How To Be Your CPA’s Favorite Client At Tax Season

If you want to be your CPA’s favorite client during tax season, there are some things you can do!

Get To Know Your CPA

A good CPA will be able to help you navigate your tax situation throughout the year. They will be able to help you determine how much you should set aside for your taxes, which business expenses qualify for tax deductions or credits, and how to keep track of all the documents you’ll need. They will be able to provide you with year-round tax planning advice that can save you money in the future. Lastly, they will be able to represent you before the IRS for any audits or collections. It’s a good idea to ask about these things before you begin working with your CPA. This will ensure that your relationship is a positive one and that you are happy with the service you’re receiving from your CPA.

Ask Questions

When clients file taxes, they often don’t have a complete list of income and expenses. This can lead to errors on the tax return, or it can keep the CPA from completing it in time for filing. The answer to these problems is simple: Ask. In your next client meeting, make a point of asking them how they plan to handle their business finances throughout the year. This is a good opportunity to demonstrate your value. This process also helps them see how much you care about their business and how they can benefit from working with you. Once you’ve built trust, you can start to focus on referring them.

Make Yourself Available

One of the best ways to show your CPA that you value their time is by demonstrating you can be available on short notice. Whether it’s for a quick phone call or in-person meeting, be proactive and flexible about arranging a time to chat with them. Your CPA will appreciate this and you may end up developing a relationship that could turn into an ongoing partnership. Another way to demonstrate your value to a CPA is by helping them run tax projections. Most CPAs appreciate this because it can save them time and effort when preparing their clients’ tax returns. Similarly, your clients may need help coordinating their tax and investment documents. This can save them a lot of stress, which in turn, helps them build their trust in you as their financial consultant.

Be Honest

Whether you’re a first-time client or a seasoned pro, you need to be honest. You don’t want to mislead your accountant or make them feel uncomfortable by providing false information. It’s also important to be upfront with your financial situation, especially if you are a small business owner and don’t have a great record keeping system in place. Providing inaccurate numbers to your tax preparer can put you in danger of penalties, which is not what you want. In addition, be honest about your goals and ambitions as well. This can help your relationship with your accountant grow and serve as a reminder of why you hired them in the first place. It can also lead to referrals from your client base, which will be a huge bonus for you.

Priscilla A. Chesler CPA PC

If you’re looking for an experienced, trustworthy, and reliable tax accountant in Litchfield Park, AZ, contact our full-service accounting team here at Priscilla A. Chesler CPA PC! We understand the value of a good professional relationship and make it a point to get to know your business on a fundamental level, so we can provide the best service, advice and guidance. Give us a call today to see what we can do for you: https://pchesler.com/contact-us/