Outsourcing accounting & tax-related tasks to an accountant or CPA is a great way to ensure professional work and accuracy as you focus on your small business operations. Of course, the decision is not easy and requires much deliberation, and it is critical to think of this as a long-term partnership. If this is the first time you are hiring a small business accountant in Roseville, California, here are some questions to ask.
What services do you provide for small businesses?
This is perhaps the most critical question you can ask before selecting an accounting firm. The eventual goal of outsourcing is to ensure you have the expertise you need and the services are aligned to your business needs. The service profile is critical, and you should look for a bunch of things. Firstly, an accounting service should offer assistance with basic bookkeeping and accounting tasks, which include keeping track of financial transactions. They should be able to generate cash flow statements, which help check expenses and earnings. They must also specialize in tax filing, and while tax preparation is critical, it is best to also use tax planning solutions that can help minimize taxes. If the same firm can also handle your payroll and help you with business consulting on demand, that is an added bonus.
Do you have experience in this industry?
Each sector/industry is unique, and the rules, requirements, and compliance norms may vary largely. It is pertinent to work with an accounting firm that has some exposure in your niche. You need to check whether they have worked with similar small businesses, the kind of solutions they provide and whether they handle challenges that are unique to your industry. The number of years a CPA or accounting firm has been in business says a lot.
How often can we communicate?
Small business owners often make the mistake of focusing on tax-filing work during the peak season. If you hire an accountant just to file your taxes, don’t expect bespoke services or solutions. Instead, consider a relationship that would last through the months, for which communication is necessary. A firm that is responsive and handles your accounting queries and tasks on priority is always a better choice.
How much do you charge for your services?
When it comes to accounting or managing the financial affairs of companies, there is no one-size-fits-all bracket. Instead, most firms will check what you need, and depending on what they would do, they will share an estimate. Expect to pay a monthly fee for ongoing work, while for additional tasks, the firm may charge you for each hour of extra work. 
Can you explain your team structure?
An accounting firm is usually led by a CPA, coupled with a bunch of other professionals, such as bookkeepers, accountants, payroll experts, and tax consultants. The expertise of any service depends mainly on the people who do the work, and it is best to get an overview. You may also want to discuss whether they would assign a dedicated accounts manager for your small business.
Other quick suggestions
Don’t choose an accounting team based on the price alone. Instead, focus on what they do and how they will solve the usual accounting and tax issues you are facing. It is also a good idea to meet the team in person, although many firms work virtually with clients and offer the same level of services. Hiring an accountant in Roseville is easier when you know your needs and requirements. Make sure to define your goals before you schedule the first meetings with prospective firms for further talks.
