How often should you visit your CPA in Orange County?

Regular visits to your doctor and dentist are the law. You don't need anyone to remind you because you know it's important. In the same way, it is also important to make a regular visit to your CPA, but how often?

One of the most common dilemmas of people who have their own businesses is to know how often to pay a visit to their trusted CPA. Most of the time, meeting only once a year is not enough to clarify all the pending accounting issues that you may have. In this blog we tell you the situations in which we recommend you visit your trusted CPA:

1.- Once every three to four months to address day-to-day situations.

At Core CPAs & Advisors we recommend that you schedule an appointment with your CPA at least three or four times a year.

It doesn't matter if you decide to do it in person or via video call, the point is to meet with him or her. With this frequency, it gives you the opportunity to plan a tax strategy that can be tailored to your company's needs, as well as tax, performance, and other details that need to be adjusted in a timely manner. If you schedule appointments only once a year, it is difficult to cover all of these topics in such a short period of time.

2.- Before making an important business decision.

These are the times when you need to have the clearest picture possible, which is why you need the advice of experts in all the necessary areas, including accounting. In this way, your trusted CPA can advise you correctly to take the path that best suits your company.

The important thing is to see your CPA before making the decision and not after, when not much can be done if there is something to correct or improve, avoiding frustrations for both parties.

The most common method of reporting is Form W-2. Wages, dividends, self-employment income, royalties and capital gains must also be reported.

It should be made clear that your CPA will most likely be busier than ever during tax season, so you should schedule ahead of time. We recommend you avoid dealing with non-tax or urgent matters during those months to expedite processes.

Seeing your CPA on a regular basis will help avoid issues that can become more complex over time, such as frequent doctor visits. Having access to your CPA's professional expertise helps you make better accounting decisions for your business.


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