Do you struggle to find time for anything other than tax preparation work? Does it feel like there’s not enough time to get everything done?
If you answered yes, then you’re not alone. Most accountants are working harder than ever, even though modern technology was supposed to relieve us of some of our daily tasks. During the busy tax season the problem is even worse. CPA’s get on the hamster wheel of tax prep work and don’t stop until it’s time to collapse at the end of the day.
There’s only one problem with the hamster wheel mentality—it doesn’t prepare your firm with long-term strategies for the future. It only looks at what needs to be done today, instead of how you might plan for tomorrow.
Forward-thinking CPA’s are strategically preparing for the changes that will inevitably be part of tomorrow’s tax world. This means they’re not only efficiently managing their time today, but also using their time for services that make more money.
Recent tax reforms have increased business for now, but as these changes become the new norm, fewer clients will need the help of a CPA firm. Experts predict that under the previous tax law, about 70 percent of clients itemized their deductions. Under the new law, only 17 percent will itemize.
That means fewer people will need the services of a CPA to prepare their taxes and CPA’s will need to add new services to remain viable.
How are you preparing for this transition in your business?
If you don’t have a solid plan to engage clients year-round, let us show you how to secure your future success. The Complete Advisory Solution will get you off the hamster wheel and transform your CPA practice with a proven program that increases revenue without hard selling.
We believe in the Complete Advisory Solution because we use it and have seen how powerful it really is. I want you to see what it can do for your business too.
Schedule a free demonstration of The Complete Advisory Solution and we will give you a copy of our new book, Delivering Advisory Services: The Essential Guide.