CPA Regulation (REG)

Certified Public Accountant Regulation (REG) covers ethics, federal tax procedures, business law, and professional responsibilities for aspiring CPAs.

Practical Applications

Advising Small Businesses

Helping Entrepreneurs Succeed

CPAs are trusted advisors for small businesses. They guide owners in choosing the right business structure, managing cash flow, and staying compliant with regulations.

Key Services

  • Entity selection (LLC vs S corp vs partnership)
  • Tax planning and compliance
  • Payroll setup
  • Bookkeeping and accounting systems

Impact

Good advice can mean the difference between business success and costly mistakes.

Best Practice

Building long-term relationships with business owners helps ensure ongoing success and compliance.

Examples

  • Recommending S corporation status to a profitable small business to reduce self-employment taxes.

  • Setting up a payroll system for a new restaurant.