CPAs Explained

In this video, you will learn about what a cpa is. A CPA certifies that your taxes are prepared correctly. A CPA is required to do updated tax law learning every year to make sure they have the most up-to-date knowledge.

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A CPA is a certified public accountant. An accountant is responsible for reporting financial information. CPAs are in the top tier of accountants. There is nothing higher than that. They are trusted advisors that have the status of practicing accountant. They have to pass boards that certify that they are able to practice accounting. These exams are extremely hard to pass. There is only a 9% rate of passing on the first attempt. There are 1.2 tax preparers in the United States. Just because there are tax preparers, they are not the same as CPAs. A CPA has to pass more exams than just a regular accountant. CPAs help businesses make sure that they are following tax laws correctly. Every business should consider hiring a CPA. If you are interested in learning more, keep watching this video for more information.