What does a CPA Firm do

 

In today’s complex financial environment, businesses and individuals alike turn to professional accounting services to manage their financial responsibilities. But what do a CPA firm do exactly? A Certified Public Accountant (CPA) firm provides a wide range of services including auditing, tax planning, financial consulting, and more. These firms are crucial for maintaining compliance, accuracy, and efficiency in financial operations.

Services Offered by CPA Firms

At L&Y Tax Advisor, we take pride in offering personalized and comprehensive CPA services. Here are some of the core services a CPA firm like ours provides.

1. Tax Preparation and Planning

  • Filing federal and state taxes for businesses and individuals
  • Developing strategies to minimize tax liability
  • Staying up-to-date with changing tax laws

2. Auditing and Assurance

  • Conducting internal and external audits
  • Ensuring compliance with regulatory standards
  • Improving financial transparency for stakeholders

3. Bookkeeping and Payroll Services

  • Maintaining accurate financial records
  • Managing employee payroll
  • Tracking income and expenses

4. Financial Consulting

  • Offering advice on business growth and investments
  • Helping with budgeting and financial forecasting
  • Supporting mergers and acquisitions

5. Business Formation and Advisory

  • Guiding clients through choosing the right business structure
  • Assisting with licensing, EINs, and legal compliance
  • Setting up accounting systems and controls

Why Choose L&Y Tax Advisor?

At L&Y Tax Advisor, we don’t just manage numbers — we build relationships. Our experienced CPAs deliver customized solutions to help you reach your financial goals efficiently and ethically. Whether you’re a small business owner or an individual taxpayer, our team ensures precision, timeliness, and confidentiality in every service.

FAQs

Q: What does a CPA firm do that a regular accountant doesn’t?
 A CPA firm is licensed and regulated, offering auditing and advanced tax services that non-CPA accountants cannot legally provide.

Q: Is hiring a CPA firm necessary for small businesses?
 Yes, a CPA firm can help small businesses remain compliant, reduce taxes, and grow strategically.

Q: How can I get started with L&Y Tax Advisor?
 Contact us through our website or schedule a free consultation to assess your financial needs.

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