That's hardly the case. Anything less than around $800 per year, which is what the average CPA charges to do a small corporation's 1120 or 1120S tax return, is reasonable. That equates to $66.67 per month. When you start to consider how much time and hassle a good accounting package can save, the price could even be higher while still providing value.
Accounting usually gets ignored in startup environments, but it's really crucial to have a grip on things. Otherwise, who knows...you might end up like Bear Stearns. Or Enron.
Accounting usually gets ignored in startup environments, but it's really crucial to have a grip on things. Otherwise, who knows...you might end up like Bear Stearns. Or Enron.