Christmas has come once again and we are all exchanging gifts and spending time with those we love (even if maybe in a bit smaller numbers this year). It's a time to take a break from business and just focus on catching up with our personal lives, but for many business owners, despite having some real time off in a while, there is always lingering stress. There's last minute payroll, expenses to worry about and maybe even a project that didn't get finished on time. To top it off, many are thinking about taxes as well with it being right around the corner. There are some however, who rest easy and find themselves at complete ease during the holiday. This is because they took the time in quarter 4 of 2020 to ensure all of this was taken care of by one firm. Relaxing on during the festive season is all thanks to a CPA firm like Geyer and Associates taking care of the business taxes and accounting.
A bit on the nose, we understand, but it really does make a difference to have an accountant look over everything so taxes are not only completely unsurprising, but almost boring. Of course, with an expert they can even be something to look forward to as it requires less effort and yields a better payment often enough. Accounting is more about organization than intrusion. Data shows that many business owners fail to employ the services of a CPA or accountant due to budgetary concerns, the inability to delegate or fear of intrusion from outside the company. We recommend you stay vigilant and look for signs that point to the need for an accountant. Recognize red flags like being overworked or stressed about finances and taxes in particular. If your company is experiencing growing pains, and the need for lightening the load, especially on the business owner, consider an accountant.
It's important to consider this option if you've moved to a part of your company's journey where things aren't as simple as a 1040EZ form. Think of hiring an accountant as a good investment. With constantly changing tax codes, an accountant/CPA can be the difference between spending hours while on vacation thinking about these small stressors, or laughing with the family while your accountant handled the new tax laws weeks ago.
At Geyer and Associates, our main goal is to be of a help to our clients and potential customers. We love to save people money and assist them in being better organized with their financial information, but overall we are here to ensure businesses/people have the room and guidance to grow and thrive. During this holiday season it's important to look back on 2020 and, despite the obvious difficulties, ask ourselves how we can lighten the load going into 2021. Our first and safest answer is for those struggling to find a great accountant in Fort Collins and let them know what is stressing you out. There's a good chance they have listen to other people with similar complaints and have the perfect set of solutions. Happy Holidays everyone.