When working with, or looking to hire a Reno CPA, you should look at their work history and areas of specialization. Their history will help you gauge their experience level. Whereas, their area of specialization will help you determine how well they can handle your specific case.
There has been talk about breaking CPAs into specific areas of specializations. For example, there is a person that I went to school with. He ended up going to work for a fortune 100 company. This company was so large that he spent the first three years of his career auditing the cash for this organization.
He was doing the job that a Reno CPA does, but his skill set was becoming extremely specified. He knew a whole lot about treasury management. He knew about potential check kiting schemes and anything else that could go wrong with the cash of a company. However, if you asked him a question about individual taxation, he could not answer it. There are things you would expect a CPA to be able to answer, but his specialization was so narrow that he had forgotten about the other areas. Having a Reno CPA who has a wealth of knowledge is great, but not if their knowledge is not in an area that benefits you. Therefore, it is important to ask about the CPA’s background. Knowing what they have worked in, will give you an idea of how well they can help you.
Another thing that you need to look for, is how long they have been a CPA or how long they have been working in the area that you need help with. A CPA who has only been practicing for a couple of years will not have the necessary breadth of experience needed to help you. Do not get me wrong, a CPA who is fresh out of school has all the technical expertise, they just have not had enough real-life experience.
Similarly, if a CPA has many years of experience, but has only been working in their current area for a couple of years, you need to ask questions. Like the example above, if a CPA has been working with treasury and is now working in personal taxes, you should be cautious. They may be great at dealing with personal taxes, but you need to ask them about their experience. How many clients do they have, how exactly can they help you, etc…
The bottom line is that if you are looking for or working with a Reno CPA, you need to ask about their background, specialties and years of experience.
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