{"id":51723,"date":"2017-04-11t14:28:05","date_gmt":"2017-04-11t18:28:05","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=51723"},"modified":"2017-08-06t11:44:44","modified_gmt":"2017-08-06t15:44:44","slug":"11-questions-tax-clients-year-round-billings","status":"publish","type":"post","link":"\/\/www.g005e.com\/2017\/04\/11\/11-questions-tax-clients-year-round-billings\/","title":{"rendered":"11 tax client questions for year-round billings"},"content":{"rendered":"
how to identify post-busy season projects.<\/strong><\/p>\n by blake christian<\/em><\/a><\/p>\n while most cpas and staff are in survival mode during busy season, the weeks following tax day offer\u00a0excellent opportunities for cpas to identify challenges and opportunities, and begin inventorying projects to complete now that the rush has ended.<\/p>\n more tax practice:\u00a0a lesson in basis taught to us by almond trees<\/a>\u00a0 | \u00a0how to end the tax revenue roller coaster with a four-season practice model<\/a>\u00a0 | \u00a0five ways to protect clients from \u2018the sleazy six\u2019 tax season scams<\/a>\u00a0 | \u00a0tax season productivity hacks<\/a>\u00a0 | \u00a0\u00a0how to sell bundled tax services<\/a>\u00a0 | \u00a046 avoidable tax-filing errors \u2013 if clients only knew<\/a>\u00a0 | \u00a021 reasons why tax clients switch firms<\/a>\u00a0 |<\/p>\n exclusively for pro members. <\/span><\/strong>log in here<\/a> or 2022世界杯足球排名 today<\/a>.<\/span><\/p><\/blockquote>\n this time of year generally presents more opportunities to talk directly with your clients\u2014either in person or on the phone\u2014to discuss their business and personal financial matters. reviewing their source documents also provides numerous ways to identify work that they\u2019ll need your help with in the coming year.<\/p>\n when you meet with clients in the weeks after busy season, it can be helpful to develop a short agenda of topics to cover. these can include not only industry and technical issues, but also longer-term operational and personal issues. here is a sampling of questions to consider asking clients\u2014especially those for which you don\u2019t produce monthly financial statements\u2014when you meet with them in the period immediately following busy season.<\/p>\n 1 \u2013 how has the client been trending for the past three years in terms of revenue, costs, net profits, and cash flow? is it open to having a trend and industry benchmarking analysis performed? how current are its accounting procedures, software, and it system?<\/p>\n 2 \u2013 how is the client situated from a debt-to-equity perspective? if the client\u2019s operations have materially improved, are there opportunities to discuss more-attractive bank terms? is there excess cash in the business that should be used to pay down debt or used for distributions? other considerations:<\/p>\n 3 \u2013 has the company expanded or scaled back operations, or is it planning such changes? more specifically:<\/p>\n 4 \u2013 how is the client\u2019s workforce performing? more specifically:<\/p>\n 5 \u2013 what is the impact of the patient protection and affordable care act, p.l. 111-148, on medical insurance premiums and employee benefit structuring? related topics:<\/p>\n 6 \u2013 what regulatory challenges is the client having? does your firm have industry resources or local (city\/county\/state) legislative contacts to assist in solving a client\u2019s issues?<\/p>\n 7 \u2013 are any key owners or executives approaching retirement age?<\/p>\n 8 \u2013 have there been any significant changes in the client\u2019s family situation or among key executive team members? for instance:<\/p>\n 9 \u2013 how did the client\u2019s investment and retirement portfolios perform in relative to the market? also:<\/p>\n 10 \u2013 is the client aware of the changes in the estate and gift tax area?<\/p>\n 11 \u2013 are there any synergies between your firm\u2019s clients that may offer introduction opportunities? evaluate cross-referral opportunities between clients and other firm contacts.<\/p>\n these questions can stimulate some productive conversations with your clients and position you to deepen your \u201ctrusted adviser\u201d status. in turn, you will very likely line up new projects that the client needs addressed in the weeks and months after busy season.<\/p>\n <\/p>\n \u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" how to identify post-busy season projects.<\/strong><\/p>\n by blake christian<\/em><\/p>\n","protected":false},"author":2179,"featured_media":51726,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[1905,1363,3120,1906],"tags":[],"class_list":["post-51723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-clients-and-service","category-featured","category-pro-member-exclusive","category-tax-practice"],"acf":[],"yoast_head":"\n\n
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