Should You Hire a Financial Advisor or An Accountant?

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Should You Hire a Financial Advisor or An
Accountant?
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• Most businesses need professional guidance when
  it comes to their finances at some stage, and
  even smaller businesses with fewer employees can
  benefit from the expert knowledge provided by
  financial advisors and accountants. But how do
  you know if you need the services of one, or the
  other, or both?
• Lets look at the roles of each professional
  respectively, so that you can better determine
  which one might best suit your needs

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• Times when you might benefit from the help of a
  financial advisor
• If any of the following circumstances apply to
  you, then you might benefit from the help of a
  financial advisor
• Your financial situation is complicated
• Whether you have a lot of debt, investment income
  or any other factors that make your financial
  situation a little complex, then seeking help
  from a financial advisor could help you make
  sense of it all and come up with a more refined
  plan and budget.

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• Youre focused on investing or reducing debt
• If you need expert help with selecting an
  investment strategy, individual securities or
  finding a workable plan to reduce your overall
  debt, then you would almost certainly benefit
  from professional help in the form of a financial
  advisor.
• Its important to note, however, that accountants
  can also help you reduce your tax burden, and
  therefore your debt, making working with both
  parties, beneficial under many circumstances.
• Times when you might benefit from the help of an
  accountant

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• Remember that working with an accountant doesnt
  have to mean hiring one in-house there are many
  amazingly cost-effective outsourced accounting
  solutions available nowadays, that can save you
  the costs typically associated with hiring
  professional help in-house.
• If any of the following circumstances apply to
  you, then you might benefit from the help of an
  accountant
• You need help growing your business
• With their expertise and experience, a good
  accountant can help you formulate solid
  strategies surrounding your finances, to help you
  grow your business sustainably.

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• Your taxes are in a mess
• Theres no better professional than an accountant
  to help you set your taxes to right, and with so
  many different strategies to reduce your tax
  burden, an accountant can actually save you money
  on your taxes.
• You need help preparing your tax return
• Preparing a tax return can be a time consuming
  and lengthy process, and you want to be sure to
  get it right first time around. With an
  accountant on hand to help, you can prepare your
  taxes perfectly.

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• Youre being audited by the IRS
• Accountants can be immensely helpful should you
  find yourself being audited by the IRS, and if
  theyre trained as a CPA, they can even represent
  you in court.
• While there are undoubtedly occasions when a
  business owner might benefit more from the expert
  guidance of either professional, there is almost
  certainly an argument for seeking help from both,
  too. When it comes to your taxes, however, an
  accountant is undeniably the best person for the
  job.

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• At Heyer Inc, we proactively assist our
  individual and small business clients in meeting
  their goals. Our key area of focus is ensuring
  that our clients remain compliant with federal
  and state tax laws by providing them with high
  quality accounting and tax services Miami. If you
  are looking for an individual accountant in
  Miami, heyer inc would be a right option.