Becoming an entrepreneur is exciting as it’s the first step towards financial freedom. You also get to run a business you love, make all the decisions, and enjoy the tax benefits of forming a company.

No matter how small or big your business is, having a tax and financial advisor can make a world of difference. If you are serious about your business, getting a CPA is recommended. CPAs or Certified Public Accountants are considered to be super accountants because they are required to clear a notoriously difficult licensing examination in a state. Technically, all CPAs are accountants, but all accountants may not be CPAs. An accountant might fulfill some of your business's accounting needs. However, there are specific circumstances where having a CPA can have its advantages. 

While the internet has information from A to Z, accounting and tax are topics that are both hard to understand and time-consuming. Tax calculations and accounting for even a small business with bare minimum transactions can be complex and necessitate special training and taxation expertise. A CPA or accountant is an individual or entity responsible for assisting your company in compiling financial statements, filing tax returns, identifying tax savings, and analyzing any tax issues that may arise.

Thanks for stopping by my blog. If you’re looking for more information about W R Howell, CPA, you’ve come to the right place.

I’m Wesley R. Howell CPA, the proud owner of W R Howell, CPA.

I look forward to sharing my story. I hope that you will enjoy getting to know me better.

COVID Tax Tip 2021-187, December 16, 2021

The IRS encourages taxpayers to get informed about topics related to filing their federal tax returns in 2022. These topics include special steps related to charitable contributions, economic impact payments and advance child tax credit payments. Taxpayers can visit IRS.gov/getready for online tools, publications and other helpful resources for the filing season.

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