Business Minded Accountant, Gary J. Merz, Reveals How a CPA and Accounting Firm Can Grow a Small Business – Lacey, WA

Accountant Gary Merz, founder of Budd Bay, CPA, has just revealed how a CPA firm can help owners with the growth of their business. For more information please visit https://bbaycpa.com

Lacey, WA, United States – April 23, 2018 /MM-REB/ —

In a recent interview, accountant Gary Merz, founder of Budd Bay, CPA in Lacey, WA, has just revealed how a CPA firm can help grow a business.

For more information please visit https://bbaycpa.com/

When asked to comment, Merz said, “Many small business owners understandably cannot meet their company’s accounting demands due to a lack of expertise or time. Outsourcing to a CPA can help save valuable time and money, as well as encourage business growth.”

One of the most important things, Merz says, that a CPA brings to the table for small business owners is tax preparation.

“Most small businesses are held to strict rules set out by the government when it comes to taxes, such as deadlines for quarterly filing. A CPA ensures that your company files promptly and avoids any penalties from the IRS,” he said.

Merz added that a CPA can also provide tailored advice on forms such as W2s and 1099s that need to be submitted to ensure that small businesses are entirely tax compliant.

“CPAs are also skilled in creating tax strategies that minimize tax liabilities and take advantage of deductions available for small businesses, keeping your hard-earned money in your pocket and use it for revenue-generating operations,” he added.

Another way that CPAs support the growth of small businesses is by providing invaluable advice to track everyday business expenses.

When asked to comment, Merz said, “Before coming to me, a lot of my clients used simple methods such as a spreadsheet to track their daily transactions. However, as their business operations became more complicated, they needed better ways to record daily activities.”

Merz added that consulting with a CPA will allow you to learn about better tracking methods and more advanced accounting software to stay on top of business expenses.

“Having an efficient tracking system is important as CPAs can use this to analyze patterns and pinpoint current and potential cash flow problems, which is something experienced by nearly every small business owner. CPAs further provide customized advice on how to avoid these cash flow issues,” he said.

“CPAs also make use of your company’s financial information to draft financial statements and projections to narrow in on potential investment areas, which will ultimately help in making future decisions about the financial health of your company.”

Source: http://RecommendedExperts.biz

Contact Info:
Name: Gary J. Merz
Organization: Budd Bay CPA, Inc. PS
Address: 1119, 4440 Pacific Ave SE, Lacey, WA 98503, United States
Phone: +1 360-786-9515

For more information, please visit https://bbaycpa.com/

Source: MM-REB

Release ID: 332399