-Allan Yanaros, CPA

Connecticut Requires:-5 years of higher education- Pass a rigorous national standardized test- Satisfy work experience requirements- Pass and adhere to a Code of Ethics- Complete 40 hours of continuing education

per year

With this background, we act as advisors to businesses and individuals on many areas including tax, accounting, financial planningPart of a team with attorney, banker & insurance advisors

Before you select a tax, accounting, or personal financial adviser, make sure you consider the following questions: ◦ Is the individual a certified public accountant?◦ Is the CPA licensed to practice in your state?◦ To what professional organizations does the CPA belong

and how active is he or she in those organizations?

Keep in mind that a long-term working relationship between you and your CPA can help you take an informed, consistent approach to personal financial and business problems and may help you meet your financial goals

Compatibility, another qualification to look for in a CPA, is harder to define but is just as important as technical proficiency. Make sure that the CPA's personality and expertise match your needs.

CPAs normally base their fees on the time required to perform the services you request. There are no "fee schedules'' common to the profession. Fees depend on the type of services you require, the prevailing costs in the community, the CPA's level of expertise, and the complexity of your workDefine what your needs are and request a fee quote. Have a frank discussion about partner and staff billing rates

How can you get the most value from a CPA’s services?◦ Be prepared to discuss your plans and objectives.

CPAs are in the best position to advise you and serve your interests when they understand your goals. ◦ Gather information about business or personal

financial decisions under consideration so you can ask the CPA specific questions ◦ Clearly explain what you expect from the CPA's

services ◦ Save yourself unnecessary fees by keeping good

records and not using professional time for routine work

Specialize by Industry:◦ Professional Services (physicians, dentists,

attorneys and consultants)◦ Construction◦ Entertainment◦ ManufacturingSpecialize by Type of Service:◦ Tax◦ Accounting◦ Non-Profit◦ For example BYC is tax oriented and a large % of

clients are professional service companies

One of the best ways to find a CPA is to ask friends, relatives, neighbors, or business associates for recommendations. Try to focus on those people who are in a similar financial situation. You might also want to check with other professionals, such as your banker or attorney, your local Chamber of Commerce, or small business owners whose establishments you regularly visitReferral services through State Society of CPAsContact Trade Associations

Barron, Yanaros & Caruso, P.C.Certified Public Accountants

1160 Silas Deane Highway, Suite 301, Wethersfield, CT 06109

Phone: (860) 257-3900 Fax: (860) 257-4477 WebSite: byccpa.com

Email: ayanaros@byccpa.com