Accountants are smart, hard working, and they basically do everything for you, right?
Well, yes and no.
Typically your tax accountant (maybe you call them an EA or a CPA) is focused solely on filing your federal and state income taxes. This means there’s still a lot of “financial admin” you’ll have to take care of on your own to keep your business running.
Here are five financial tasks you’ll need to get done to keep your business running smoothly.
You’ll need to take care of these yourself or commission your accountant to do in addition to tax filing.