How do you know when an accountant is not right for you? It’s good to know what the red flags and warning signs are. An accountant who is a bad fit for you could be costing you precious time and money. If you want your business running smooth, you’ll want to have somebody handling your finances who’s a good fit. A machine can’t run well if it’s got a bad part in it.
At Hacker Accounting, we know what it takes for an accountant to offer exemplary service. If you’re experiencing any of these problems with your accountant, give us a call. We’ll give you the professional treatment that you deserve.
They Are Hard To Reach
A great accountant is a responsive one. The relationship between accountant and client is one that’s founded on trust. This is someone you’re entrusting with your finances. If at any time you need to know something about what’s going on with your money, you need to be able to reach them. And if they aren’t immediately available to talk, they should be getting back to you promptly. An accountant who takes forever to call you back, or who doesn’t return your calls or emails is not the right person for you. That person could be a great accountant, but it’s clear that you aren’t a priority to them. You need to have someone working with your financials who’ll give you the respect and attention you deserve.
They Aren’t Saving You Money
An accountant’s role isn’t just to file your taxes and manage your books. They are financial advisors and experts who SHOULD be actively trying to find ways to save you money. They should be looking at how you run your business and find fat that can be trimmed, deductions that you aren’t taking advantage of, and help you get your records in order so that when tax season comes everyone is prepared.
A great accountant isn’t going to sit on their hands and wait until the last minute to get your taxes prepared. They’re working on your business year round, helping you to refine and grow your finances. An accountant who only does the bare minimum isn’t worth your time.
They Hold You Back
An excellent accountant will encourage you to take prudent and potentially lucrative risks when they come your way. They will encourage you to take advantage of opportunities and seize the day. Taking risks is the key to growing any business. If you’re constantly playing defense and not putting yourself out there, the best you can do is break even. And you can only break even for so long before your competitors start surpassing you.
What you don’t need is an accountant who rains on your parade. When you have an innovative idea, you’ll want an accountant who’ll support your idea and give you practical advice you can use to implement it. They’ll do their due diligence and notify you of potential risks, too, but they won’t dismiss a bold move out of hand. But there are a lot of glass-is-half-empty accountants out there who are very risk-averse, who will advise extreme caution at every opportunity. These are not the kind of experts who will help you take your business to the next level.
They Are Not Transparent
Finances can be complicated. Tax information can be especially complicated. Nobody expects you to know everything about these matters: It’s why you hired a professional, after all. This is their world, their area of expertise. But they should be willing to share their expertise. Any question you have about your financials should be answered by your accountant. They should be ready and willing to sit down and explain anything that’s confusing you. Any aspect of your business that you feel the urge to understand, they should be able to break it down to you in neat, jargon-free terms.
If your accountant responds to your requests for information by brushing them off, delaying them, or burying you in an avalanche of technical terms, that could be a serious warning sign that something isn’t right. Money is complicated, but even the most complex of tax laws can be broken down in simple terms a layman can understand if someone makes the effort to explain it. This is YOUR money, your business. You have a need to know and a right to know everything that’s happening to it. And if your accountant is unwilling or unable to provide you that information, they are the wrong accountant for you.
Worried an accountant is not right for you? Let the experts at Hacker Accounting give you a helping hand! Give us a call at 602-375-5251.