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Frequently Asked Questions

Q. How difficult is it to change accountants?

It is not difficult at all to change accountants. What is most helpful is if the client is able to provide their most recent tax returns and/or financial statements to help transition the flow of data.

Q. Why do people change accountants?

Reasons include retirement of their CPA, relocation, entering a new business that requires industry expertise, or just not happy with the level of service or communication provided by their previous accountant.

Q. What to look for in a CPA firm?

I suggest that a prospective client interview a few CPA’s that have been recommended to them by someone they know, like, and trust. What that client should look for is synergy in their communication style, and whether or not they have similar philosophies regarding the handling and reporting of financial data. In the end, the accountant should be someone that the client will like to work with and not struggle to get answers to their questions.

Q. How do I prepare for a consultation?

A consultation with our office is easy….just bring all of your questions! If you have questions about the work done by a previous account or need a more complete understanding of the work performed, bring in those products and we can review them together.

Q. How often should I expect to hear from my accountant?

That will depend upon the nature of the relationship and the services agreed upon.

Q. If I run my own business, do I need QuickBooks?

You do not need QuickBooks. However, many of our clients use QuickBooks as a way to organize their check book and categorize their spending. We assist our clients in reconciling their bank accounts and adjusting the books for financial reporting purposes.

Q. Do I need a bookkeeper and a CPA?

Depending upon the volume of transactions a business has, it may be cost effective to hire a bookkeeper to assist with the monthly check writing and bank reconciliations. A bookkeeper is usually necessary when the bookkeeping become too cumbersome and it gets in the way of the business owner actually conducting business and generating revenue for their company.

Q. Is my business too small or too large for an outside CPA?

Every size business can benefit from having an outside CPA, whether it’s a small start up venture, or a multi-million conglomerate. CPA’s are trained and experienced professionals who can guide business owners through the myriad of tax rules and consequences of their transactions.

Q. What areas do you serve?

Our firm provides services to clients in the tri-county area including Miami-Dade, Broward, and Palm Beach County. We also provide services to clients in Jacksonville, Orlando, Ocala, Tampa and other parts of Florida. Outside of Florida we serve clients in Georgia, Nevada, New York, New Jersey, California, and Michigan.

Q. Can a CPA correct errors made by me or my previous accountant?

A CPA can correct errors made by the business owners and even those made by other accountants. Tax returns can be amended (subject to certain time limitations), and financial statements can be restated or corrected. IRS representation is available even for examination of tax returns our firm did not prepare.