Do You Need an Accountant for Your Small Business?
Summary
Levi King shares his journey advising small business owners to hire accountants early. After dropping out of college to launch his own company, King relied on his father’s recommended CPA, only to discover nine months later that poor advice cost him an extra $20,000 in taxes. His experience illustrates that skilled accountants offer more than basic bookkeeping: they interpret complex data, optimize tax strategies, ensure compliance, and free up entrepreneurs’ time. As businesses grow, professionals can assist with payroll, cash flow management, financial planning, and risk management. King urges owners to vet accountants thoroughly and treat them as strategic partners, not just vendors.
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