Do You Need a CPA or Tax Planner for Your Small Business?
Do You Need a CPA or Tax Planner for Your Small Business? Running a small business can feel like juggling flaming torches while riding a unicycle. You're dealing with sales, inventory, marketing—and yes, taxes. It’s easy to assume you can handle it all, especially with the abundance of accounting software out there. But at some point, many business owners ask: Should I hire a CPA or a tax planner? It’s a good question. And the answer isn’t always clear-cut. In fact, it depends a lot on your business size, structure, growth stage, and comfort with numbers. That said, getting professional help with taxes isn’t just about filing forms—it’s about strategy, risk reduction, and long-term savings. Let’s break down what CPAs and tax planners actually do, and how to decide if one (or both) is right for your business. What Does a CPA Do? A CPA—Certified Public Accountant—is a licensed professional who’s passed a rigorous exam and meets ongoing education and experience requirements. ...