Stop the madness! How NOT to repeat last tax season!
4/15 and 9/15 have been some of the most stressful in years for tax practitioners.
To get on top of that, we know many firms who held tax season debriefs to get some things off their chests and develop actionable items around the issues of clients, technology, team and creating value.
Thinking about the forthcoming tax season, one of the matters to focus on is how CPA firms allocate their time in a way that reflects their values, strengths and vision for their life and firm, and examining if they might be holding onto old ways of thinking, or doing business that limits their abilities.
Thankfully, there are some questions that CPAs can ask now
This is not intended to be an all-inclusive list, but will get the conversation moving and help determine how your firm might be better equipped:
- Packaging services
- Pricing services
- Leveraging technology
- Getting the right clients on the bus (and how to price for late arrivals)
- Increasing value and revenue with packaging of services
- Setting client expectations so they avoid ‘last minute drama’ and focus on the right clients
Just a few thoughts to ponder as we have time to think about how to avoid the inefficiencies of last tax season!
If you haven’t yet taken the opportunity to meet with your team to prepare for tax season, take a look at ReNew Group’s indepth agenda as a starting point.
We can also present a webinar or in-personmeeting at your firmon how to prepare for tax season including engagement letter best practices.Just contact us to see how we might be able to assist you with that process.
Time to stop the madness!