How to Find an Accountant for Your LLC

Last updated on

You can use a service like Thumbtack to find accountants in your area. I recommend speaking with a few, running your questions by them, and meeting them in person.

The following is my advice on how to get a great accountant for your LLC.

Many people will read this and think it’s too hard. Others will realize the beauty in the strategy.

And those that put in the work typically have amazing results. I myself have been with the same accountant for over 9 years, and I am extremely happy.

Here are the steps to finding a great accountant for your LLC:

1. Write down your top 4-5 questions about taxes and LLCs and put them in a Word (or similar) document.

2. Copy and paste those questions 10 times, and create a divider line between each section of questions.

3. Put a post on FB, stating, “Getting ready to form an LLC for my business. Anyone recommend an awesome accountant in {state}?”

4. Google search “business accountant + {city, state}” and browse websites very quickly (1-2 minutes each) and then enter the contact information of 10 accountants in your document. The reason I say fast here is because you want to be using your gut/intuition on your initial decisions.

Note: If you live outside of the US but have a US LLC, add the word “international” and/or “foreign” to your google searches. You’ll want to make sure you’re dealing with someone who is familiar with your situation.

5. Now, spend 1-3 hours and call every single one of the accountants. Say, “Hi my name is {Your Name}. I’m starting a new business and I have a few tax questions about my LLC. Are you able to help?”

Here’s the catch: because you’re implying that you’re a potential new client, each accountant will gladly spent 5-15 minutes with you on the phone for free. If they don’t, delete them from your list and find a replacement.

Write down their answers to your questions in your documents, and enter any other notes about the call. Ex: John was really well-spoken, Susie constantly interrupted me, Steve clearly had no idea WTF he’s talking about, etc.

By calling 10 accountants, you’re “pairing them up” against each other, cross-referencing their information and getting smarter (and more confident) with each call.

At the end of all your calls, you’ll be mentally tired, yes, but you just learned a shit ton!

You’ll immediately be able to eliminate 2-4 people. Either because: they were flat out wrong, you didn’t like their personality, or your intuition just didn’t feel good about them. Always trust your gut.

Then, there will be about 2-3 people who really stand out; people who you just feel good about. You like them personally, as well as professionally.

Follow up with them and ask them to a 5-min “coffee and a quick hello”. Tell them you want to put a face to a name and shake their hand.

The reason for this extra step (which a lot of people don’t think is necessary), is even the craziest and weirdest people can sound good on the phone.

The in-person coffee meeting shows: 1.) if they are willing to invest in you, and; 2.) allows you to really get a good gut-check on them and make sure you feel good about proceeding.

Do this, and you’ll find a great accountant who will help you with your business for years and years. Wouldn’t you rather have an awesome accountant for the next 10 years instead of finding a new one every 1-2? I feel this strategy is the best route there is.

I hope this has been helpful. Let me know your results in the comments section below. Or, if you have any tweaks or suggestions to add to this strategy, add them as well!

Matt Horwitz on LinkedinMatt Horwitz on TwitterMatt Horwitz on Youtube
Matt Horwitz
Founder & Educator at LLC University
Forming an LLC shouldn't be so complicated. Our step-by-step guide will make the process a breeze – and no complex legal jargon! We teach people how to form an LLC for free in all 50 states. We hope you find our free guides and resources helpful in your entrepreneurial journey.
Leave a Comment (16) ↓

16 Comments

  1. TAMMY MATHIS February 17, 2018

    Hello I am starting my own LLC in Texas and your information has been heavenly sent, what questions should I ask when calling an accountant to make sure I pick a great one.

    reply
    • Matt Horwitz February 21, 2018

      Hey Tammy, that is so awesome to hear! Great question. We’ll consider adding information like this to this article. To start, you can just something like that: “I’m new. What questions should I be asking you?”. Some others could be: What type of clients do you specialize/prefer to work with, how long have you been in business, what made you interested in this profession, how many times per year/quarter should we talk (by email or by phone), what documents do you need from me, what should I think about/prepare throughout the year, how should I plan for growth, and are you free to meet for a quick coffee and say hello. Hope that helps!

      reply
  2. Sharon April 16, 2018

    Hi Matt,
    would you refer your accountant to me? LOL
    Do you know the average price for a good accountant in NYC market?

    reply
    • Matt Horwitz April 17, 2018

      Hey Sharon! At some point in the future, we might create an accountant referral/recommendation network, but that’ll take years to develop. So nope, we don’t have a recommendation for you at this time. Give the strategy a go that we mention in this article. Once you speak with 5-10 accountants, you’ll get a good feel for people and understand the range of prices. I’d say if your business is straight-forward, it could be $300 on the lower end to $700 – $1,000 on the higher end. Hope that helps.

      reply
  3. KIM TRANG HOANG May 18, 2018

    I AM A NON US RESIDENT OR NON US NATIONAL, I DO NOT INTEND TO LIVE IN US. I AM GOING TO OPEN A LLC IN US. IF OUR LLC HAS PROFIT BY DOING OUTSOURCE SERVICE IN US. DO I HAVE TO FILE TAX?
    Thanks for your kind information

    reply
    • Matt Horwitz May 18, 2018

      Hi Kim, yes, you most likely do, however that is a detailed conversation you will need to have with an accountant. Thanks.

      reply
  4. Aziz Mabrouk June 27, 2018

    Honestly Matt, I don’t know where I’d be without your huge contribution, we all truly appreciate it.

    reply
    • Matt Horwitz July 31, 2018

      Aziz, thank you so much! Really appreciate the kind words :)

      reply
  5. doris July 18, 2018

    hello, i read where you say to buy a single llc for each property unless it becomes a lot of properties. then consolidate them into one. heres my question to you. if i live in florida and i am buying out of state only one property lets say in north carolina should i only have the one llc in north carolina or should i also have a holding llc in florida as well. just the one in nc or 2 llcs one in north carolina and the holding llc in florida

    reply
    • Matt Horwitz August 12, 2018

      Hi Doris, you could do either one. Either an LLC in North Carolina or an LLC in Florida that owns the LLC in North Carolina. The pros and cons will need to be discussed with an attorney. The 2-LLC setup may provide better asset protection. Hope that helps.

      reply
  6. SUSAN BEARD October 9, 2018

    Is it easy to turn an existing business into an LLC ? What inf. would be needed from the Co ? Thanks, Susan M Beard

    reply
    • Matt Horwitz October 25, 2018

      Hi Susan, if you’re referring about changing from a Sole Proprietorship to an LLC, we have that information here: change from Sole Proprietorship to an LLC. If you’re referring about changing a Corporation (or other legal entity) into an LLC, that is usually referred to as a Conversion (depending on the state), however, we don’t have any info on those conversions at this time. Hope that helps.

      reply
  7. Ravindran October 22, 2018

    Hi Matt,
    I am a Canadian PR, running a small business in Canada (Data Outsourcing), planning to expand this business in USA but I wont live or work in USA and want to operate from Canada itself. In this case which state is the best and easiest to start a business and which state has low corporate tax and sales tax where can my clients get benefits? Can i get business bank account?

    reply
    • Matt Horwitz November 22, 2018

      Hi Ravindran, while you could form an LLC in the U.S. and open a business bank account here, we recommend speaking with an accountant first. LLC may not be the best entity structure. I believe Canadians that form an LLC in the U.S. face a form of “double taxation” in that you have to file with the CRA and the Internal Revenue Service (IRS). Hope that helps.

      reply
  8. omar November 25, 2018

    Hello Matt Horwitz,
    We are Omar bin Baaraki Foundation from Saudi Arabia.
    I plan to export my food products to the USA and sell them through Amazon, but I do not know in which state Amazon will save my goods. As you know there are a lot of Amazon stores scattered throughout the states.
    So in any state prefer to open LLC.
    So that I will not be exposed to what you explained earlier – paying taxes twice or two times.

    The second question
    My cousin resides in the US Can I authorize him to receive my EIN? Can I use his mailbox?

    Thank you

    reply
    • Matt Horwitz November 26, 2018

      Hi Omar, the answer about “what state” has variables to it, and it depends on the details, so you’ll want to speak with a few accountants regarding the best state for your business. Once you start selling through Amazon, I believe you’ll get details regarding warehouse locations, and then you’ll be able to figure out your sales tax obligations. You can use your cousin’s address as your LLC’s Registered Agent address (if you form an LLC in the state where he has an address), and your LLC office/mailing address, however, for getting an EIN for your LLC, it’s better if you are the EIN responsible party. If you form an LLC in the state where your cousin has an address, you can use his address in your EIN application with the IRS. After your LLC is approved, that’s when you’ll apply for your EIN. We have instructions here: non-US resident applying for EIN. And we have banking info here: non-US resident opening LLC bank account. It might be worth considering forming your LLC where your cousin lives. You can use his address for your LLC’s address, the LLC’s Registered Agent, the EIN application, and you can also open a US bank account for your LLC there too. Hope that helps!

      reply

Leave a Comment