Hiring an accountant can be one of the most valuable decisions you make—whether you’re managing personal finances, running a business, or preparing for retirement. But with so many professionals offering similar services, how do you know who to trust?
In this guide, we’ll walk you through how to hire an accountant, what to look for, and the questions you should ask before making your decision.
Why You Might Need an Accountant
Before you begin your search, identify why you need accounting support. Common reasons include:
Tax planning and filing
Bookkeeping and financial reporting
Business consulting and growth strategy
Retirement and investment planning
Audit support or IRS representation
Whether your needs are personal or business-related, clarifying your goals will help you find the right fit.
What to Look For in an Accountant
When evaluating candidates, consider these key criteria:
1. Credentials
Look for licensed professionals such as a Certified Public Accountant (CPA) or Enrolled Agent (EA). CPAs have passed rigorous exams and meet state licensing requirements.
2. Experience in Your Industry or Situation
If you’re a small business owner, find someone with business advisory experience. If you’re retiring soon, look for someone who understands retirement tax strategies.
3. Services Offered
Choose an accountant whose services match your current and future needs—like bookkeeping, tax planning, payroll, or investment coordination.
4. Technology & Communication
Do they use modern, cloud-based tools? Are they responsive to emails and proactive about updates? Communication style matters as much as qualifications.
5. Fee Structure
Understand how they charge—hourly, flat fee, or by service. A transparent accountant will walk you through their billing structure before any work begins.
Questions to Ask Before Hiring an Accountant
Before you commit, ask these essential questions:
Are you a licensed CPA or EA in this state?
What industries or client types do you typically serve?
How do you stay up to date on tax laws and regulations?
Will I work directly with you or your team?
What’s your turnaround time during tax season or audits?
How do you bill for your services?
Red Flags to Watch Out For
Be cautious of:
Promises of “huge refunds” or aggressive tax schemes
Lack of licensing or proof of insurance
Poor communication or vague answers about services and pricing
No written engagement letter or contract
A good accountant is transparent, ethical, and focused on long-term client success.
Where to Find a Qualified Accountant
Referrals: Ask other business owners or friends for recommendations
Professional Directories: Search the AICPA, your state board, or NAEA.org
Financial Firms: Consider working with a boutique financial firm that offers integrated accounting and advisory services
Final Tip: Schedule a Consultation
Most reputable accountants offer a free initial consultation. Use this opportunity to ask questions, review your goals, and see if the relationship feels like a fit.
Conclusion
Hiring the right accountant can help you save money, reduce risk, and make better financial decisions. By taking the time to ask the right questions and clarify your needs, you can find a trusted advisor who helps you grow with confidence.
According to a 2023 report from the AICPA, over 60% of small business owners rely on CPAs for strategic planning.
(Source: AICPA Small Business Finance Survey, 2023)