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How Accounting Firms Can Offer Support To Their Clients During COVID-19

Accounting and tax professionals play an important role in helping their clients get through this pandemic.

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How Accounting Firms Can Offer Support To Their Clients During COVID-19

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  1. How Accounting Firms Can Offer Support To Their Clients During COVID-19

  2. This tax season seems to be never-ending for accounting firms, with the deadline extended from April 15 to July 15. However, this is the time when accounting and tax professionals play an important role in helping their clients get through this pandemic.

  3. Although the COVID-19 outbreak has limited the professionals to their homes, there are some ways accounting firms can use to help their clients in this crisis. Let's check them out.

  4. 1) Adopting Cloud Technology It isn't easy to get workstations at home, which leads to limited access to accounting and tax applications. But, when using cloud technology to host the applications and data, professionals can access every tool and data they need from their home. Thus, ready to help clients at every step.

  5. 2) Counseling Clients At this time, many people are worried about their work and the loans they need to pay. Many business owners are stressing over their increased expenses and decreased revenues. Accounting professionals can help them by going over their finances and helping them to structure their expenditures only in necessary areas.

  6. 3) Outreaching To Clients The government has passed an act known as CARES (Coronavirus Aid, Relief, and Security) to help people get through this situation without many losses. Accounting firms need to contact their clients to provide guidance and make them aware of the CARES Act. Build a team to reach your clients and gather their information to serve them better.

  7. 4) Following Up The real task begins once all the information is gathered from clients. Work on the problems and accumulate resources to solve those problems. Finally, schedule follow-up meetings with clients to distribute the resources and explain how to utilize it. Moreover, firms can host webinars too.

  8. ABOUT US Ace Cloud Hosting is an award-winning hosting provider renowned for providing QuickBooks Enterprise hosting services along with other managed cloud hosting and DaaS services to accountanting professionals. Ace Cloud Hosting is also a QuickBooks Solution Provider. To know more please visit: www.acecloudhosting.com or Call at: 1-855-ACE-IT-UP QuickBooks Enterprise hosting services www.acecloudhosting.com

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  10. MORE RESOURCES How Accountants Can Prepare Against Coronavirus in This Busy Tax Season - Ace Cloud Hosting Why You Need Cloud-based Tax Filing in This COVID-19 Situation - Ace Cloud Hosting IMAGE CREDITS Shutterstock

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