One of the questions I see bloggers and freelancers asking the most is what they should look for in a good accountant. Many of them, understandably, have been W-2 employees their entire lives and could get away with firing up TurboTax once a year. However, as many freelancers come to learn, working for yourself isn't that simple when it comes to taxes.
Unfortunately, there's some skepticism about whether or not an accountant can understand the blogging and freelancing world. That was definitely a fear I had when I started my own search for a good accountant a couple of years ago. I kept hitting wall after wall because many of the referrals I got simply didn't get how I earned money.
The bright side is there are more accountants now that understand how freelancers make a living. Here's what you need to look for when searching for a good accountant.
Do they get what you do for a living?
For example, my accountant recently told me I may want to start considering an S-Corp for my business as a way to save money on taxes. He said this based on the revenue that was coming in (and let's face it, also based on my complaining over how much I'm shelling out to Uncle Sam).
Do they charge extra for communication?
Are they actually an accountant or do they just do bookkeeping on the side?
When looking for an accountant, make sure they are actually an accountant. You may also want to ask for credentials and references to make sure they are a good fit for you.
Are they the ones actually doing the work?
4 Questions to Ask When You're Looking For a Good Accountant was originally published on Due eCash blog by Amanda Abella.