Most people don’t meet with their tax advisors often enough. Situations vary, of course, but you want to meet often enough to establish a strong relationship. And that’s usually at least once a quarter.
Frequency Of Speaking With Your Tax Accountant?
If you can’t remember the last time you spoke with your tax accountant about your financials, it’s been too long.
We hope you will feel comfortable speaking to us often about your business. Our aim is to make difficult decisions simpler. To remove the avoidable problems. And to help you streamline your financial tasks in order to remove that stressful burden and keep everything “square”.
Your Relationship With Your Tax Accountant
Ultimately, your relationship with your tax accountant is a matter of personal preference. Contact with us also doesn’t always need to be face-to-face. A quick phone call or even an email, will help you keep current. Even if you’re just saying hello to check in.
And of course you can always ask for advice as you need it. Reaching out regularly can result in completely different outcomes for your business.
If you’re a client that prefers to have a relationship with your Tax Accountant that is purely transactional, because you feel you know your business inside and out, it’s making money and is profitable, that’s ok too. However, this type of client is taking on a lot of responsibility and liability themselves. Including the extra knowledge involved in keeping up-to-date with changes within the industry.
It can be a good idea to mine the knowledge that I’ve built in the tax and business field over the years, too. Not just in terms of numbers, but in year of experience helping other clients.
You may want to ask us advice on how to grow. Or how other businesses in a similar situation are facing their challenges.
While every CPA has a responsibility to comply with Privacy Laws in relations to the specifics of their client’s transactions, I can share with you the basics such as: “a business in a similar situation started using a specific software Add-on to help with their debt recovery and has seen amazing results.”
A Great People Resource Too
Tax accountants are also a great people resource. They can often put you in touch with the right person to help you at the right bank or wealth management team. Getting connected to the right person can make your transactions move so much more seamlessly.
The only wrong frequency to see me and the team? Once a year at tax-time. If you feel that seeing your Tax Accountant is just a painful and costly exercise that you complete because it’s required each year, I’m sorry. Let’s make it better. You could be getting so much more value than the required once-a-year tax meeting.
Go ahead, give us a call and let’s see what we can do.
