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7 Tips to Help Your CPA Firm Get Ahead of Tax Busy Season

As tax busy season approaches, CPA firms face a surge in workload and client demands.

Acute shortage of skilled accountants, 60-to-90-hour work weeks, and pressing deadlines for filing during tax season, sound familiar? Tax season can be overwhelming.

But what if we told you that you can not only survive but thrive during this high-pressure period?

Imagine a tax season where you’re in control, where deadlines are met with ease, and where client satisfaction soars. Sound too good to be true? Think again. Our 7 expert tips are tried, tested, and tailor-made for CPAs like you.

From mastering time management to leveraging cutting-edge technology and offshore staffing, we’ve got your back. Say goodbye to stress and hello to a tax season that’s not just manageable but exciting. So, let’s uncover the secrets that will help you not only get ahead but stay ahead of the tax busy season curve.

Early Preparation is Key

You want to make sure that you plan ahead of time before the tax season starts. Make sure you send out your engagement letters and get familiar with due dates well before the outset of the tax season. The earlier you start planning, the less stressed you’ll be when the busy season hits. This includes reviewing your client list, making sure your systems and processes are up to date, and ordering any necessary supplies. Also, be sure to familiarize yourself with approaching tax deadlines. Furthermore, stay up to date with new tax laws or regulations that may affect your clients, setting reminders to ensure timely compliance.

Hire an Offshore Staffing Team

Offshore staffing can be a valuable tool for CPAs to better prepare for and manage the busy tax season.

On-demand Remote Workforce

Your firm gets access to well-prepared remote teams to ensure seamless operation. CPA firms, especially small firms with limited staff allow them to increase their capacity during the busy tax season.

24×7 Support by Global Talent

Offshore staffing gives your CPA firm round-the-clock support by a global talent pool. Mostly, these services are prices at lower rates than domestic staff. It ensures you have access to the right skills, and your clients receive assistance when necessary during the busy tax season.

Backup and Data Recovery

Offshore staffing agencies help CPA firms protect their business data from loss or corruption, and to recover their data quickly, in the event of a disaster. At Integrity, we implement robust data backup and data recovery systems with access-based control to provide 24/7 support to safeguard your critical information. Checkout our recent blog: “Data Security At Entigrity: A Comprehensive Overview Of Our Precautions” We implement and uphold the strictest quality and data protection protocols

Stay Informed

Tax laws and regulations are constantly changing. CPAs need to be familiar with the latest changes to provide accurate and timely tax preparation services to clients. CPAs who stay up-to-date on the latest tax laws and regulations are less likely to make mistakes on their client’s tax returns. Stay up-to-date with IRS updates, tax code modifications, and new

regulations through reputable sources like the AICPA, IRS website, leading CPA industry blogs and industry publications. A great way to stay updated is by attending relevant seminars and webinars. Also consider joining professional associations to help you stay current.

Communicate Regularly with Your Clients

Keep your clients informed of their deadlines and the status of their tax returns. Reach out to them early to request necessary documents and information. Ensuring clear and regular communication with your clients helps keep them informed of their deadlines and the status of their tax returns. It helps avoid any surprises or frustrations down the road, prevent delays and ensure a smoother tax season.

Time Management

Implement time management strategies to maximize your productivity. Ensure to set deadlines that are achievable for both you and your clients. However, don’t overcommit yourself, or you’ll end up feeling overwhelmed and stressed. Allocate specific time slots for different tasks, prioritize high-value activities, and avoid multitasking, which can lead to errors. Do make sure to leave gaps between tasks to give you and your team some breathing space and also an opportunity to accommodate last-minute inevitable interruptions and delays.

Delegate Tasks To Your Team

Tax seasons can often mean working long hours, heavier workloads, and stress which can make it difficult to maintain the same level of quality in their work. Delegating tasks to your team helps reduce your workload and stress levels and makes it easier to meet deadlines. This will free up your time so that you can focus on more important tasks such as reviewing tax returns and advising clients. It also ensures that your firm is being more responsive to client inquiries and requests.

Leverage Technology

Leverage technology to streamline your work processes, improve the quality of their services, reduce their costs, and provide better service to your clients. According to the AICPA, 65% of accountants have reported increased efficiency through the adoption of technology. It’s important to be not just familiar but also efficient so that when too busy during tax season, you are not scrambling. Consider using document management systems, digital signatures, and cloud-based accounting software, video conferencing can help streamline work processes.

Embrace These 7 Tips to Stay Ahead of Tax Busy Season 

Tax season can be demanding, but with proper preparation and an offshore staffing partner by your side, you’ll be well-equipped to serve your clients efficiently and ensure a more productive tax-busy season.

You’ve got the seven essential tips to gear up for the tax rush. But there’s one key winning move that can be a game-changer – consider offshore staffing. With an offshore team in your corner, you can tackle more clients, maintain impeccable quality, and meet deadlines with ease. It’s the edge you need to stay ahead in the competitive world of accounting.

Explore offshore staffing options today and see your firm achieve new heights of efficiency during the tax season. Book a call now and secure your advantage now!

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