Tax season can be a stressful time for any small business owner. Whether it is about preparing personal or business tax returns or looking at opportunities to maximize deductions, it can be overwhelming for even the savviest of entrepreneurs. Here in this PPT, we have outlined why SME's should hire professional tax accountants for tax preparation.

1. Why Should
SME's Hire Tax
Accountants to
do their Taxes?
COGNEESOL

2. Even if you do your
taxes on your own,
are you sure you have
calculated your taxes
accurately and taken
advantage of as many
deductions as you
could?
Tax season can
become stressful for
small, medium-sized
business owners.

3. Are you
prepared in
case the IRS
audits your
business
financials?
Your answer
most likely will
be a ‘no’.

4. Relieve
Yourself of the
tax stress this
year; find a tax
professional.

5. WHAT DOES A TAX
PROFESSIONAL DO?
A tax professional helps you with
business taxes before, during, and
even after preparing your taxes.

6. Professional tax accountants
can help you with tax planning;
they remain updated about the
latest tax laws and regulations.
Since you might not notice
changes in tax laws, you need
professional tax preparers who
can advise you from time to
time.
BEFORE

7. The tax professional you will
hire will help you prepare your
business tax files accurately
and neatly. You will most likely
get your personal tax return
prepared from the same person;
this way, you can coordinate
more while working on overall
tax savings.
DURING

8. Even after tax filing is done,
your tax preparer will help
you if the IRS knocks on
your door. Therefore, hire a
reliable tax professional who
can confidently represent
you before the IRS (in case
of an audit).
AFTER

9. SixReasons
SME'sHireTax
Accountants
todotheirTaxes

10. Item 1 Item 2 Item 3 Item 4
40
30
20
10
0
Tax return preparation is a
complicated process and prone
to errors; there are high risks of
mistakes that can lead to hefty
fines. The mistakes, errors can
cost a business a lot of money
or cause the company to be
closed permanently.
1. AVOID COSTLY
MISTAKES

11. Preparing your own taxes can
become a cumbersome affair
because you need to go
through multiple checks to
ensure the amounts (account
balance, income, expenses,
payroll, etc.) are mentioned in
the forms accurately.
2. GET RID OF
COMPLICATED TAX
FILING PROCESSES

12. Having a tax accountant in
place will ensure you identify
all the potential deductions.
Besides, these professionals
will help you to make strategic
decisions regarding year-end
deductions.
3. IDENTIFY
DEDUCTIONS

13. The tax accountant’s job is
to find ways to reduce tax
liability. With a complete
understanding of the laws,
regulations, and deductions,
your tax accountant will
ensure you owe as few taxes
as possible.
4. REDUCE TAX
LIABILITY

14. Hiring a tax accountant can
help improve transparency in
your business financials as
they maintain proper records
of each transaction, helping
you make the right decision
at the right time.
5. IMPROVE
FINANCIAL
TRANSPARENCY

15. As a business owner, you have other
more important roles and responsibilities;
by hiring a tax preparer, you can free
yourself from this stressful job and get
more time for core business processes.
6. SAVE TIME

16. Who Can
Be a Tax
Professional?
TAX ATTORNEY
Find an attorney with a specialization in business tax. A
general tax attorney could not provide enough support with
business taxes as they focus more on personal taxation.
CPA
ENROLLED AGENT
Find a CPA licensed by your local authorities to practice
accounting and taxes; prefer the one who has expertise in
business taxes.
A tax professional qualified to prepare your business
taxes and represent you before the IRS, not before a
tax court, however.

17. Mistakes to
Avoid While
Hiring a
Business Tax
Preparer:
Avoid seeking cheap tax
solutions
Avoid hiring a preparer
only for tax season
Avoid hiring non-
professionals

18. Concerning your company’s image in the eyes of the IRS,
you might want to hire tax professionals for your business
tax requirements.

19. Are you already worried about the next
tax season? If yes, get in touch with
Cogneesol – a leading firm offering
effective tax preparation outsourcing
solutions. We have skilled, experienced,
and trained tax preparers you can lay
your trust in.

20. Let's Get
Connected
on Other
Platforms
FACEBOOK
www.facebook.com/cogneesol.company
LINKEDIN
www.linkedin.com/company/cogneesol/
TWITTER
www.twitter.com/cogneesol

21. Contact Us
Today to Get a
FREE TRIAL
MAILING ADDRESS
30 Wall Street, 8th Floor New
York, NY 10005-2205
PHONE NUMBER
+1 646-688-2821
EMAIL ADDRESS
info@cogneesol.com
WEBSITE
www.cogneesol.com