Signs You May 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 things that will let you know that you might need to look for someone else to manage your book.
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. It is usually something that you be alarming to you when you realize that the accountant does not meet the deadline every time. The only time they can be allowed to do so is when you are the one showing up with your tax information right before the deadline. If you on your part you ensure that you get to the tax information to your content on time and they end up failing its late then you should know that they are the ones who have a problem.
Sometimes you might find that your accountant cannot be able to answer all your questions; therefore, they should refer you to someone who is better qualified as they may not have all the expertise that you may need. Sometimes you will realize that your accountant does not have the answers right away, but it is important for them to ensure that they get back to you within a short period of time with all the needed answers that you had asked. If it is hard for you to reach them when you have questions this is also 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 flag should be when you get good advice from someone other than your accountant which you should have gotten from them. An accountant is usually a service provider, and it is the responsibility to be available to you as much as they can and response to all your calls and emails in good time.
Keep in mind that a competent accountant is usually ready to face the busy month and they can never bite off more than they can chew during the period. They will always have a sort of infrastructure that is needed to take one more work during this period.