Reasons As To Why You Might Need To Look For A New Accountant
One thing that you need to know is that you must be able to trust your accountant since they are handling your money and maintaining the books. Accountants sometimes can be incompetent, overworked and unqualified for the work and maybe you might even come across criminals. Below are some red flags that will let you know that you might need to start looking for someone else to manage your books.
One of the thing that you should focus on mainly is when you realize that your filings are always done close to the deadline, at the end of the day in a business no one would want to deal with penalties because of filing their taxes late. When you realize that they usually do not meet the deadline every time, it is important for you to be on alert. The only time they can be allowed to do so is when you are the one showing up with your tax information right before the deadline. If you are getting tax information to the accountant well before the deadline then you should know that something is wrong if they are unable to file in time.
Sometimes an accountant who can’t answer all your questions or at least refer you to someone who is better qualified as they may not have the expertise that you may need. Sometimes an accountant may not have the answer right away, but they should be able to commit to getting back to you within a certain frame with the answers that you need. If you realize that it is hard for you to reach them when you have questions this is also another red flag. If your accountant is not able to answer the phone immediately they should at least respond to inquiries in a reasonable time frame. Another red blog for you should be when you get good advice from someone else other than your accountant and such advice you should be getting from your accountant. An accountant is usually a service provider, and it is the responsibility to be available to you as much as they can and response to all your calls and emails in good time.
Keep in mind that a competent accountant is usually ready to face the busy month and they can never bite off more than they can chew during the period. They will always have a sort of infrastructure that is needed to take one more work during this period.