1) Don’t select an accountant just because they are a tax expert.

Running a small business requires more than just tax advice, tax preparation and bookkeeping help. You need to take full advantage of the knowledge and experience of an expert advisor.

2) Don’t hire the first accountant you meet.

It's always best to interview multiple accountants. Each accountant has differing skill sets, and you must be careful to find one who is a top notch advisor as well as a qualified accountant.

3) Don't hire a rookie.

You're dealing with your financial life, finding a qualified expert who has significant experience will energize your financial health.

4) Don't hire the cheapest accountant you can find.

You don't necessarily have to hire the most expensive accountant but that the old adage, “you get what you pay for,” certainly holds true.

5) Don't hire an accountant who is confusing to you. 

You are paying for both accounting and business advice. You need to be able to understand it. You shouldn’t be punished for your accountants failure to communicate.

6) Don't assume that being charged an hourly fee is the only option you have.

While many accountants still charge you an hourly fee, some are willing to quote a fixed price for certain projects. The most progressive accountants will give you peace of mind through a fixed price agreement, good for an entire year. Under those arrangements, you can often have all of your work done and receive unlimited meetings and unlimited phone calls at no additional charge.

7) Don't hire an accountant who is not willing to give you a 100% no-risk guarantee for their work. 

The accountant is the professional and should be willing to guarantee their work. If they are not, move on, find someone who will. Why should you throw good money after bad if they let you down?