Build and Maintain a Firm Financial Foundation with CPA for Architects
As an architect, you should be able to focus on design by leaving all the finances to a CPA for architects. Instead of balancing the books or figuring out payroll, you can hire a professional to do it for you, leaving you with more time to focus on the areas of your business that require your expertise.
A professional CPA for architects is different than your average licensed CPA because they have experience working with architecture firms. They can help you build and maintain a firm financial foundation, but they can also help you understand the numbers, allowing you to use this information to help your business grow.
Specialized accounting services
Although the services themselves are what you would expect from a licensed CPA, it’s how a CPA for architects is able to guide you that makes them different than your average CPA. An experienced firm will offer a wide variety of services, but with experience working with architecture firms, they are able to gather the right information and present you with options that another, inexperienced accountant might miss.
Customizable services include:
- Cash flow management
- Overseas operations and outsourcing
- Operational enhancements
- Timesheets and payroll solutions
- Tax strategies and the identification of tax savings opportunities
- And more
An experienced CPA for architects will listen to your concerns, offering a customized financial services plan that fits your needs and your budget.
Architectural accounting software assistance
Accounting poses a unique challenge because every business is different. For some architects, keeping tabs on financial accounts can be helpful. That’s where accounting software comes in.
Unfortunately, accounting software can be a real challenge to use. Not to mention, you have to find the right software for the job! Not only can a CPA for architects help you with your taxes and financial accounts, they can help you get set up with your own software so you can keep tabs on your accounts yourself.
An experienced accountant will be able to provide you with an expert recommendation and get you set up to use the program. Then, they can show you the ropes, enabling you to take control of your financial future.
Choosing the right CPA for architects for the job
When you need financial and accounting assistance, the key is choosing the right CPA for the job. If you have an architectural firm, finding a professional with the experience you’re looking for is vital to the growth and continued success of your business. To learn more about all the ways a CPA for architects can help you, or to schedule an initial consultation, contact us today.
CPA for architects FAQ
If I choose to use architectural accounting software, does that mean that I don’t need to hire a professional CPA?
It isn’t uncommon for businesses of all kinds, not just architectural firms, to use accounting software. It’s a great way to organize financial information, but that doesn’t mean you should forgo a professional CPA altogether.
As mentioned above, a professional accountant can help you choose the right software, get you set up, and show you how to use it. Hiring a professional upfront can save you a lot of time that you would spend trying to understand the software yourself.
Even after the software is set up and you feel confident using it, you should still keep a professional CPA around to help. They can help you work through any problems as they arise, they can answer general questions, and they are invaluable to have on your team during tax time. Discuss an arrangement with your CPA that works for your business. Most firms are flexible and allow you to create a service schedule that fits your needs.
How can a CPA for architects help me with my taxes?
Personal taxes can be difficult, but nothing compares to the taxes that are associated with businesses. Even small businesses find themselves in over their heads during tax time!
A CPA for architects can help you in many ways. First, they can help you file your paperwork properly, and because they do taxes for a living, they can do it quickly. If you decide to tackle taxes on your own, you’ll likely spend hours working on your taxes with no guarantee that they’ve been filed correctly.
Next, a professional CPA can help your business find tax credits and deductions that you’ll likely miss on your own. In addition, a CPA that has experience working with architects may be able to find tax deductions that other professionals may miss simply because they don’t have experience working with certain business types.
Finally, a qualified tax professional will be able to help you see the bigger picture. They can help you understand the ins and outs of your taxes, enabling you to make better choices for your business for the upcoming year. They may even be able to help you identify ways to save over the upcoming year to lessen the burden of next year’s taxes.
How are accounting services priced?
It’s important to consider cost, especially if you’re on a budget. Unfortunately, there are no hard and fast pricing rules when it comes to hiring a professional CPA.
Many accountants bundle certain services together, which can help you save time and money searching for other firms to fill in the holes. However, most firms understand that you may not need their full range of services. Instead, most firms are likely to offer certain services that can be mixed and matched. To make things even easier, many accountants simply charge a flat hourly fee, no matter what services you need.
During your initial consultation, make it clear which services you require and request a quote. If you have a budget in mind, mention that too and see if they are willing to work with you.