{"id":473,"date":"2010-04-04T16:35:26","date_gmt":"2010-04-04T20:35:26","guid":{"rendered":"http:\/\/www.solutions4childcare.com\/index\/?p=473"},"modified":"2020-08-25T23:28:44","modified_gmt":"2020-08-26T03:28:44","slug":"473","status":"publish","type":"post","link":"https:\/\/www.solutions4childcare.com\/index\/473\/","title":{"rendered":"How to Choose the Right Accountant for Your Child Care Business"},"content":{"rendered":"<p><span style=\"color: #56a4d9;\"><strong>How to Choose the Right Accountant for Your Child Care Business<\/strong><\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignleft size-medium wp-image-1203\" src=\"http:\/\/www.solutions4childcare.com\/index\/wp-content\/uploads\/2010\/04\/accountant-medium-300x300.jpg\" alt=\"accountant medium\" width=\"300\" height=\"300\" srcset=\"https:\/\/www.solutions4childcare.com\/index\/wp-content\/uploads\/2010\/04\/accountant-medium-300x300.jpg 300w, https:\/\/www.solutions4childcare.com\/index\/wp-content\/uploads\/2010\/04\/accountant-medium-150x150.jpg 150w, https:\/\/www.solutions4childcare.com\/index\/wp-content\/uploads\/2010\/04\/accountant-medium-115x115.jpg 115w, https:\/\/www.solutions4childcare.com\/index\/wp-content\/uploads\/2010\/04\/accountant-medium.jpg 583w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Your accountant should be looked at as a valuable member of your professional team.\u00a0 A qualified accountant can provide you with advice on your accounting system, tax planning, estate planning, and financial management.\u00a0 What should you look for when choosing the right accountant?<\/p>\n<p><span style=\"color: #56a4d9;\"><strong>Use the 50% Rule<\/strong><\/span> \u2013 make sure that at least 50% of your accountant\u2019s clients are small business owners.\u00a0 And, if the accountant has other child care business owner clients, this would be a plus.<\/p>\n<p><span style=\"color: #56a4d9;\"><strong>Referrals<\/strong><\/span> \u2013 one of the best ways to find a good accountant is to ask other child care business owners who they recommend.<\/p>\n<p><span style=\"color: #56a4d9;\"><strong>Interview<\/strong><\/span> \u2013 make sure you interview several accountants face-to-face.\u00a0 Some good questions; How long have you been in business?\u00a0 Do you have other child care business clients?\u00a0 Do you understand the child care industry?\u00a0 How many people work in their office?\u00a0 May you speak with some references? It is important that the accountant is willing to and can explain your financial information in a way you can understand. Only hire the accountant that you feel comfortable with and you feel will enjoy working with.<\/p>\n<p><span style=\"color: #56a4d9;\"><strong>Fees<\/strong> <\/span>\u2013 make sure you have a clear understanding of all services you will be expected to pay.\u00a0 Many accountants have a written fee schedule.\u00a0 And, based upon the size of your business, and the services to be performed a close cost estimate can be provided.<\/p>\n<p><span style=\"color: #56a4d9;\"><strong>Computer System<\/strong><\/span> \u2013 ask what type of computer software system they prefer you keep your business financial information.\u00a0 Often times, you can save money by using a software system that the data can be exported to the accountant.<\/p>\n<p><span style=\"color: #56a4d9;\"><strong>Bookkeeper, Accountant, and Tax Preparer<\/strong> <\/span>\u2013 it is often easier to use an accountant or accounting practice that has the personnel to assist you with the bookkeeping, preparation of financial documents, and prepare your business taxes instead of having a separate bookkeeper and accountant.<\/p>\n<p>\u00a9Solutions 4 Child Care\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <a title=\"Child Care - How to Choose the Right Accountant\" href=\"http:\/\/www.solutions4childcare.com\/index\/wp-content\/uploads\/2010\/04\/How-to-Choose-the-Right-Accountant.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Download<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>How to Choose the Right Accountant for Your Child Care Business Your accountant should be looked at as a valuable member of your professional team.\u00a0 A qualified accountant can provide you with advice on your accounting system, tax planning, estate planning, and financial management.\u00a0 What should you look for when choosing the right accountant? Use&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1203,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[56],"tags":[],"class_list":["post-473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-child-care-business-operations","category-56","description-off"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.6 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How to Choose the Right Accountant for Your Child Care Business - Solutions 4 Child Care<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solutions4childcare.com\/index\/473\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Choose the Right Accountant for Your Child Care Business\" \/>\n<meta property=\"og:description\" content=\"How to Choose the Right Accountant for Your Child Care Business Your accountant should be looked at as a valuable member of your professional team.\u00a0 A qualified accountant can provide you with advice on your accounting system, tax planning, estate planning, and financial management.\u00a0 What should you look for when choosing the right accountant? 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