The Cost of an Accountant

Choosing an accountant requires plenty of research to ensure you end up with an educated and successful individual who will do everything he or she can to ensure your business or personal finances are in perfect order. But how much does an accountant cost? Turns out you have to spend money to protect your money.



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Depending on what type of service you need, an accountant can range in cost anywhere from $150 to $400 per hour. The more in depth work you need done the more you’re going to pay. If you’re getting something as simple as basic bookkeeping taken care of, you’re most likely going to get a low-level associate who will charge only around $25 to $50 an hour.

While these costs are focused primarily on the services rendered, an accountant should also provide plenty of good advice and direction, especially if you hired one to help you with the development of a business. When it comes to a start-up company, a common trend in the fast and furious digital age, an initial consultation with an accountant to make sure everything is squared away for the launch of your business can run you anywhere from $100 to $600.

Once your business is up and running, financials can be managed with a variety of web programs, including the popular QuickBooks, which is used by a lot of small business owners. This is especially true for those who run very small businesses that have the bare minimum of employees and profits.

Before you seek out an accountant, it would be wise for you to pick up a book on accounting so you’re familiar with the terms and lingo used. This will give you an upper hand and will help ensure that the accountant you choose doesn’t try and pull a fast one on you and try and stick around to provide you with services you don’t really need.

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Posted on May 18, 2012 at 9:00 AM