December 15, 2018
Now that tax season is done done done, (yes, I filed on extension), I wanted to give a shout-out to the people who made that process relatively painless: my accountants. They have certainly saved my bacon on more than one occasion. By keeping a watchful eye and working with me proactively, we were able to nip an issue in the bud before it even became a problem (and would then require many hours of fixing). And don’t let their low profiles fool you – accountants make profitability possible. It’s easy to forget the important role they serve in your profitability as they quietly go about their work. Accountants perform several vital services above and beyond filing taxes. Filing taxes is a backward-looking exercise. In essence, you’re asking yourself “How did I do last year?” And unless you figured out how to turn back time (like Superman in the 1978 film), there’s no way you can fix any damage. Looking forward, good accountants can arrange your financial statements to help you understand what the numbers mean. …
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