With April 18th in your rear view mirror it is time to review how your tax preparation went. Was it a painless process for you? Did you have constant communication with your accountant? If you did, you should thank your accountant and start planning for next year! If not, maybe it is time to start thinking about a change. Over the years we (as a Firm) have noticed clients switching to CPA Firms of our size over the traditional sole practitioner. While you may enjoy a personal relationship or believe that it would be inconvenient to make a change to a full service CPA Firm - think again....
When you make a switch to a public accounting firm, you gain resources, a team of CPAs with more robust professional backgrounds, and a one-stop shop for all your personal and business financial needs. Wouldn't it be nice to have a full suite of services at your fingertips - other then just tax preparation? What happens if you want to outsource your accounting, or maybe buy or sell a business? A CPA Firm handles the "here and now" AND "the here and far from now" process. With an overarching look into your personal or business situation a good CPA Firm can do so much more for you then you ever imagined. Here's a look into how they do it:
The Secret Behind A CPA Firm's Success
A (good) CPA firm functions as a part of your leadership team. That's it - that's the secret. Before your anticipation dies down, allow us to ellaborate on that.
They Care About You
When you invest in a CPA Firm, they recognize the engagement as a relationship, not a contact. CPA's bind themselves to your business, taking a true interest in your financial past, and expressing genuine desire to improve your financial future.
Why is a passionate CPA so important to your financial future? Because without a genuine desire to grow, your accounting department is simply going through the motions, paying no mind to long-term effects or future goal fulfillment - that doesn't exactly increase your bottom line.
They Plan With You
Your current financial team always seems too busy with other tasks to focus on the future. You want daily deadlines to be met, but you also want to plan for next week, next month, and next year. You know how important planning is, but your team doesn’t seem to view it with the same urgency.
Whether it’s because they lack the time, or they’re just too focused on tasks at hand, your team’s priorities are out of place in your opinion. You need a firm that takes the time (any time and every time) to consult with you, give you valuable feedback, or simply provide financial reassurance. A CPA firm sees past daily duties, making your future their main priority and taking the time to plan for a prosperous one.
They Seek Success For You
A CPA firm is going to share your goals, as well as your motivation for reaching them. Even after your organization has reached its financial goals, your CPA keeps at it – they want to see your success accumulate and reach a firm, unwavering stability. A CPA creates opportunities that lead to constant financial growth and a robust bottom line.
Your current accounting department might be deemed your financial team, but do they really function as your teammates? Are they as invested in your financial future as you are? If not, it’s time to start thinking about investing in a real team – one that cares about you, functions with you, and helps you secure a steady and successful financial future.
Ready to get proactive and reach beyond standard tax preparation? Click below to learn how a CPA firm can provide insight beyond taxes.