Everyone needs a good accountant. Fortunately, Mt. Pleasant has many good accountants to choose from. At the bottom of this page is a link to Mt. Pleasant accountants and Certified Public Accountants.
With TurboTax and other tax filing software, it is easy to fall into the trap of not thinking you might benefit with the help of an accounting professional. While computer programs may help you organize your business taxes and personal records; no matter how well written, having a trained accounting professional review your taxes before you file is always a good idea.
A Mt. Pleasant accountant or Mt Pleasant CPA may catch errors or point out deductions that you might have otherwise missed. Plus there is the “Sleep at Night Factor”. When a good accountant or CPA is willing to put their name at the bottom of your personal or business taxes you can rest a bit easier. Even if there is a filing error, having a second opinion by an accountant or CPA will carry some weight. You may have to pay the back tax owed and the interest but seldom are any penalties assessed. Unless, of course, you fudged the numbers. They have a special wing in Leavenworth for people like that.
If you work for someone who sends you a W-2 and you have no other sources of income and are taking standard deductions, then you are probably safe with a “TaxCut” type of program. If you own your own business, have some unusual transactions such as taking funds from a retirement fund or selling stocks and bonds, you’re pretty much nuts if you don’t have someone do your taxes for you. The rules are so complex and ever changing, it is impossible for the layman to have the knowledge a Mt. Pleasant accountant or CPA has.
One of the nice things about computers is the record keeping software program such as Quicken, MS Money and if you have a business, QuickBooks. These can dramatically reduce the cost of having an accountant or CPA prepare your taxes since the information is better organized. I own multiple companies from full “C” corporations, to “Sub-S” to LLC to LLP. Because of QuickBooks it usually takes my CPA only a few hours to prepare my taxes every year. The better organized you are the lower the cost. |
One of the nicest things a good Mt. Pleasant CPA or accountant can do for you is helping avoid an audit. There are certain “red flags” that will often trigger an audit. Excessive entertainment and meals deductions are a good example. Taking the home office deduction is another. If you have all of the receipts and can prove the deduction, then you are entitled to take it. However, do you know EXACTLY what the IRS is looking for in record keeping and proof? Your Mt. Pleasant CPA or accountant does.
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