Issue link: http://cp.revolio.com/i/142672
how to find the right accountant By William Lynott The relationship between you and the person you choose to do your accounting and taxes is more important than you may think. Your accountant is the logical person from whom to seek advice and help with business and personal finance decisions, and the right accountant can function as a valuable partner. That's why it's crucial that the relationship be comfortable and trusting. Following are seven tips that should help you find the person who is the best fit for you and your practice. 1. sEarCh For prospECts You may get lucky going with a friend's recommendation, but you should do your homework first. "The best way to locate a compatible accountant is to ask around the community," says CPA and tax advisor Genevia Gee Fulbright of Durham, North Carolina. Ask bankers, insurance agents, small business owners, and even other practitioners. "One of the most important factors in selecting an accountant is the quality of the customer service she provides," says Vincent G. DiAntonio, a CPA from Blue Bell, Pennsylvania. "Sometimes a recommendation from a friend is the best way to find a good accountant, since some do not advertise. Many, in fact, acquire new clients solely through word of mouth. That gives them a strong incentive to provide quality customer service." 2. vEriFy CrEDEntials "Some individuals working as bookkeepers or accountants have no formal license or education in accounting," cautions Navin Sethi, CPA and tax manager with Rothstein Kass in Walnut Creek, California. "That's why you should do a thorough investigation before you hire an accountant. The best way to protect yourself is to hire a CPA. "In order to earn the CPA credential, applicants must meet the requirements of the state or jurisdiction in which they practice. CPA applicants must also pass the national CPA exam and, depending on the state, have some actual practical work experience before receiving their license. Finally, CPAs must adhere to requirements to take specified amounts of continuing professional education courses to retain their license to practice. Your benefit is that you will be working with a professional who is required to keep up-to-date on the latest and best accounting methods."