How do you find a CPA?
If you’re interested in hiring a CPA, the best place to start your search is within your network. Ask your friends or colleagues for a referral or introduction to a tax professional that might potentially have the skillset or knowledge of serving similar clients. For example, if you own a retail business, your unique tax situation might differ from someone who has inherited an estate. Looking for a CPA that specializes in clients that have similar challenges to you can help you narrow down your search for an expert.
If you don’t have a personal recommendation, you can take your search to the internet and look for a CPA in your area. It’s important to meet a few potential tax professionals in order to find someone you trust and can be open, honest, and transparent with. And the same holds true for a CPA that you might have an existing relationship with — if you feel that you’re no longer a match or want to look for a different CPA, you shouldn’t feel tied to one. This relationship should have a strong foundation since one of the primary roles of a CPA is to explain all the complexities of tax law to you in a way that you understand.
How much does it cost to hire a CPA?
Like most professional services, the cost to work with a CPA can widely vary depending on the level of consultation necessary. According to Investopedia, the average fee for a tax professional can range from roughly $175-$450. While tax software might seem like a more cost effective way to file your taxes, take a look at the bigger picture — including all of your businesses, investments, and properties — and deduce whether or not you need a more strategic approach that only a seasoned tax professional, like a CPA, can deliver.
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