End of Year Tax Preparation Tips for San Francisco Businesses: Time to Consider a New CPA?

Celebrating the 2016 holiday season also means looking ahead to a New Year. If you are a business owner, you could be reviewing the next twelve months as well as preparing for the holiday season. It’s a good time to evaluate current marketing strategies.

CPA

Photo credit: free pictures of money via Foter.com / CC BY

It’s also a smart time to take a look at the “value add” certain business partners bring. Planning for 2017 could mean letting go of relationships that no longer help the business. That may include your small business CPA.
Sometimes it’s tough to let go of things or people we’ve grown accustomed to. Maybe you own a small San Francisco café and have had the same guy handling your bookkeeping and tax preparation for several years now. He may not do a great job, but you have a sense of loyalty to him. It’s an honorable thing to be loyal to people, but if they are affecting your business negatively, it may be time to re-evaluate where they fit into your life. So, our first end of year tax preparation tip for San Francisco businesses is to get a second opinion from an expert CPA.

Some vendors can change over time and may not deliver the same top product they used to. There can be many reasons for this. Maybe they got complacent, or are ready to retire and haven’t said anything. You don’t know why Al isn’t bringing the top quality cheese he is known for, but it’s hurting your business. The same can happen with your tax consultant. Maybe he’s been “slipping” a bit in the past year. His priorities have changed and you aren’t getting the same service you used to. Or, you could just have a “feeling” that your small business taxes are not being managed correctly. Instead of feeling conflicted about what to do, contact a San Francisco CPA for a second opinion. Our knowledgeable CPA’s are energized and up to date on all the current small business tax laws. They can review your bookkeeping records and maybe offer a fresh perspective on end of year tax preparations.

Sometimes, we find that a restaurant’s current bookkeeper may be doing a fine job, but they just don’t have the experience to handle the end of year tax preparation. That’s okay, we can take on that piece and you can still keep your “guy.” We’ll put our skills into action to keep an IRS audit letter from finding your doorstep. Now that’s a reason to celebrate!

Safe Harbor, LLC a CPA Firm in San Francisco

We’re a San Francisco CPA firm for small business, we’re a San Francisco CPA firm for international tax, and we’re a San Francisco CPA firm for your business. If you are looking at end of year tax preparation, our tax accountants are ready to get to work. If you have been audited in the past and are concerned that your current CPA isn’t bringing their “A” game, call us for a consult. Our tax professionals work with restaurants and shops throughout the city of San Francisco. We will be happy to review your end of year taxes and get you prepared for the New Year. Call us today for a free consultation and let us support you with your 2016 tax preparations. We’re happy to help!


Photo credit: free pictures of money via Foter.com / CC BY

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