Forms Employee Agreement Payroll Checklist Financial Recordkeeping Checklist Business Financial Worksheet Choosing a Accountant or Tax Professional With your new responsibilities you may need assistance with your accounting/taxes and decide to hire a professional tax preparer or someone with experience preparing tax returns for businesses similar to yours. Enrolled agents, tax attorneys, and certified public accountants have training and expertise in federal taxes. When selecting a tax professional, ask a few questions to see if she offers what you are looking for: Experience: Does the tax professional or accountant have experience in working with similar size and type businesses? Is he or she familiar with your particular line of business? Services: Does the tax professional or accountant offer electronic filing-the safest and most efficient way to file your tax returns? Price: What does the tax professional or accountant charge for services? If the IRS examines your return, what is her policy on assisting you? Payroll The Small Business Administration has calculated that the smallest companies spend 45% more than larger companies per employee each year to comply with federal regulations, and 37% more on employee tax accounting and computation. Why is compliance with tax laws and other regulations so expensive for small businesses?