Reasons As To Why You Might Need To Look For A New Accountant
It is important for you to know that you must be able to trust your accountant since they are handling your money and maintaining your books. Accountants can be sometimes incompetent, overworked, unqualified for the work they do or just downright criminals. Below are some red flags that will let you know that you might need to start looking for someone else to manage your books.
One of the thing that you should focus on mainly is when you realize that your filings are always done close to the deadline, at the end of the day in a business no one would want to deal with penalties because of filing their taxes late. When you realize that they usually do not meet the deadline every time, it is important for you to be on alert. The only exception for this should be if you are the one showing up with your tax information right before the deadline. If you are getting tax information to the accountant before the deadline then you should know that something is wrong if they are not able to file it on time.
If your accountant cannot be able to answer all your questions it is better for them to refer you to someone who is more qualified as they may not have the expertise that you may need. Sometimes an accountant may not have the answer right away, but they should be able to commit to getting back to you within a certain frame with the answers that you need. If you have questions to ask them and written them is not that easy this should be another red flag. If you contact your accountant and they are not able to answer the phone immediately, they should make sure that they respond to your inquiries in a reasonable time frame. Another red blog for you should be when you get good advice from someone else other than your accountant and such advice you should be getting from your accountant. An accountant is usually a service provider, and their work is for them to be available to you as much as they can and put them to respond to all your calls and emails in good time.
You should know that a competent accountant is usually ready to face the busy month and they can never bite off more than they can be able to do during the period. They are known to make that they have a sort of infrastructure which is usually needed to take one more work during this period.
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