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When do I need to engage an accountant?

The simple answer? When you can afford one.
Small Businesses
The Basics

Professional Accountants are great for ensuring that you are properly paying all taxes, beneficially tracking expenses, and generally ensuring that your venture is in good financial shape (well, at least legally). Evaluate where you are in your stage of growth, if you can afford between $1,000-$10,000 per year for an accountant, it’s a good idea to engage one. This kind of representation will be important if you have an investor taking real interest in your company, and you’ll want someone comfortable with the financials and tax laws. Especially as you hire employees, have to deal with complicated tax matters, and raise different types of funding, your accountant will quickly become a very key asset.

The Details

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