At Bennett CPA, I am dedicated to providing premier tax services to individuals and businesses throughout Colorado Springs. As an experienced CPA, I understand how the complexities of taxes can oftentimes be overwhelming. In order to relieve the stress that taxes often evoke, I founded Bennett CPA with the mission of offering clear, efficient, and honest tax help. With my combined expertise and experience, my goal is to ensure that my clients feel peace of mind when it comes to their taxes..
If you have ever tried doing taxes on your own, then you are most likely aware of how frustrating it can be. The complex tax laws and policies can oftentimes feel like another language with the different terminology used. While many individuals and businesses attempt to take on filing taxes on their own, hiring a tax professional poses many benefits. As a CPA, I have both the experience and accreditation to ensure that your taxes are completed correctly and on time. In order to showcase the many benefits of hiring a CPA to do your taxes, I have created a list of what a hiring CPA can offer you:
1. Avoid Costly Mistakes
The first benefit of hiring a CPA to do your taxes is that they can help you avoid making costly mistakes on your tax return. Taxes are complex and filing yearly taxes involves strenuous amount of paperwork. When a certified public accountant does your taxes, they will apply their experience and knowledge of taxes in order to ensure that everything is done correctly. This means that every deduction will be properly claimed and the amount of taxes owed will be correctly calculated based on your unique situation. When you get your tax return back from the government, a CPA will ensure that everything has been done correctly.
2. Access To Tax Consulting Throughout The Year
An important benefit of having the help of a tax professional is their ability to offer expert guidance throughout the year. While tax season only comes once a year, your financial status can change day-by-day. That means that as you make new purchases, invest, and earn income, your taxes will be directly impacted. In order to stay on top of these changes in your finances, and therefore taxes, a CPA will be available throughout the year to consult you. Whether you are looking for a way to reduce the amount of taxes you owe or are unsure of how a big purchase will affect your taxes, a CPA will be able to offer their expertise to help you make an informed decision. Working with a CPA throughout the year means you can also have your tax questions answered whenever you come across something you do not have the answer to.
3. Maximize Tax Deductions
Tax deductions are a great way to significantly reduce the amount of taxes you owe. However, similar to other tax policies, they can be difficult to understand. Many individuals and businesses miss out on deductions that they are eligible for due to oversight. When a CPA does your taxes, they will use their experience and expertise to find deductions that are rightfully yours and ensure that all savings are maximized.
4. Save Time
It can take a lot of time and resources to file your own taxes. Additionally, it can be extremely frustrating if you have never done it before or when tax laws change. Instead of wasting hours researching, organizing, preparing, and filing your taxes, a CPA will allow you to put your effort elsewhere – whether that be into your business or your career. By hiring a CPA to handle your taxes, you will not have to worry about your taxes being done accurately or on time. Professional tax services ensure that a qualified expert will handle the complexity of taxes so you do not have to.
5. Receive Tax Audit Support
No one plans to be audited by the IRS, but it can inevitably happen to you or your business. A CPA will be able to help you throughout the entire process to ensure that every expense is represented and every claim is backed by paperwork. Additionally, if any errors are found by the IRS, a CPA will be able to quickly amend the issue and ensure that the correction is completed in a timely manner. A CPA will also be knowledgeable on your unique situation which means that they will be able to answer any questions the government may have in regards to your taxes.
Take The Burden Of Taxes Off Your Shoulders With Bennett CPA
As a CPA in Colorado Springs, I am proud to be able to partner with individuals and businesses throughout the community to eliminate the stress of taxes. With my personalized tax services, I will dedicate my combined expertise and experience to ensure that your taxes are completed correctly with no stress to you. If you are ready to take the burden of taxes off your shoulders, contact me today. I offer a variety of tax services that will provide you with the benefits listed above.