Selecting the accountant who can work with you for your bookkeeping and accounting needs is an important decision. You need to go with someone who understands your operations, as well as the intricacies of the bookkeeping and accounting requirements for your business. You also need someone who is familiar with the taxation rules that apply to your business.

The good news is, you have plenty of accountants to choose from. There are a lot of small business accountants who can provide you with bookkeeping services. However, you don’t have to go through a guessing game to see if your small business accountant is a proper fit for your requirements.

Working with a PASBA Accountant

PASBA or the Professional Association of Small Business Accountants is a highly-respected network of nonprofit accounting professionals (Public Accountants, Certified Public Accountants and Enrolled Agents) who have a deep understanding of what it means to run a small business, as many of the PASBA accountants are small business owners themselves. As such, they know the ins and outs of small business operations and provide you with the services you need, answer your questions and help you boost your business into greater financial success. They have also developed best practices to ensure an increase in profitability and growth in small businesses.

PASBA accountants can provide you with bookkeeping and accounting services to ensure that you have your eye on your business’ finances and that your cash flow does not hamper your operations and instead you can harness these for your company’s expansion and growth. They can work closely with you as they also strive to provide you with relevant and timely financial information as you make the important decisions for your business.

Benefits of working with a PASBA Accountant

• Access to a wealth of talent and resources. PASBA is made up of members that are experts in their own areas – providing financial advice, as well as advice on tax, payroll and other aspects of small business accounting. With the network PASBA provides, you have access to these professionals and resources. Some small business accounting services only can provide you with services for a certain aspect of your operations (i.e. bookkeeping, financial consulting, budgeting and forecasting, payroll and taxes). You can have access to the PASBA network which can provide all of your finance and accounting needs.

• If you are planning to grow your business to other areas, you can count on having a PASBA member at your new branch due to PASBA’s extensive nationwide network.

• Accounting services at an affordable price. The fees are quite reasonable and easy to include in your budget, considering that you have all the aspects of small business bookkeeping and accounting under one organization.

Services Provided by a PASBA Accountant

• Regular reports. We can provide monthly, quarterly and annual reports for sales, expenses and cost of sales, as well as general ledger reports. Other important annual reports include the balance sheet and income statements.

• Processing of the Payroll. Payroll taxes can be tricky and you need help from the experts to ensure that no mistakes will cost you huge penalties. With an accountant from PASBA who knows how to handle your payroll (and its related taxes), you can rest assured that the correct taxes are withheld, reported and paid accordingly.

• Tax reporting, preparation and planning. SmallBizAccountants.com can link you to tax experts who can help you not just in your tax reporting, but also in maximizing legal tax shelters and deductions.

• Business advice. With the best practices developed, experience and training, your business can benefit from the advice a PASBA accountant can provide with regards to your business’ growth.

PASBA itself provides invaluable resources to its members to ensure that members are continually growing and aware of changes in tax laws and other pertinent information.

PASBA member accountants bring the collective resources of a nationwide network of Certified Public Accountants, Public Accountants,  Enrolled Agents and other practitioners available to answer your tax and financial questions and streamline your business accounting, bookkeeping, and payroll operations. To find a trusted accountant in your area, visit www.SmallBizAccountants.com.

Please be advised that, based on current IRS rules and standards, any advice contained herein is not intended to be used, nor can it be used, for the avoidance of any tax penalty that the IRS may assess related to this matter. Any information contained in this article, whether viewed or subsequently printed, cannot be relied upon as qualified tax and accounting advice.  Any information contained in this article does not fall under the guidelines of IRS Circular 230.

Copyright Information 2011 Professional Association of Small Business Accountants

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