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Lodestar Tax and Accounting profile image
L

Lodestar Tax and Accounting

Adams

‘19 Certificate of Excellence

Choosing a partner with uncompromising integrity to oversee your accounting functions is essential when running a small business. Discover why so many business owners in the Westminster, CO area trust an accounting firm, that's part of their community, Lodestar Tax and Accounting Inc. We have a stellar reputation for providing quality accounting services and money-saving tax strategies coupled with unparalleled customer support. To us, clients truly come first. We are committed to helping every client succeed so we work alongside you throughout each stage of your business from inception to maturity. Together, we'll negotiate the path to reach your financial and business goals. We also offer prompt and accurate income tax preparation for business owners and individuals.

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What kind of accounting services do you provide?

We provide general accounting and full charge bookkeeping, business valuation, cloud accounting, Outsourced CFO Services, Incorporation and new business advisory, business tax preparation, individual tax preparation, tax resolution for those that have tax problems with the IRS, and tax planning services.

Why is it so important for businesses to hire a great accountant?

An accountant is a pivotal role in a business. They could make or break a company's success. They are many factors, it is a big relationship between the accountant and the business and owners, and as in any relationship, communication is key. Then you have things like trust and confidence. We want to make sure we communicate plainly so the client fully understands without talking down to them. A great accountant is proactive, most are reactive though. Lodestar was started to be that proactive accountant. We have great experience with many industries and know most of the troubles out there and we can guide you to make adjustments to sail past obstacles and be successful. As our name implies we will navigate and guide your company to success.

What do you love most about your job?

I love the people and their businesses, being a part of something great helping them succeed.

What inspired you to start your own business?

I come from a family of small business owners and had a small business myself. That business did not succeed but from it and experience with the families businesses, I saw what was available in accounting and bookkeeping. Firms that wouldn't listen to owners, talked above them or down at them, just taking work without any interest in their client's success. I felt owners deserved better and I knew I could provide better. I have extensive experience as a corporate accountant as well as a small business owner. I take pride in the success of my clients.

Why should our clients choose you?

Experience, integrity, and trust. Our goal is to become the trusted advisor who gives you the tools and suggestions to make smart business decisions. When you want to discuss important issues, we're always easy to reach and eager to offer advice. Leverage the insights we've gained from years of experience working with all types of small business owners

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Accounting FAQs

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Your expert Accountant will be able to advise you on the full range of services available and will be able to help you select the best financial services for your company. They will also be able to answer any questions you may have. Use Bark to get free quotes and find an accountant today.

The title 'Chartered Accountant' and the letters ACA or FCA, indicates that the person has undertaken a minimum of three years in-depth training, passed a series of examinations in financial management, auditing, business strategy and taxation as well as committing to continuing professional development.

As opposed to specialising in tax returns, a Chartered Accountant instead will focus on providing accurate records of all financial transactions for an individual or business. Consequently, this type of accountant is more likely to be found employed in a more commercial capacity.

Hiring the right Accountant for your business may take a bit of time. Who you choose to look after your accounts is vital, especially if you have plans to expand as you will need to look for someone who will get more involved in the financial side of things the bigger your company gets.

  • Research - Start with the company’s website and look at the accounting services they offer with an eye on what you might need in the future. If you choose an accountancy firm that doesn’t have the expertise to help you as your business expands, you will end up needing to finding another accountant.

  • Create a shortlist - Create a shortlist of three or four firms you
    think are a good fit and arrange face-to-face meetings with all of
    them. In addition to the fees, you need to find out about the
    services they provide, as well as their customer services.

  • Fees - Some Accountants charge by the hour while others operate on a fixed-fee basis. You need to be clear before selecting an Accountant for your business on how their fees are calculated.

  • Qualifications - It is important to ask questions about the
    qualifications and experience of the people who would be dealing with your accounts. You need to know that you could work with them, trust that they are on your side and are continually looking for ways of
    adding financial value to your company.

  • Accounting software - You will want to check that any systems you use are familiar to the accounting firm. Your current method of financial reporting may not be the most effective one for your business and they may recommend systems that can do it better.

  • Financial jargon - If you are not an expert on finance, your Accountant needs to understand this and be able to communicate with you in a clear and concise manner.

You can be confident that any of the Accountants listed on Bark will be a safe pair of hands for your finances.

Before you choose an Accountant, you could ask to see examples of their work, read testimonials and ask to see references of past work they have done.

The AAT (Association of Accounting Technicians) qualification is the minimum level of qualification required for most kinds of accountancy. To become a chartered accountant, you need to obtain higher level qualifications such as the ACA, ACCA or CIMA, which will allow you to become a chartered accountant.

You could also look at their profile page on Bark and view reviews from past customers as well as examples of work that they have completed. This might also help you get some ideas for the types of services you need.

Accountants offer a range of different services. These include:

  • Accounting - All accountancy firms produce financial records, track your revenues and expenses and provide consulting on your business's overall financial health.

  • Auditing - Many businesses require a periodic audit of their finances which may be a requirement of your investors or written into the bylaws of your incorporation.

  • Tax Filing and Planning - Many accounting firms can ensure your financial reporting practices are compliant with current regulations, determine your company's tax liability and make sure you meet filing requirements and deadlines.

  • Management Consulting - Many accounting firms offer business advisory services to help you with your business plan, evaluate your current operations, identify new opportunities, alert you to changes in the business or regulatory environment and offer practical advice to help your business be more efficient and successful.

  • Speciality Services - Some offer services such as business valuation which helps determine what your business is worth should you be considering a merger, acquisition or sale. Some firms can offer fraud and forensic accounting services.

Reviews

4.85/5.00

based on 222 reviews

The average rating for Bark Accountants in Denver is 4.85, based on 222 reviews.

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