investment, which will ultimately help owners in making decisions about the company’s future.
Another way that CPAs can help improve the financial health of your company is through completing and filing taxes.
“It’s important that small businesses stay tax compliant and meet filing deadlines -some of which can be several times a year – to avoid hefty penalties from the IRS. This burden will be taken off your shoulders if you outsource your accounting needs to a CPA, who will ensure you meet those deadlines,” she added.
Consistently filing on time reduces the chances that your small business will be audited by the IRS. Ho added that even if a business is audited by the IRS, then a CPA will be there every step of the way to mitigate damage and navigate the audit.
CPAs often take their tax services a step further and can create a customized tax plan.
“Because CPAs know the ins and outs of the tax landscape, they can draft a tax strategy tailored to your company that will lower your company’s tax liability by taking advantage of deductions, putting more money in your pocket,” she said.
Source: http://RecommendedExperts.biz
Contact Info:
Name: Pauline Ho
Organization: Laus Consulting Services LLC /CPA and Financial Services
Address: 879 Outer Rd B, Orlando, FL 32814, USA
Phone: +1 407-401-9768
For more information, please visit http://lausconsult.com/
Source: MM-REB
Release ID: 329354
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