Often people do not make a change in the way they do things until they experience a significant problem. Over the years, we have had clients turn to FMA, C.P.A. for many reasons. Many of these clients were working with other CPA firms in Clearwater, FL before they came to us.
Let’s look at 4 common issues businesses have with their CPA.
1) No business guidance
Many Clearwater CPA firms are reactive. They just handle the bookkeeping and file the tax forms. FMA, C.P.A is proactive. We give our clients financial advice on how to reduce their tax burden, improve their cash flow, and structure their businesses. We go beyond basic bookkeeping and tax services, and function like a partner and trusted advisor.
2) No meaningful relationship
Many businesses only communicate with their CPA a couple of times a year during tax season. They don’t really know their CPA and feel like their CPA doesn’t really know them or their business either. The relationship – if you want to call it that – is purely transactional.
We at FMA, C.P.A. believe that for trust to thrive, there must be a relationship between client and CPA There must be good communication and regular conversations. The CPA firm should have a good understanding of where the business is financially, what it’s goals are, and what challenges it’s facing. This relationship and understanding are essential to be able to offer sound financial and business advice.
3) Not getting the right answers at the right time
Obviously, you are not the only client your CPA has. However, there is an expectation that when you contact your CPA, if they aren’t available then, they should get back to you in a reasonable amount of time. When you do not get the answers that you need at the right time, it is frustrating and can cost you money. An opportunity may only come once, and when you miss it, it may be gone forever. We believe good, responsive communication is just as important as the accounting and tax services we provide.
4) You get billed for a 5-minute conversation
If you get charged extra every time you communicate or ask for advice from your CPA, then it may be time to rethink your CPA firm. Nobody likes to get nickel-and-dimed for every little bit of advice or help provided.
All our advisory conversations with our clients are part of our client-CPA relationship dynamics. We want our clients to talk with us when they need information or advice for a business decision.
Many business owners experience these issues with their CPA and just put up with them figuring, “That’s just the way it is with CPAs.” No, it doesn’t have to be that way. If you are looking for a CPA firm in Clearwater, Largo, Dunedin, Oldsmar, Land O’ Lakes, or Lutz that will get to know you and your business and offer sound, proactive financial advice, contact FMA, C.P.A for a free consultation.