Do you want to hire a professional Certified Public Accountant for your business? Are you making queries like “best CPA Thornton” or “CPA near me” on the internet for quite a while now? Don’t worry! You’ll find all your answers on this page.
While running a business, It is important to have an experienced Thornton CPA on the board who can keep track of all the finance and accounting stuff for you. Every successful business today surely has a valuable CPA on their team to handle the accounting aspects of their business while they stay busy running the business.
Just like your financial advisor, the CPA you hire should be one of your most trusted advisors. An expert CPA can help you with filing comprehensive tax returns, filing proper documentation with the IRS, and keeping tabs on the company’s current health. A CPA keeps track of all the profit and loss statements, incoming revenue, and outgoing expenses.
As a business owner, you are not expected to have expertise in every possible area of your business. So, you need to have someone who stays active in the market and holds a great track record.
How Choosing the Wrong Thornton CPA can hurt your business
1. Inaccurate Business Records
When you hire an inexperienced Thornton CPA, you make your business vulnerable to a lot of financial problems. The most important ones are losing your valuable data and getting late on important payments.
An unprofessional CPA will always make mistakes in tracking business records. This will make your accounting and bookkeeping unreliable. Besides that, be prepared for major stress during the tax season because the wrong CPA will give you a major headache. Ultimately, your business will come under the whirlpool of problems that will hinder your business growth.
2. Tarnished Reputation
Hiring the wrong Thornton CPA will not only cause you a financial loss but also lead to a compromised reputation in the market.
At some point, if you contact your clients asking for a year’s worth of VAT to cover what you owe, you’ll surely appear unprofessional. This can even put you into more financial trouble.
3. Stressful Company Environment
As a business owner, when you are under financial problems, it trickles down to your employees/team as well. When you are always worrying about the stability of your business, you’ll not be able to appear as a motivated and strong leader for your company.
Therefore, choosing the wrong Thornton CPA will not only affect your business but also your family and your future. So, always make a calculated decision.
Top 5 Tips for Vetting Thornton CPA’s
1. Testimonials & Reviews
Checking the testimonials and reviews is the most important step in finding the right Thornton CPA. When you are doing research, make sure to pay attention to the real testimonials. Always choose a CPA who can show a record of their work performance, holds good reviews, and is marketing actively. You can use Google and Yelp to check the reviews of a CPA.
Ask the business owners, contractors, or vendors in your circle to refer a professional Thornton CPA for you. Another good tip is to ask your attorney if you have one. They will surely know a good CPA.
3. Check the CPA out
By “checking the CPA out”, we actually mean that see how they respond to you when you try to get in touch with them. First of all, check if other people recommend that particular CPA on Linkedin, Yelp, or Google. Does the CPA get back to you in a timely manner?
Before making a final decision, try to have a face-to-face meeting and discuss your financial goals as well as your business concerns. During this process, if you feel hesitant to ask a question or request some information, it’s good not to hire that CPA.
Ideally, find a CPA who is a full-time Thornton CPA. Working with a part-time CPA or one not available for most of the year will create hindrances for your business.
Ask the CPA how much he or she will cost you annually. To prevent overspending, make sure the costs are discussed upfront and not exceeded. Set the expectation first, and make sure it is adhered to. Price doesn’t necessarily indicate the quality of work; it represents how they alone value their time and expertise.
You’ll hear a lot of business owners complaining that “My accountant is hard to reach”. So, while hiring a CPA in Thornton, make sure you are not choosing a person who isn’t on top of their business and potentially lets your business slip by the wayside.
Advantages of using a CPA over an accountant
Hiring a CPA over an Accountant Holds a lot of benefits. Some of them are:
1. CPAs are held to a higher standard,
2. They are effective when it comes to handling IRS issues.
3. They have more extensive training and education than an accountant.
4. You will also find that accountants aren’t as “serious” about their business. CPA’s are the ones who are building firms, helping small and large corporations, and handling everything from A-Z for business owners as a one-stop shop.
10 Best Thornton CPA’s and Accounting Firms
Always do your research on CPA before making the final decision. To make things easy for you, here is a list of some of the best CPAs within Thornton for you. We have selected these companies based on their experience, ratings, reviews, and exceptional services.
1. Trusted Accounting and Tax
Trusted Accounting and Tax is an accounting firm offering creative management solutions to individuals and small to mid-sized businesses while taking care of their payroll and accounting-related tasks.
The staff accountants and partners of this firm serve a wide range of industries including individuals, corporations, partnerships, and non-profit organizations. They hold in-depth knowledge of every aspect of tax laws, business, and personal finance that allows them to provide tax and accounting solutions to every kind of business.
Trusted Accounting and Tax
8710 Grant St Ste 110,
Thornton, CO 80229
2. Tanya Accounting, Inc.
Tanya Ruybal is an enrolled agent with the IRS and a Pro Adviser for Quick books. She has been providing income tax services since 2000. Through her firm, Tanya Accounting, Inc, she offers a variety of accounting services to businesses and individuals.
Her firm work with the belief that in order to offer the best accounting and consulting services, you have to focus on the specific needs of businesses and understand their financial situation. Some of her major services include tax preparation, bookkeeping, payroll, and IRS account resolution.
Tanya Accounting, Inc.
12507 Albion St
Thornton, CO 80241
3. Harford Tax Service
Harford Tax Service is an accounting firm expert in all areas of taxation ranging from corporate, estate, individual, partnership, and federal to local and state taxes. It offers personalized tax preparation services that software packages can’t.
The firm keeps you updated with the changing tax laws and prepares you accordingly. It also keeps your life events like the birth of a child or running a new business in focus while preparing a strategy for your business. It has designed the Tax Organizer to help you maximize your deductions and minimize the problems in preparing and filing your tax return.
Harford Tax Service
9101 Pearl St #210
Thorton, CO 80229
4. Winter Mountains Tax
Winter Mountains Tax is a tax Preparation Service serving individuals and small businesses. The firm offers accounting, auditing, and tax services on an ongoing or special needs basis. It offers one on one service to provide a personalized experience to clients to meet their personal or business accounting needs. The company provides a tailored approach depending on the needs of your business so that you can make good financial decisions.
Winter Mountains Tax
13221 Garfield Place
Thornton, CO 80241
5. YTD Bookkeeping Services
YTD Bookkeeping Services is bilingual (English/Spanish) accounting firm serving Thorton for more than 10 years now. The firm ensures that the clients have an expert finance partner with them while they are making small and large financial decisions.
Some of the major services of this firm include accounting, bookkeeping, sales tax filing, payroll processing, QuickBooks training, QuickBooks file setup, business consultation, and community financial classes for non-profit organizations.
YTD Bookkeeping Services
9101 Pearl St #127
Thornton, CO 80229
6. Pinnacle Tax and Accounting
Pinnacle Tax and Accounting offers top-quality, accurate, and affordable tax and accounting services to individuals and small businesses. The firm has built long-lasting relationships with clients, associates, and communities by delivering care in every interaction and conversation. It helps you only pay the money that you owe in taxes and not a penny more.
Pinnacle Tax and Accounting
11916 Washington Street
Northglenn, CO 80233
7. H&R Block
H&R Block is a well-known tax-service company offering tax, accounting, and financial advisory services to individuals & small businesses. The company was founded in 1995 and since then it has prepared 800 million tax returns and has approximately 12,000 offices throughout the United States.
You can get your taxes done by a tax pro in an office, via video, or by phone. The firm has a very clear pricing policy and you get to know the price of tax preparation before the contract begins as a part of a no-surprise guarantee.
Colorado Marketplace Shop Ctr
3788 E 104th Ave Thornton, CO 80233
8. Patrick R. Grady, CPA
Patrick R. Grady is an expert CPA focusing on personal and small business taxation. He also serves clients who need payroll and bookkeeping. His firm started with very few clients in late 2019 and then grew to over 900 individual and small business tax returns in 2022.
The company spent $0 on advertising in 2021 and 2022 because its clients have been the no. 1 referral source for bringing in business. Patrick Grady believes in providing actual advice vs. just reconciling the general ledger.
Patrick R. Grady, CPA
1333 W 120th Ave Ste 122
Westminster, CO 80234
9. Mark Steichen CPA LLC
Mark Steichen CPA LLC is a full-service accounting firm serving individuals, small to mid-sized businesses, as well as major clients. It satisfies all your accounting and tax needs by offering affordable, friendly, and experienced tax accountancy services.
Mark Steichen, CEO fo the firm, knows well how to get you out of the trouble with the IRS. He is a former IRS agent and CPA licensed in the state of Colorado with over twent-five years experience. He helps you to stay on solid financial ground with his expert advice and customized strategies.
Mark Steichen CPA LLC
6343 W 120th Ave Ste 210
Broomfield, CO 80020
10. John Gallo, CPA
John Gallo is a Certified Public Accountant with 30+ years of experience in providing accounting, tax preparation, and financial advisory services. He runs his own firm offering high-quality services with low overhead and reasonable prices.
The firm specializes in preparing individual tax returns, tax planning, and business consulting. It gives you significant level of commitment, service, and expertise that you demand from you tax accountant.
John Gallo, CPA
2500 E 168 Ave
Brighton, CO 80602