San Francisco, CA – December 1, 2016. Safe Harbor LLP, a top Bay Area Accounting Firm, is proud to announce a provocative ‘think piece’ posted to their blog on outgrowing one’s CPA firm and needing a second opinion. With the Bay Area in general, and San Francisco, in particular booming, many individuals and businesses are hitting a complexity wall. They may have outgrown their CPA firms, and need a second opinion.
“In a very respectful way, we’re reaching out to frustrated individuals and businesses in San Francisco to ask them to consider whether their current CPA or accountant can truly handle their tax complexities,” explained Chun Wong, Managing Partner at Safe Harbor LLP. “This post to our blog invites people to ponder their CPA relationship and perhaps reach out to us for a second opinion or ‘reality check’ vis-a-vis their current accounting firm.”
To reach the post on outgrowing one’s CPA firm, please visit the company’s blog. There one can find seven signs that one might have outgrown one’s accountant; the most important, however, may be a ‘gut check’ that indicates its time, at least, for a second opinion from a knowledgeable CPA firm.
A Booming Economy Means More Money and More Complexity
With San Francisco in economic growth mode, more and more people and businesses have high incomes, and with high incomes, tax complexity. While during the recession years of 2008-2009 and even during the recovery, many people hardly paid taxes at all, the new wealth of the city is pushing more and more people and businesses into higher tax brackets. Added to that is the complexity of the San Francisco technology scene; startups, in particular, face peculiar tax problems such as employee stock options and the impact of mergers and acquisitions. Similarly, many San Francisco residents have foreign assets and are subject to increasing IRS scrutiny. With both IRS audits and IRS tax compliance vis-a-vis foreign activity on the rise, many San Franciscans have simply outgrown their current CPA and are looking for a new one. The new blog post helps these residents and businesses look for signs that it may be time, at least, for a second opinion. Individuals can learn more at https://www.safeharborcpa.com/individual-income-tax/, and corporations can learn more at https://www.safeharborcpa.com/business-tax/.
About Safe Harbor LLP – a Professional CPA Firm in San Francisco
Safe Harbor LLP is a CPA firm that specializes in accounting and tax services for individuals and businesses throughout the San Francisco Bay Area and greater California. Safe Harbor CPAs helps both individuals and businesses with tax preparation, IRS audit defense, and audited financial statements. The firm prides itself on friendly yet professional service and utilizes state-of-the-art Internet technology to provide quality customer service.
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