Accountant Michael J. Berger Reveals How a CPA Firm Can Help Grow a Small Business – Ronkonkoma, Long Island, NY

Michael Berger, managing partner of Michael J. Berger & Co. CPA’s, LLP in Ronkonkoma, NY, has just revealed how a CPA firm can help the growth of a small business. For more information please visit http://www.bergercpa.com

Ronkonkoma, NY, United States – April 23, 2018 /MM-REB/ —

In a recent interview, accountant Michael J. Berger, managing partner of Michael J. Berger & Co. CPA’s, LLP in Ronkonkoma, NY, explains how a CPA firm can help grow a small business.

For more information please visit http://www.bergercpa.com/

When asked to comment, Berger said, “Most small business owners are unable to meet all their accounting needs. Hiring a CPA firm brings expertise and efficiency, which saves money and encourages business growth in the long run.”

Working with a CPA can assist a small business in their everyday operations, particularly as they continue to expand.

“As a company’s operations become more complicated, a simple spreadsheet is not enough to keep track of daily business activities. A CPA can train you on best practices in recording daily transactions, as well as which accounting software to use,” he said.

Berger added that an effective spending tracker can help CPAs pinpoint cash flow problems, which is something that every small business struggles with.

“CPAs are able to identify cash flow patterns, which can either help you to curtail excessive spending or determine potential growth areas. They can further draft cash flow projections, which might point to future problem areas.”

This information can help small business owners make better decisions about the financial health of their enterprises.

In addition to helping with decision making, a CPA can also complete and file your taxes as well as provide other necessary tax information.

“CPAs specialize in taxes, and they can create a tax strategy specific to your small business to minimize your tax liability and get the most out of available deductions,” Berger said.

“It’s vital that small businesses stay on top of their taxes as there are several deadlines they must meet throughout a year. A CPA will be able to ensure you meet those deadlines, which will lower your risk of getting audited by the IRS,” he said.

Berger further added that CPAs can provide advice on other tax-related issues related to payroll, such as which forms – such as W2 and 1099 – need to be sent and to whom.

When asked to elaborate, Berger said, “CPAs help ensure that you are doing everything by the book when it comes to dealing with the IRS, so you can stay tax compliant and avoid penalties.”

Source: http://RecommendedExperts.biz

Contact Info:
Name: Michael J. Berger
Organization: Michael J Berger & Co CPA’s LLP
Address: 3425 Veterans Memorial Hwy, Ronkonkoma, NY 11779, USA
Phone: +1 631-471-3400

For more information, please visit http://www.bergercpa.com/

Source: MM-REB

Release ID: 332401