Can you supply tax audit security? In the event of an audit, every reputable accounting company will stand by their work and stand beside you in the event that you face an IRS audit. It's possible to judge the experience and assurance of a Chicago accounting firm by simply asking what they'll do in the case of an audit by the IRS.
Do you know my industry? A Chicago accountant with knowledge of your business might have the ability to add value and save your organization money. They will also be present on any regulations that might be unique to your business.
Will you provide technical guidance? This is important for your day-to-day operations. You would like a local accounting firm that provides even more than advice on lowering your tax obligation. You desire an accounting or bookkeeping firm that is available and proactive yearlong to answer questions and decrease company costs on a regular basis.
During your initial meeting, make sure that you inquire about each of the services the local Illinois accountant provides and which services you may need now or later on. If they don t do all the accounting services that you require, can the Caribbean Chicago based accountant refer you to a different trusted firm?
But before you hire a downtown Chicago based accountant, ask some questions first. After all, you will trust your business financial information for this business. Schedule a meeting with a respectable Chicago accountant and ask these questions: what's the breadth of your solutions?
Are you properly licensed? Since some businesses require that accounting firms have particular credentials to file certain reports, so it's also important to inquire if the Chicago accountant is suitably licensed in your own industry.