Every small business owner is different, but many are single-minded in their passion to succeed.Outsourcing Reduces Labor Costs
The larger your business or law practice, the more staff you’ll need to manage. Depending on whether you hire full or part-time employees, you must factor in the cost of hourly wages or salary, benefits, and taxes per person. By outsourcing accounts payable, accounts receivable, and payroll functions, you can easily save tens of thousands of dollars each year. This route also spares you the hassle of dealing with Social Security and federal tax withholdings for accounting employees.
Outsourcing Reduces Risk
Although dishonest employees are an exception rather than a rule, even a single unscrupulous staff member can have a major impact on your finances and your relationships with customers and suppliers. Outsourcing your accounting means entrusting your business books with a neutral third party whose only goal is to provide ethical, objective services without regard for personal benefit. Entrusting your accounting to a qualified third party also reduces the risk of errors or omissions. As a CPA and entrusted agent, Ann Irons and her team must keep abreast of developments and updates in tax laws and filing requirements, so there are no nasty surprises—IRS audits, for example—at a later time.
Outsourcing Increases Efficiency
The more you outsource, the more time you can devote to the actions that directly impact success, from meeting with prospective clients to exploring new opportunities. We see many business owners for whom accounting isn’t a priority, or who do not feel comfortable with even the most basic accounting concepts. As a result, they spend more time muddling through their accounting than turning their attention where it is needed most. We also know that those tasks considered most disagreeable or daunting tend to be shoved aside or neglected altogether. Without a current record of these transactions and updates, making responsible, financially literate decisions about your business is nearly impossible. When you outsource accounting, you can be certain that it will be done on time, every time.
To learn more about outsourced accounting in Bellingham, MA, or to request a consultation with Ann Irons, CPA, LLC, contact us at 508-966-0700. We welcome businesses and individuals in and around Bellingham, Boston, Woonsocket, Medway, and nearby areas. Ask about our available services, which include international tax advising, income tax preparation, financial statements, and consolidation.
Ann spent over 25 years in the financial service industry, gaining knowledge and experience that allows her to provide an array of tax, bookkeeping, and accounting services for her clients. Relying on a stringent code of ethics and a dedication to maintaining the highest industry standards, Ann works hard to ensure her clients receive the quality service they’ve come to expect. A member of AICPA and MSCPA, Ann has also had an article featured in the renowned publication, Banker and Tradesman. 
