AJ Chambers ®’s Post

Last week, Spear’s published a list of the best accountants and tax advisors in 2024 for high-net-worth individuals. The list features their top ten and recommended advisers, along with a few rising stars to watch out for. Congratulations to all of those listed. You can find the full list here: https://bit.ly/3NnuMRL #ReedAccountancy #Accountants #TaxAdvisors #Accountancy #Accountant #Finance

Dear LinkedIn community, I'm thrilled to announce the successful completion of my first UK tax season as an ACCA Affiliate! It's been a challenging yet immensely rewarding journey, and I wanted to share some reflections from this experience. Throughout the season, I had the privilege of preparing personal tax returns along with corporate and partnership returns for my clients, implementing proper tax planning strategies to ensure compliance and maximum benefits. Despite our diligent efforts, some clients reverted on the last day, creating a crunch situation. Working until midnight with UK people, I successfully prepared and submitted their returns, ensuring none of our clients faced penalties. This experience shed light on the profound trust and reliance our clients place in us. The responsibility of my role became even more apparent, emphasizing the critical role we play in their financial well-being. Looking ahead, I've identified key learnings for the next tax season: 1. Stay Ahead of Amendments: I realize the importance of updating myself in advance on next year's amendments. This proactive approach will enable me to plan and execute tax strategies more effectively. 2. Early Client Engagement: To avoid last-minute rushes, we need to start the data collection process early. Proactively engaging with clients, educating them on the importance of timely submissions, and streamlining the data collection process will be paramount. 3. Enhance Communication Methods: Improving our communication methods is crucial. Exploring new ways to connect with clients, providing clear and concise information, and offering easy-to-understand computation summaries will reduce back-and-forth communication. 4. Inevitability of Last-Minute Submissions: While we strive for early submissions, it's essential to acknowledge that last-minute submissions may still be inevitable. Planning for contingencies and having a streamlined process for such situations will be part of our strategy. I am grateful to AskUs Consultants LLP for the experiences and lessons learned during this tax season. I look forward to implementing these insights to enhance our services and continue providing exceptional value to our clients. Cheers to growth, learning, and another successful tax season ahead! #ACCA #TaxSeason #FinanceProfessional #ContinuousLearning #ClientService #TaxPlanning #CareerJourney

As a small business owner, you're responsible for planning and preparing for tax season. According to Kris Rossignoli, CPA, CA (Canada), CPA (U.S., IL), CFP® (Canada), CFP® (U.S.), TEP, the number one priority is knowing your CRA deadlines. He also highly recommends working with a professional to avoid mistakes and potential tax audits in the future. “I get it. I work in accountancy, and I know that this time of year (tax season) can be stressful for a lot of business owners. The good news is, there's lots you can do to help make it a relatively smooth process," - Kris Rossignoli Read on: https://lnkd.in/gGR34pQ3 #TaxSeason #BritishColumbia #SmallBusinessTaxes #SmallBusinessBC #SBBC

When putting your business puzzle together, it is important to find the right pieces that properly fit your needs. All CPAs are not the same and your business will benefit the most from finding the accountant that best understands your needs. To learn more about the Alloy Silverstein team and what we can do for you, visit our website below! #AlloySilverstein #accounting #accountant #business #smallbusiness #tax #taxes #businessowner

When putting your business puzzle together, it is important to find the right pieces that properly fit your needs. All CPAs are not the same and your business will benefit the most from finding the accountant that best understands your needs. To learn more about the Alloy Silverstein team and what we can do for you, visit our website below! #AlloySilverstein #accounting #accountant #business #smallbusiness #tax #taxes #businessowner

When putting your business puzzle together, it is important to find the right pieces that properly fit your needs. All CPAs are not the same and your business will benefit the most from finding the accountant that best understands your needs. To learn more about the Alloy Silverstein team and what we can do for you, visit our website below! #AlloySilverstein #accounting #accountant #business #smallbusiness #tax #taxes #businessowner

When putting your business puzzle together, it is important to find the right pieces that properly fit your needs. All CPAs are not the same and your business will benefit the most from finding the accountant that best understands your needs. To learn more about the Alloy Silverstein team and what we can do for you, visit our website below! #AlloySilverstein #accounting #accountant #business #smallbusiness #tax #taxes #businessowner

Have you set your sights on becoming Tax Partner? While partnership isn't for the faint of heart, the traditional career path is evolving. With a changing career landscape, diverse specialisations, and numerous pathways for success, the journey of a tax professional is as exhilarating as it is rewarding. So, in our latest blog, we explore what it takes to make tax partner in top UK accounting firms today 👇

Just a reminder that today is Tax Day! Individual income tax returns for 2023 and first quarter 2024 estimated tax payments(if applicable) are due. Also, if you haven’t seen it yet, don’t miss out on our FREE April Tax Newsletter. Read it here>> https://lnkd.in/gbr9qF8g #accountant #taxday #accounting

I understand that running your own accountancy firm can be 'at times' stressful with the work never ending. Forget work; just managing client relationships can easily take up more than 50% of your working week! And therefore, it is totally understandable that not all angles are always covered off. One particular angle that I can help with is in relation to the tax offering for your clients. Once I partner up with firms, we work together to identify tax planning and saving opportunities that may perhaps have been missed. And we also advise on any potential tax risks, reliefs unclaimed and perhaps better structuring that could be put forth. All on a case by case basis. Or you may even be aware that certain larger clients could do with a tax 'peak' but just not had the chance to keep things moving. That's where we come in and work together with you. Flexible in terms of operations. And I ensure to keep the ball rolling where it would previously have been static. WIN WIN WIN for all of us, including the client who now can be accommodated for high level tax services. Ultimately, you can increase your firm's offering to include tax advisory services undertaken by Chartered Tax Advisors. Get in touch and let's have a chat. 😊 ASWATAX #charteredtaxadvisors #accountants PS I mention WIN three times due to the three-party relationship: you, your clients, and us