Question

John is an electrician who runs his own small shop. When tax season comes, he hires an accountant from one of "the Big Four" accounting firms to help him file his business's tax return. In this scenario, John has most likely hired a ________ accountant.

Answer 1

Answer:

When tax season comes, he hires an accountant from one of "the Big Four" accounting firms to help him file his business's tax return. In this scenario, John has most likely hired a Tax Accountant

Explanation:

A Tax Accountant helps the individual or businesses that hire them fill out their tax forms properly, advise them about future financial moves that can affect their taxes and file taxes with the appropriate documentation electronically so that your clients receive their refunds as quickly as possible.

They can work as a direct employee or as an independent contractor who runs their own business.

They take charge of tax preparation and help your clients to lower their tax obligations when filing tax returns.

If an individual is audited, they handle this audit for them to ensure that the individual gets through the process unharmed.

Answer 2

Answer: The answer is certified public.

Explanation: A Certified Public Accountant is a designation awarded by the American Institute of Certified Public Accountants (AICPA) to members who have passed the uniform CPA examinations with requisite education and experience.

CPA holders can work in different sectors - private or public. CPAs can conduct a review of financial statements, file tax returns or conduct and sign off an audit. The CPA John hired belongs to the second category.