FREQUENTLY ASKED QUESTIONS
At Evans Nelson & Company CPAs, we believe knowledge is your best bet to help save money, time, and stress. CPAs often get asked the same set of basic questions, and we felt you could benefit from knowing the answers also. We hope these can help answer your general questions; you are welcome to Contact Us to set an appointment for more specific and in-depth answers, depending on your particular situation.
Click on the questions below for the answer:
Knowing how often to meet with your CPA will help you maximize your CPA’s services. Many people look to CPAs as a kind of history service that goes back and reviews, and then prepares. This is somewhat true, but you need to be aware of the fact that you will benefit more by understanding how a CPA can help you with preparation and timely decision-making. By only meeting in the crunch time just before April 15th, you miss out on any potentially beneficial tax and financial decisions that can be implemented during and prior to the end of the year.
Knowing what to have prepared before meeting with a CPA or accountant is important. Being prepared will save you on preparation fees, and potentially increase your deductions. Although it may take you a little extra time to get prepared, it will only help you in the end. Gather any medical documents for medical deductions and also items like property tax documents. Bags of grocery receipts (which you don’t need) and important tax documents (which you do) all jumbled together will only be a costly and time consuming waste–separate and organize!
When is the best time to hire a CPA? The simple answer is now. Establishing a relationship with an experienced CPA can significantly help you with your personal and business tax preparation, financial and business planning, and help you plan and maximize your financial goals. It is also better to hire a CPA early on, rather than after you get a notice from the IRS (“love notes” I like to call them!).
When you are faced with an IRS business audit, you are most likely going to be stressed and overwhelmed. Hiring a CPA to help you is the best decision you can make. IRS auditors are trained at asking the right questions to get the most money from you. During this stressful situation, play it safe and smart– have a CPA on your side. They have the experience you need.
One of the first things people want to know about CPAs is how much does their service cost. Unlike other professional services, there is no set amount. It varies on how organized and prepared you are, the complexity of the return, and the overall time it is going to take to prepare your taxes. It is important to remember that you are hiring an expert who can save you a lot of time, questions, frustration and money. This should be factored into your decision to hire a accountant or CPA, because your savings will likely be larger than the initial cost.
I have had many CPAs in the past and have always been dissatisfied with mediocre results and high fees. Evans, Nelson & Company is a completely different experience. Lecia has restored my faith in the system as she has worked tirelessly to take advantage of all tax saving opportunities for my business, family and friends. She is honest, hardworking and incredibly personable. Not only was my tax exposure cut in half, she was able to help us navigate through the multiple issues surrounding identity theft for a fraction of the cost. After hearing about my experience, many of my business partners have switched to Lecia from accountants they have had for years. None have been disappointed. The office staff is friendly, easy to contact, always responsive and makes transition a breeze.
Evans, Nelson & Company has been our CPA firm for many years. A trusted advisor who is always looking out for my best interest…I give them my highest recommendation!
We have worked with ENCPA’s for 15 years. They are highly professional, organized and excel in offering smart strategies for your business and personal finances. We wouldn’t use anyone else! They are the best!
ENCPAs has provided tremendous value to my company. Our business has significant Federal and State regulatory and compliance oversight which makes our accounting very difficult. Lecia and her team at ENCPAs were able to guide us into a comprehensive and streamlined accounting and bookkeeping process. This has saved countless work hours, conserved resources, and prevented untold nervous breakdowns. Smart, dedicated, and hardworking, what else could anyone ask from their accountant and bookkeeping support team. Lecia and her team were awesome through the entire transition process and continue to provide crucial support to our daily operations. I am very grateful for all of them.
I give them 5 Stars! Evans Nelson & Company CPA’s are fast and reliable. They are up to date on all tax code and have helped me save money on my past several returns, as well as plan for future tax implications.