4 Ways to Get the Most out of Your CPA Relationship
4 Ways to Get the Most out of Your CPA Relationship

4 Ways to Get the Most out of Your CPA Relationship

Successful business owners and leaders build a network of trusted advisors to help them achieve their goals, including CPAs. But how can you ensure you are using your CPA relationship to the fullest? Here are four tips for getting the most out of your relationship with a CPA.

1. Partner with a CPA with industry expertise

If you’re not currently working with a CPA, seek out a firm that has specific expertise in your industry. Interview several CPAs to find the right fit for your organization’s needs. Ask them about other clients they work with that are in your industry, and find out if you can speak directly with some of those clients.

2. Communicate proactively

Keep your CPA informed on what’s happening at your business. Although many clients naturally build solid relationships with their CPAs through the normal course of doing business, a little proactive communication can go a long way towards heading off any financial challenges and fostering a rewarding relationship.

3. Ask questions

If you have questions about the tax effects of certain decisions, or about how to approach banking relationships, do not hesitate to ask your CPA. He or she has probably addressed those same issues many times before and can offer valuable input.

4. Make their jobs easier

What’s one of the best ways to build a relationship with someone? Make his or her job easier. Many companies opt to share access to employee data and reports through online reporting tools. By allowing their CPAs to view fiscal year-to-date reports and other information, you can help make the year-end process run more smoothly and save your CPA valuable time—which in turn, saves you money.

Another way to strengthen your relationship and make your CPA’s life easier is to connect them with Paycor’s CPA Care team. This dedicated group of professionals provides a complimentary concierge service to CPAs of our clients to answer their questions and support them throughout the year, especially during tax time and year-end. Learn more by connecting with a Paycor representative.


Sources: Scroggins Grear, Paycor CPA Care

More to Discover

2020 Small Business Health Insurance Requirements

2020 Small Business Health Insurance Requirements

Small business owners aren’t insurance experts and they shouldn’t have to be. Many businesses are so small that the folks in charge of evaluating benefits packages are sometimes in the dark about the myriad compliance requirements surrounding health insurance coverage. Even though small businesses that employ fewer than 50 full time employees aren’t legally bound to offer health insurance, many of them offer coverage to improve employee engagement and morale and also to attract the best talent. So, if your company plans to provide health insurance for your employees, it’s important that you understand your choices and the laws around them.If you’re looking to offer health insurance in 2020 you should consider adding these five popular...

SMB

3 Restaurant Problems That Human Resources Can Help Solve

3 Restaurant Problems That Human Resources Can Help Solve

People get into the restaurant business for a lot of reasons but managing complex HR challenges is usually not one of them. As a restaurant owner or operator, you’ve got a lot on your mind - menus, vendors, pricing, and of course keeping your customers well-fed and happy. The problem is, those complex HR challenges - the ones you don’t want to think about it - can become serious problems if you don’t get a handle on them. The good news is, with the right strategy and the right technology, you can dramatically simplify complex HR challenges before they become problems, protect your business, and get back to doing what you love to do. Restaurant PROBLEM #1: SCHEDULING THE WORKFORCE You don’t need us to remind you that restaurant profit...

CFO

The Importance of Non-Financial Incentives

The Importance of Non-Financial Incentives

Employees are motivated by more than money. Finding, recruiting and hiring talented people is just the beginning. Keeping them motivated throughout their careers is another challenge entirely. Ideally, talented people will have such a great work ethic that they’ll stay engaged no matter how they feel. But let’s face it, how we feel influences how we approach our work.Great managers need to become experts at keeping employees engaged—companies with highly engaged employees are more productive, have 21% higher productivity, and staff are more likely to stick around (Gallup). The problem is, though employee engagement is on the rise, it’s still only a minority of the US workforce who are engaged at work. Employee engagement is way more...

Webinar: March 2020 Web Summit - Keynote Session: 5 Ways HR Pros Can Engage the C-Suite Today - 3/4/20 @10:30am ET

Webinar: March 2020 Web Summit - Keynote Session: 5 Ways HR Pros Can Engage the C-Suite Today - 3/4/20 @10:30am ET

How can you balance people strategy with business strategy? Register for this session to learn our 5 step process to building bridges and the tools you need to help align with business leaders, impact the bottom line and get noticed.Speaker: Lori KleimanLori Kleiman is a business expert with more than 25 years of experience advising companies on HR issues. Her background as a human resources professional and consultant gives her unique insight on how HR professionals and executives can work together effectively to achieve business goals. Her programs are designed to provide critical HR updates and best practices to small businesses. In addition, she is has served as adjunct faculty member at a number of Universities.Wednesday, March 4,...