It’s only a matter of weeks before the Tax Day deadline closes in, and if your clients tend towards procrastination, it’s understandable for you to be breaking into a sweat by now.
How do you get it all done in time? Here are three tips to manage your workload as April 18 gets closer.
File extensions for select tax returns
With millions of 2020 tax returns still being processed by the IRS, it’s likely that at least some of your clients are included in that number. These clients are easy candidates for tax extensions, since filing a 2021 return before the 2020 one is complete could cause refund delays this year, too.
Ultimately, there are only so many tax returns you can do between now and the deadline. Slate as many tax returns as possible for extensions so that last-minute stress doesn’t drain you.
Look into virtual assistance for staffing needs
While it’s a bit late in the game to be looking for full- or part-time hires, many a la carte freelancers are happy to help take care of your to-do list. From running social media ad campaigns to writing marketing emails, writers and designers from sites like Fiverr can help you get it done.
Outsource as much as you can, and if you have a great team already, be sure to delegate whenever you can.
Automate as much as possible
With awesome products like GruntWorx available, there’s no reason for you or your team to get bogged down in the filing paperwork. Our services make data entry and formatting a breeze; imagine being able to scan client documents (including brokerage statements) directly into your tax-prep software.
Whether you’re going it alone or already have a team, GruntWorx can help knock out your to-do list before April 18. (After all, as great as extensions are, who wants to prolong tax season?)
It’s been a challenging year to say the least, but we're here to reduce stress, improve productivity, and get you across the finish line with flying colors. Be sure to check out our Products page to see how GruntWorx can make that happen.