Tax Season Starts January 31. Are You Ready?

January 27th, 2014

Some love it, others dread it, but either way, the busiest season of the year for tax professionals kicks off on Friday, January 31. If you’re in the tax preparation business, it’s time to rest up now, as your schedule will be pretty hectic through April 15th.

Whether your firm is relatively small or larger in size, it’s important to properly prepare for tax season, to keep your clients satisfied and coming back again next year.

Four Tips to Effectively Manage Tax Season
As a tax professional, you want your firm to be crazy busy during tax season. While the early mornings, late nights, and time away from friends and family can be frustrating, you know it’s only for a short period of time.

Surviving tax season can be a lot less stressful when you have an effective plan in place to keep the flow running smoothly. Here’s how to do it:

  • Provide Proper Training: If you’ve adopted new forms of technology to handle this year’s workload or have added new members to your team, it’s essential to provide a training session to make sure everyone knows what they’re doing.
  • Streamline Administrative Processes: Sometimes it’s okay for your staff to do things their own way, but during tax season it’s not. Create a set of processes and procedures your team must strictly adhere to with each client. This can include not starting work for a client until they’ve provided all necessary information, setting rules for handling missing information, and making sure same person who starts a return also finishes it.
  • Assign Returns Appropriately: Put your most experienced staff members on the larger, more complicated returns. You don’t want to risk a mistake by a younger staff member or have your experienced workers constantly have to stop what they’re doing to help them tricky questions.
  • Don’t Forget to Communicate: Proper communication between your employees and your clients and internally, within your staff, is imperative for success. Make sure you’re on the same page with client needs and expectations, as mistakes can be costly and time consuming.

 

Looking for temporary workers to add to your team during tax season? Contact Accountingpros Recruiting + Staffing. We have a network of skilled accounting and finance professionals eager to help out during your busiest time of the year.