Why an Accountant Should Prepare Your Taxes

Tax Filing Accountant Prepare CPA

Accountants & Tax Preparation

Filing taxes can be a super stressful process for anyone’s business―but it doesn’t have to be. In fact, hiring an accountant can be a great way to help relieve some of the stress associated with filing taxes. So no matter what sort of reservations you may have about hiring an accountant, you should seriously consider obtaining an accountant’s assistance if you find yourself in one of the following tax scenarios:

You’re Recently Married

Newly married couples should almost always hire an accountant to prepare taxes. This is because, in most cases, you have probably never had to consider someone else’s income, and by filing your taxes as a married couple for the first time you are more prone to make mistakes if you don’t have any guidance.

You’re Recently Divorced

Much like filing as a newlywed, you will also probably need some assistance to file your taxes as a recently divorced person as well. This can get tricky depending on at what point during the year that you divorced. If you divorced mid-year, that may mean you still have to combine your income with your ex. Having an accountant to help you comb through your taxes can contribute toward you avoiding an audit by the IRS.

You’re Employed in Multiple States

Many people now have the ability to be employed in multiple states. While it can be exciting to work for clients in different states, it can get complicated during tax season. An accountant or a CPA who is certified can help you as you navigate filing taxes in different states.

You Have Lots of Foreign Assets

Do you have lots of foreign assets? You’re not alone; however, this too can be a complicating factor when filing taxes. Look for an accountant or a CPA who knows how to help you report your foreign assets correctly. Having someone inexperienced in this area could not only have you owing back taxes but it could also generate legal troubles.

You’re a Small Business Owner

Small business owners often think that they are the only ones who don’t need an accountant to help with their taxes; however, small businesses should want to make sure that they have all their ducks in a row before their small business grows to insurmountable numbers. Plan now for what you want later.

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  • Huddleston Tax Accountants / Huddleston Tax CPAs – Redmond, WA
    Certified Public Accountants Focused on Small Business
    8201 164th Ave NE Suite 200 / Redmond WA 98052

    Huddleston Tax CPAs & accountants provide tax preparation, tax planning, business coaching,
    QuickBooks consulting, bookkeeping, payroll, offer in compromise debt relief, and business valuation services for small business.

    We serve Tukwila, Auburn, Federal Way. We have a few meeting locations. If you are looking for a Redmond CPA firm, get in touch with us! Call to meet John C. Huddleston, J.D., LL.M., CPA, Lance Hulbert, CPA, Grace Lee-Choi, CPA, Jennifer Zhou, CPA, or Jessica Chisholm, CPA. Member WSCPA.