5 Benefits to Working with a CPA | Schumacher Sama
For a professional accounting firm like Schumacher Sama, tax preparation is a daily occurrence — but for many people, it’s a major source of anxiety and confusion.
No one likes to think about owing money to the government, and digging through mounds of paperwork only makes things seem harder. Each April, countless individuals find themselves throwing their hands up in the air looking at the pile of complicated forms, figures, and acronyms in front of them.
Thankfully, a certified professional accountant can help alleviate your stress and free up your time to do the things you actually enjoy.
Here are some of the benefits of having a CPA do your taxes for you.
CPAs maximize efficiency
When we make decisions about hiring someone else to do a job for us, we often think about money first. “I’ll just take care of it myself and save a few dollars” is a common refrain — but we need to remember the value of our time , too.
When you opt to handle a project on your own, there’s an opportunity cost. Even if you aren’t directly spending money, you are spending time and valuable mental resources that you could be using elsewhere.
CPAs are experts at tax preparation. No one can complete your taxes more efficiently — when you go to them for help, they can get you through the process faster than you could file on your own.
You can trust that your taxes will be accurate
No one finds themselves working as a CPA by accident. In order to become an accounting professional, individuals need to complete years of schooling and pass a rigorous exam.
When you bring your taxes to an expert, you don’t need to worry about making a mistake or not getting your full refund. Instead of stressing, you can just sit back and relax, knowing that your finances are in capable hands!
Your records will be safe and available
Your CPA can act a little bit like a personal filing cabinet for your tax information. They keep records of all your forms, which makes future tax years even more streamlined — and they take care to keep all of your information safe so you don’t need to worry.
CPAs have the expertise to answer your questions
There are many online tools to file your taxes, and we’re thrilled to see so many organizations prioritizing a quick, painless user experience. But no matter how streamlined a website is, nothing compares to working directly with a CPA.
Your certified public accountant will be there to answer all of your questions in real time. What’s more — they’ll know your unique situation, background, and goals so they can provide you with answers that make sense in the right context.
When you work with a CPA, you get thoughtful, custom advice — no cookie cutter solutions.
You can get additional tax planning advice
One of the greatest benefits of working with a CPA is having the ability to get additional tax planning advice. Beyond just preparing your documents and filing them to the IRS, your certified public accountant can help you take steps now to make the process even easier later on — and set you up for the largest tax benefit possible.
If you want to make sure your tax and overall financial situation is in a good place moving forward, a CPA should be your go-to.