Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Table of Contents Every small business owner gets to the point where they worry about the tax implications of their business, as well as having to handle accounting and other obligations. Trying to single-handedly juggle these tasks can lead to a lot of inefficiency and chaos. For this reason, many opt to hire a certified public accountant (CPA) who can handle these tasks on the behalf of your business. What Is a CPA? A CPA, or certified public accountant, is a highly skilled financial specialist who has been licensed to provide accounting services to the public. Licensure requirements include passing the rigorous Uniform CPA Exam, complying with additional state requirements and possessing a bachelor’s degree with a minimum of 150 credits alongside one to two-plus years of public accounting work experience. CPAs help business owners keep track of their finances including taxes and government filings, and also provide sound financial advice. CPA vs. Accountant vs. Bookkeeper [Compared] Bookkeeper Accountant CPA Specialist for Keeping and maintaining accounting records Analyzing financial records to get projections and budgets Financial advising, auditing […]