Imagine this: You hired a national accounting firm only to find that their poor knowledge of local tax laws and accounting regulations created a larger tax burden for you or your business than it should have. Or, worse yet, they left you holding the bag on an audit or investigation.
It pays to engage an accountant who understands the tax laws and accounting standards in your state, county and municipality. Location does matter.
When Technology Meets Local Expertise
How can you be sure that your accountant has the local expertise you need to strengthen your bottom line and avoid tax issues? One way is to rely on a reputable firm that employs accountants and tax preparers in your local area. But how, you may also ask, could a national accounting firm have that kind of reach?
The evolving nature of business and technology makes it possible. The modern office is no longer what it used to be. Instead of trying to gather employees together in a central place, telecommuting options – like cloud computing, conference calling, and video conferencing (think Skype) – allow meetings and collaboration to happen anywhere, anytime.
Employees can now engage remotely from their home offices without ever getting in a car or taking a bus. Water cooler conversations might now involve talking to your dog beside the coffee maker in your kitchen. Alternatively, you might work in a satellite or remote office close to your home with just a handful of other employees.
Is Telecommuting Smart for Business?
Reports show that the number of people telecommuting in the U.S. grew by 115 percent over the last ten years. Almost four million employees, representing nearly three percent of the total U.S. workforce, work from home at least half the time. That’s no small potatoes. But is it smart potatoes?
While it’s easy to see how telecommuting offers work/life balance to employees, it’s also true that it can provide great benefits for employers as well. Studies have shown that telecommuting reduces employee turnover, improves productivity and lowers costs. Employees who spend at least some of their time working remotely have been reported to have higher engagement than employees who don’t. As long as telecommuters are focused and have the ability to manage themselves, they can be extremely productive – and equally responsive to clients or customers – working remotely.
The 1-800Accountant Advantage
When it comes to hiring an accounting firm with local expertise, it’s hard to do better than 1-800Accountant. Our accounting professionals live and work in your state, county or municipality – and sometimes right in your own neighborhood. We’re a virtual accounting firm merging the convenience of technology with live support from real professionals, providing personal accounting services to individuals and small businesses.
1-800Accountant has now expanded into Florida with a team of accountants, CPAs and enrolled agents to perform tax advisory and preparation, payroll, bookkeeping and audit defense. For professional, year-round services at an affordable price, schedule your consultation with America’s accounting firm.