4 Things Every CPA Should Communicate to Clients in the Beginning
It’s never easy to work with clients that don’t understand the nuances of bookkeeping and tax filing. As a result, they become quite a headache for CPA Certified Public Accountant . This issue becomes a double whammy when clients and CPAs are working together on digital platforms. If you have started an online accounting and tax preparation firm with services such as online payroll preparation and cloud storage, then we would recommend you to communicate the following things right in the beginning.
This routine will make your online CPA practices a lot easier.
1) Accountants Don’t Make Laws
The strict tax provisions a business has to face due to its classification under federal and state laws often throw some clients off. Many of those clients get unhappy and start putting the blame on their accounting and tax preparation firms to not earn them more relief. Before such misunderstanding and ensuing detestation take its place, clarify it to your clients that you can only act by the laws at hands. And getting stricter tax implications has nothing to do with the services of an accounting and tax filing guy.
2) Procrastination Will Only Cost You – CPA
Having a laid back attitude towards timely preparation of financial statements and tax filing only hurts the business in question. So, always discuss the repercussions of this bookkeeping procrastination with your client when they sign you up. Otherwise, a last-minute hurried financial statement preparation will also make it difficult for you to streamline your own work.
3) Tax Laws Are Subjected to Changes – CPA
Every fiscal year has its own set of tax laws, leniencies, and reliefs. Oftentimes, clients presume what they filed the last year will be applicable for the ongoing tax filing as well. Therefore, it is always important for a CPA, particularly the ones working through online bookkeeping and tax preparation firms, to make it clear to clients that tax laws are subjected to changes and there can be a stark difference between provisions of two successive fiscal years.
4) It Takes Time
During tax filing season, every client wants to have its returns filed at the first instance. Tell them in advance that they have to patiently wait to get their returns filed and assure them you will do it well before the deadline.
With the help of My CPA Dashboard, you can start off a long-term working relationship with your clients. The streamlined, secured and easy file sharing and e-signatures features make this online portal one of the best digital liaison between clients and bookkeeping professionals.