Getting Started with a CPA

What does a Certified Public Accountant do, exactly? How can you benefit from their services? Where can you find an expert CPA in Maryland? If you’ve ever been curious about any of these things, you’ve come to the right place! Let’s learn more about CPAs and what they can do for you.

What is a CPA?

CPA, short for Certified Public Accountant, is a financial advisor with the experience and credentials needed to be trusted to give accurate and helpful financial advice to the public.

CPAs can hold any of the following positions in the financial industry:

• Tax Consultant
• Accounting Consultant
• Auditor
• Decision Maker
• Business Advisor
• And more

Benefits of Working with a CPA

You’d likely have trouble finding a business that succeeded and grew without any help from a certified public accountant. Here are the reasons why working with a CPA can be beneficial to your business:

1. Debt Management – Your CPA will advise you on money management and debt management in order to ease your abilities to pay off debts. They can also negotiate with creditors on your behalf.
2. Improved Credit Rating – In addition to advising you on the best ways to pay off your debt, your CPA can give you the direction you need to pay off recurring bills on time and improve your rating.
3. Tax Laws – Keeping track of ever-changing tax laws can be a difficult task if you’re busy with other aspects of your business. Let your CPA take over and ensure you receive the latest tax benefits that your business qualifies for.
4. Audit Avoidance – CPAs know and follow the standards for managing business taxes and will ensure everything is filed properly for your business so that you aren’t in danger of being audited.

Looking for a Reliable CPA in Maryland?

At CFO Source, we provide a full range of accounting services to businesses in need throughout the state, including Baltimore, Westminster, Towson, Eldersburg, and Owings Mills.

We are experienced and certified accountants who have been practicing for over 25 years, and many business owners throughout Maryland have trusted us to manage their business accounting in order to help maximize their success. Contact us today for more information about our expert CPA services.