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Tax planning Whether we give fixed prices* (90% of Do My Books clients are on fixed price) or bill by the hour it comes back to two simple things for accountants: the amount of hours to complete the task and the experience of the individual involved. Management Accounts A huge amount of Irish small businesses and even some medium ones have no idea how much profit they are making on a monthly basis and rely on the end of year statutory accounts for management information. Availability Its important to ask, who will be dealing with your account and working on your accounts in the longer term.
This may all seem like common sense but as the recession (Sorry for using that word!) continues small businesses rightly look for value, its just important to remember to compare like with like. There was no income that year but I had to travel and I have some expenses I want to account for. Hi i am in the process of opening a business ( was thinking of a limited company) it will be a hair and beauty salon and was wondering how much would a accountant cost and also what will he do for me?
I have a registered business name in Ireland, with a Cork mailbox, that I use to invoice USA customers for my IT consultancy services.

Choose good and fast and we will postpone every other job, cancel all appointments and stay up 25-hours a day just to get your job done. Choose good and cheap and we will do a great job for a discounted price, but be patient until we have a free moment from paying clients.
A law blog addressing the foci of 3 intrepid law geeks, specializing in their respective fields of knowledge management, internet marketing and library sciences, melding together to form the Dynamic Trio. I have worked in accounting before but I want an accountant to review this and help me out. Also is there a way of doing a part of the accounts and to end up cheaper or how does it work? You truly get what you pay for, and in our opinion this is the least favorable choice of the three. Is the accountant charging enough from each client to allow them selves to take time out each month to read, study and attend training seminars on the latest tax affairs?

It goes without saying that you ensure your accountant is a member of a recognised accounting body. Had to use HMRC to calculate my corporation tax (or buy more software) and it matched the value I already sent to Companies House yesterday (to the penny) phew! The other concern is if an accountant has a technical query have they charged enough in the quote to engage a  tax consultant who is an expert in their field?
The level of business advice and expertise you will receive can vary considerably from a junior to a 10 year veteran. Ultimately ensuring your accountant is well versed in current tax matters and is budgeting for adequate amount of tax planning time is critical.

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