You touched on having staff help in updates to the checklist. I also wonder if it would assist with buy-in (and use) if you had staff create their own checklists. You could use this as part of their review/coaching process. Have them create the list they think they need, and you can discuss it together. Modify it as needed, and that's the one they use for their work. When I went out on my own, one of the first things I did was create a checklist of the common issues to watch out for AND the common things I always got review comments on while working in a form. That one UT setting in assets for QBI reporting? Yeah I am never gonna remember that toggle unless a list is telling me to since now there isn't a review doing it.
Awesome video Jason. I'm actually in the middle of building out some SOPs right now and I like your take on having a 20/80 Checklist that is a level above the granular SOPs
I’ve been listening to this podcast religiously for the past 6 months. Great insights! I run a small firm of two people. Primary services are monthly bookkeeping and tax preparation. I don’t come from the public accounting world, so I’m learning best practices as I go. When onboarding a new client that needs these two services do you generally ask the client to sign a 2848 and grant you access to their bank account for check/deposit visibility? Trying to incorporate as much as I can in the onboarding process to avoid hurdles later on. Just curious what the industry as a whole is doing. Thanks!
@ that’s right. It’s useful for monitoring tax transcripts, payments, and speaking to the IRS when notices arrive. What I’m asking is if Jason would recommend completing a 2848 for all new clients that are utilizing tax services. As a “just in case” proactive measure.
You touched on having staff help in updates to the checklist. I also wonder if it would assist with buy-in (and use) if you had staff create their own checklists. You could use this as part of their review/coaching process. Have them create the list they think they need, and you can discuss it together. Modify it as needed, and that's the one they use for their work.
When I went out on my own, one of the first things I did was create a checklist of the common issues to watch out for AND the common things I always got review comments on while working in a form. That one UT setting in assets for QBI reporting? Yeah I am never gonna remember that toggle unless a list is telling me to since now there isn't a review doing it.
Yeah I like it
This is the 2nd best sweater you've shown off after the Kirkland one.
Awesome video Jason. I'm actually in the middle of building out some SOPs right now and I like your take on having a 20/80 Checklist that is a level above the granular SOPs
Sweater season is back!
I’ve been listening to this podcast religiously for the past 6 months. Great insights!
I run a small firm of two people. Primary services are monthly bookkeeping and tax preparation. I don’t come from the public accounting world, so I’m learning best practices as I go. When onboarding a new client that needs these two services do you generally ask the client to sign a 2848 and grant you access to their bank account for check/deposit visibility?
Trying to incorporate as much as I can in the onboarding process to avoid hurdles later on. Just curious what the industry as a whole is doing.
Thanks!
A 2848 is a POA for working with the IRS in place of your client. It has no legal authority outside of that.
@ that’s right. It’s useful for monitoring tax transcripts, payments, and speaking to the IRS when notices arrive. What I’m asking is if Jason would recommend completing a 2848 for all new clients that are utilizing tax services. As a “just in case” proactive measure.