T. Osinowo CPA, Inc

There's a reason why the big corporations invest heavily in accounting. From day-to-day accounting, payroll to month-end accounting, to internal controls, cost accounting and auditing, all these are accounting that affect every business. You use it in every area of your business.
When you plan your sales by determining how many customers you want in a month and back trace that to how much marketing to do, that is accounting. Clearly, accounting helps you in your sales. It also helps you understand your pricing - are you charging too much or too little?
It helps you understand your tax obligations, what deductions can you get? You might have a sense of what your business brings in, and what your expenses are, but when you do the actual accounting, the picture is often vastly different from your "sense". You might discover you have more expenses than you thought and therefore your taxes can be much lower. Only a good accountant can help uncover the true revenue, true income and your true taxable.
A great accountant will help you establish accounting routines in your company in these three ways:

1. What are the things you, as the business owner, need to do to fully, uncompromisingly, capture absolutely all the expenses your business incurs? If you are a small business owner, this is an incredibly tough process and ongoing learning that only a great accountant can support you in.

2. Establish the accounting processes inside your company insofar as weekly, monthly, yearly routines to ensure timely accounting data and clean books.

3. Capturing accounting data correctly, consistently, ie by coding the same transactions the same way, every time. For instance, when paying United Postal Service (UPS), a well-known vendor in shipping and postage, but which also offers copy and printing services, a poor accountant might enter the name twice as two different vendors, one under UPS and again under United Postal Service, and code the expenses under two different accounts (postage and copy/printing).
When problems like this, (and much worse), are rampant in your books, it becomes a BIG problem, and quite frankly, your books become useless in utilizing it to run your business. This means your sales numbers, pricing, and marketing efforts are affected. This does not work.

A great accountant will provide help in compliance with all local laws, rules and regulations regarding your business. Beginning with how you organize your business to be compliant in state in which your business is registered as well as to reap the maximum tax benefit and what is most ideal for your business industry and business model, these must all be considered by your accountant. What to consider are also recurring tax filings that if missed can at minimum create huge penalties, and at worst, create criminal and civil liabilities. Again, these are things a great accountant will be able to advise you on.

The same applies to individuals on their personal taxes. A great accountant can assist their individual clients on staying within the bounds of the laws while maximizing taxes. The tax regulation on individual side is absolutely massive and convoluted. It also applies to every individual who makes money, whether as an employee or as a business owner. There are many pitfalls that a taxpayer can fall in.

I advise personal tax filers and business owners to seek the help of a great CPA. At T Osinowo CPA, Inc, we can help you in all these areas. Contact us. Phone: 346-291-3411. Email: info@tosinowocpa.com

I absolutely love helping my clients understand the law that applies to their specific situations and goals, whether personal our business. The regulations in the US are numerous and most people really only know the most common. I love how I leverage the tax law to reduce my clients' taxes. Based on my preliminary understanding of clients' situations, I have a predetermined expectation of what their taxes will be. I still surprise myself when I do my work and their taxes are much less. I am proud to say I continue to innovate on tax-saving strategies that even I surprise myself.

It's just always seemed to be what I was meant to do. Of course as many other children, I expected to be something else as a child-a doctor. As I grew older being a doctor just no longer fit. And through a certain degree of trial and error, I started my business knowing absolutely nothing except accounting and taxes. I certainly didn't know what to expect as a business owner. The more I experience my business and myself being in business, the more I know it was always going to be where I end up.

We have a process you'll love. These days, in the age of technology, we've built a-state-of-the-art system that offers ease and convenience to our clients. There isn't a week that goes by that I don't hear how busy my clients are. Why, then, add a trip to the CPA's office to that never-ending to-do list? We've built a system that saves our clients that extra time in trip to our office and supports them in being busy, on-the-go professionals. Not only that, our clients are 99% happy about our work. You focus on building a great life and worry less about your taxes.