While the holidays might be downtime for many offices, accounting firms are looking toward the first of the year to signal the start of accounting season. Between January and April, financial professionals are the hardest working people you’ll find. Tax time can be stressful for everyone from the clients to the accountants themselves, so how can you ensure that everything will run as smoothly as possible? Before tax season starts, evaluate what you can do to make things easier. Let’s take a closer look.
Don’t wait until it is too late.
Staffing your team in March may be too late to make a dent in the work that your firm will have this tax season. Instead, get started now. The holidays are a perfect time to reach out to find temporary seasonal workers who will be available after the first of the year. If not, you run the risk of not finding the employees with the qualifications you need to accomplish the tasks at hand.
Avoid overworking your team.
You may have a great core staff. They may be rock stars in accounting. But that doesn’t mean that you can have them work 24 hours a day and seven days a week without consequences. There will certainly be some overtime inherent with tax season, but working your staff to the breaking point won’t serve anyone. Instead, make sure that you have enough short-term help to get you through the season. They can be there for administrative support or take on more tasks depending on skill level.
Review the past to determine need.
In order to determine the skill level of short-term employees or the number of temporary workers your company will need for the season, review the workload you’ve had in recent years. How many clients did you have last year? What were your billable hours? How many new clients have you added this year who will need attention during tax season? Review all of this information and get input from your accounting staff to see what kind of temp help will be best for you starting in January.
Partner with an agency.
To accomplish all of this, your best solution is to work with an agency who specializes in accounting and administrative support. You can talk with them now to determine how they can help you best in the coming months. Talk to them about their inventory of available employees, the skill levels, and the rates you will need to pay. Share your data so you can both create a plan that will work well this tax season.