How To: Choose an accountant for your online business

Web entrepreneur (and Lifehacker guest editor) Matt Haughey offers good advice on how to find an accountant for your online business who understands the internet. After 8 years of using TurboTax and a few so-so accountants, Matt says the person with the right know-how can save you piles of moolah. This year he had his taxes done 3 ways: by a local accountant, a big city accountant, and TurboTax online.

In the end, the big city accountant asked me the right questions and figured out a couple deductions I didn't know I qualified for, and saved me $1500 below what TurboTax came up with. I probably could have gotten my TurboTax return to match but I probably mis-read one of the hundreds of questions lobbed at me during the online process. The local accountant I wasn't a fan of turned out to be the worst option, coming up $1200 over my own TurboTax return. I suspect she left off a few business expenses I listed.

We've been around the should I hire a tax accountant? block before, and Matt makes a strong case for internet pros to do it. How did you find your killer accountant? Let us know in the comments.

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