January 11, 2011
Douglas Farrington, Partner-In-Charge of the Firm's Boston Office, Featured in CPA Magazine Article "Rolling Through Tax Season"
By T. Steel Rose and Jasmine Temares
Tax season is high time for almost all main street CPA firms. It is the most productive time of the year. Gearing up for tax season is a matter of having all the right personnel in place as well as flex time and tax season-only professionals and para-professionals to assist with the heavy volume of traffic. 2011 will be significant as it will be the focal point of the landslide of tax changes in 2010, along with the onslaught of problems with expiring provisions in 2011 and the Health Care Act changes needed to comply in 2013.
Tax season tips include becoming more efficient before and during tax season. The age-old tax organizers have only one tax aid to streamline tax season with the right technology tools and processes to increase throughout the interview of new clients to meeting with existing clients, acquiring all necessary data, preparing documentation to delivery and receiving payment for returns.