One of the very first traits learned by every new hire in public accounting is the mantra of “Same As Last Year” (i.e. “SALY”). Why is it that our Tax & Accounting Professionals are taught to be so focused on historical figures? Yes, history serves a purpose. We can analyze trends, learn from mistakes, and improve performance based on historical facts. However, with today’s economic challenges, we need Tax & Accounting Professionals that are PROACTIVE not REACTIVE. With tax season upon us, many business owners await the dreaded news and the fate of their current year cash flow. Many business owners end up robbing current year profits to pay for last year’s tax bill. There is a better way of life and success for your business. It is critical to find a Tax & Accounting Professional that is PROACTIVE and has the following traits:
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