What is a CPA?

A Certified Public Accountant (CPA) is a professionally trained and licensed accountant. CPAs have a strong educational background in accounting, have passed a CPA exam and are able to represent clients in financial matters including tax preparation, personal financial planning, business financial planning, auditing, forensic accounting and more.

How can a CPA help my business?

CPAs have a broad knowledge of many business matters, which allows them to provide proper planning and consulting services when it comes to business finances. The CPAs at Licari, Larsen & Co. are expert business advisors, helping clients navigate audits, reviews, compilations, business income tax preparation, bookkeeping and payroll services, business purchases and financial statement preparation.

Should I work with an accountant?

The short answer, yes! Whether personal or business, navigating taxes on your own can cause an increase in taxation and lead to mistakes in the tax return filing/preparation. We recommend consulting with an expert CPA to ensure your financial statements and tax filings are in order.

Can a CPA help with wills or trusts?

Yes, CPAs are valuable partners when creating or executing wills and trusts. CPAs work in tandem with attorneys to provide valuable knowledge and expertise concerning wills and trusts.

Why do I need a CPA?

It’s a CPA’s job to help you when it comes to your finances. A CPA’s extensive knowledge is backed by the proper licensure to advise on and prepare financial statements as well as tax preparation and planning. CPAs are experts in the financial field and will provide recommendations on both business and personal finances.

What is Public Accounting?

Public accounting firms serve a wide range of clients to prepare financial documents while adhering to strict guidelines put forth by various regulatory agencies. These regulatory agencies control quality of work, work product accuracy and other relevant benchmarks to ensure work performed by public accounting firms is satisfactory and consistent across the industry as a whole. Licari, Larsen & Co. is a public accounting firm that provides services to individuals and businesses across many industries.