Tax season is upon us and it’s a safe bet that many of you are busy crunching numbers and wading through pay stubs and W-2s. But in the middle of the frenzy, remember that it’s not just about getting the job done. It’s also the best time to think strategically about how to grow your accounting practice as a whole and build revenue for the coming year. At the end of the day, an accounting practice is a business – your business.
Armed with the right knowledge, you can save yourself valuable time and resources, laying the groundwork for an even better tax season the following year. So take a break from your piles of work and consider these three tax-time tips and tricks to grow your practice.
1. Push for online accounting. Shoebox clients – those who keep their receipts and invoices in a box until tax time – can be some of the most challenging clients to work with. However, if you show them that online accounting does away with much of the paperwork and demonstrate the ease of pulling reports from the cloud for filing, then you can both be relieved of last-minute rushes. On your end, the use of online accounting will free up significant time spent processing just one client’s books and enable you to move on to the next...
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Source: Amy Vetter (www.accountingweb.com)