In our experience here at the office of Brad R. Smith, CPA PC, many people harbor some misconceptions about professional accounting services. We want to help you make informed decisions when it comes to financial matters, so we have put together this article to correct some of the most common misunderstandings about this topic.
Keep reading to learn the truth behind a few of the most prevalent myths about accounting.
- Myth: Accounting only becomes important right before tax time. – Although going to an accountant for help with your taxes is a good idea, and it can save you a lot of time and stress, it would be a mistake to assume accounting isn’t important during the rest of the year, too. We strongly recommend meeting with your accountant periodically throughout the year to review your finances and prepare for tax time—the more work you do ahead of time, the easier your filing process will be come tax time.
- Myth: I don’t need accounting services because I know how to do my own math. – Our team has found one reason why some people are reluctant to use our accounting services is because they “can do their own math for free.” To these people, we say accounting services involve more than just crunching numbers. Our team will also analyze the data for you and point out trends in your income and spending, helping you to make smart decisions about your financial future.
- Myth: Accounting services are never worth it. – Whether or not you are satisfied with an accountant’s services is an entirely subjective and personal decision. Some accountants are better than others, and it’s true that some of them will give bad service. However, our experienced team members will make every effort to ensure you are completely satisfied with our results, and we will provide excellent value for your money.