Vibe Check v. Credentials:

As an enrolled agent I understand how important it is to review credentials prior to hiring a tax professional especially with all of the scammers sprouting from the woodwork claiming to be tax preparers. Here are some important things to consider when choosing an accountant and tax professional. 

An enrolled agent may be a better choice for your business. An enrolled agent specializes in tax law. They are educated in IRS tax law specifically and are tested on representation, preparation, planning, and ethics prior to being licensed to practice before the IRS. An enrolled agent is able to represent you across state lines as they are licensed to represent taxpayers nationwide unlike a CPA that is only able to represent in the state they are licensed to practice. This is especially important if you find yourself under audit, an out of state CPA will not be able to represent you before the IRS in the audit as they are not licensed to practice in your state.

How do you choose between two professionals with similar educational backgrounds and experience? You have to do a vibe check before signing your engagement letter to be sure you will work well together. Your businesses’ accounting is integral to your success so you should expect to have a strong relationship with your accountant. 

Here is how you check the vibe:

1. What is their communication style?

   1. Are they forward or do they speak in nuance?

   2. Does that communication style match your own?

   3. Will you feel comfortable speaking to them or will you avoid communications?

2. Are they responsive?

   1. How long does it take for questions to be answered?

   2. Are there multiple people on your account, how is communication handled between team members?

   3. Are your questions answered clearly and concisely?

3. How do they speak to you?

   1. Are they affirming?

   2. Are they overly critical or rude?

   3. Do you feel like your success matters to them?

4. What services are included?

   1. Is there tax and accounting advisory?

   2. Are you expected to be the bookkeeper?

   3. Are there established business goals?