A CPA, or Certified Public Accountant, is an accounting professional who has passed a rigorous exam and met special education and experience requirements to earn a state license. That license means they’re held to the professional designation’s high standards and can often offer certain services that others can’t.

CPAs are best known for helping with taxes; like preparing and filing tax returns and planning strategies to minimize what you owe. But their work goes far beyond that. They can review financial records, conduct audits, prepare financial reports, offer business advice, and help with budgeting and financial planning. Some CPAs even take on leadership roles like controller or CFO in companies.

You might consider hiring a CPA if your finances are more complicated than basic tax filing, especially if you run a business, have investments, own rental properties, or want help planning for the future. Because CPAs have what are called “unlimited representation rights,” they can speak for you before the IRS, which can be a big help in an audit or if you have tax questions.

In short, a CPA can be a trusted financial expert who can handle your taxes and interpret how they relate to your financial picture. They can also guide big decisions that could impact your taxes. This makes them a valuable partner for both personal and business finances. Learn more about a CPA's requirement's here and read the full article here to learn more about the role of a CPA.

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