A professional tax preparer must complete individual and corporate tax returns in a timely and accurate manner to maintain a consistent client base these are the tax tips to use!
Without a sufficient understanding of tax laws and creative strategies to save customers money on their annual tax returns, it’s easy to lose the competitive edge. Attention to detail and strong communication skills help a tax preparer stand out as an expert in the industry.
Keep a List of References
Keeping a current list of references from previous clients is a good way to get new customers. People looking for a tax preparer want someone who doesn’t make many mistakes and saves them from unwanted tax audits. A good tax preparer is forthcoming with references because satisfied customers can attest to her reliability, according to an article published on the National Association of Tax Professionals website. Ask current clients if you can use them as references for new customers. With ever-changing tax laws and tightening Internal Revenue Service policies, your prospective new clients might want to contact your previous clients to make sure they select qualified experienced tax preparers.
Provide Contact Information
Provide your contact information to clients so you are readily accessible. If you work for a tax preparation firm, give your clients a direct number, so they can reach you at any time. “ABC Good Morning America” stresses the importance of providing your clients with contact information, so they can contact you after tax season is over. That’s usually when clients hear back from the Internal Revenue Service (IRS) about any tax problems on their returns. You want your clients to see you as a long-term investment, so they return year after year for tax preparation services.
Related Reading: A Tax Preparer’s Career Information
Stay Current on Tax Laws
As long as you stay current on new tax laws, available deductions, applicable credits and money-saving tax practices, your services will be in demand. According to the IRS-approved continuing education tax website Pronto Income Tax of California, the tax industry is recession-proof because people will always need to file taxes. Participating in continuing education classes, researching new tax laws on tax association websites and researching IRS publications can help you stay on top of the game.
Specialize in a Tax Field
Consider specializing in a particular field, so you attract customers who need your specific skill sets and expertise. Complex real estate issues, self-employment income, retirement income, investments, business expenses and inheritances have detailed tax requirements and provisions. Specializing in a particular field helps you stand out from other tax preparers who only provide cookie-cutter services.