There are several uses for a Certified Public Accountant

A certified public accountant, or CPA, can serve a lot of different uses for different people. If you manage your own finances, you might find that a CPA can actually be quite useful in a number of different situations. If you are unsure of whether or not you could use a certified public accountant in Oakland County MI, think of the following areas in which financial assistance could be useful:

  • Planning for your future. Wondering about how you are going to send your kids to college? A CPA can help you analyze where you are financially, where you need to be when your kids are college age, and what steps you need to take in order to get there. Or how about retirement? There are plenty of people in the world that are not preparing properly for retirement, and this can be dangerous. After all, when you reach retirement age, you are not going to want to work anymore. But if you do not position yourself now to prepare for retirement, then you may be stuck having to work to keep bills paid instead of relaxing and enjoying the retirement you’ve earned. A certified public accountant in Oakland County can help you manage this important issue and get yourself ready for retirement.
  • Estate planning. This means planning beyond your future. How your money is spent after you are gone is something that many people take very seriously. What will be done with your money? Or how about your other possessions? Would you like to set up a trust fund? Do you want to divide up your finances among your beneficiaries? These are all questions that a CPA can help you answer, and having assistance will help you make the right choices and have your wishes planned out ahead of time.
  • Taxes. This is possibly the most common use of a certified public accountant, but it is an important one. Tax laws can be tricky, and they become more complicated as you grow older and your assets and liabilities become more complicated. A CPA can help you navigate these laws and help you avoid government penalties.

There are so many different reasons to use a certified public accountant, but in the end, the sole reason is simple: a CPA helps you keep things straight, financially. Avoid little problems that can derail or complicate your plans. Instead, just hire an accountant and get the assistance you need to do it right the first time.

Contact Beals Caruana & Company Today! 248.251.1050