Nature of a Cpa Firm
CPA's provide many resources and links on their websites. Many offer financial guides pertaining to business strategies, investment strategies, live events, tax strategies for businesses or individuals. A tax center with refund tracking, tax due dates, tax rates, and links to the IRS and state tax websites. Many also provide interactive financial calculators that deal with college funds, credit, home and mortgage, insurance, investments, qualified plans, retirement, taxation, auto, and business. Also links to different websites including the IRS, Social Security Administration, U.S. Small Business Administration, and financial links. Many also include a secure client portal for clients to send and track information. ("Steve v. baker" ) One reason for a CPA to create an internet presence is to acquire more customers. It also provides a more efficient way of working with clients. The secure portal saves both the CPA and the client time by allowing the client to deliver information electronically rather than in person. There should be a high level of sophistication to the website. The website should be very professional and simple to navigate. Clients should feel their information will be handled in a very profession and secure way. There are many ways in which the internet can be a useful tool for the accounting and auditing firm. The ability to receive information from the client in an electronic format for would be useful for inputting that data into the accounting software. It would also be convenient because it would allow the firm to us a tax software that is connected directly to the IRS to receive updates immediately when they are available. It would also allow a clients taxes to be e-filed, which is faster. It would also allow a CPA to provide useful information to multiple clients through email. The liabilities to having a website would be limited. There is a risk of an unwanted person getting into the CPA's information, but using a