LogoSerotta Maddocks Evans, CPAs

701 Greene Street, Suite 200

Augusta, GA 30901

706.722.5337

www.smecpa.com

Services that go beyond the expected...

History      Mission       Contact Us       Accounting & Audit      Taxation       Advisory    
smEnews
March 2012
Dear ,
    

Spring is in the air and April 17th is fast approaching!  Don't take your spring break yet...with only one month away from the tax filing deadline SME is meeting with people to help them minimize their tax burden and maximize their return.  Have you made your appointment yet?  If not, email me and I will be happy to get you on the calendar.  If you need a blank organizer to help get your information in order, let me know and I will be happy to provide you with one. 

Once you file your return how do you know what to keep and what to shred?  It's very important to keep certain documents on record permanently while others may only need to be kept for a certain number of years.  Visit our Newsletters section and see the document "Record Retention for Personal & Business Records".  This guide will help you maintain your records and keep your files organized.

Rebecca Plankey
rplankey@smepca.com

 

In This Issue
Tax Time Tidbits
Marketing Tip by Rebecca Plankey
Technology Tip by Jessica Yoder
Tax Tip [Right hand column]
Tax Time Tidbits
  • Direct deposit is the fastest, safest way to receive your tax refund. When a taxpayer combines e-file and direct deposit, the IRS will likely issue your refund in as few as 10 days.
  • Our QuickBooks Seminars are on hold for tax season, but we've posted some helpful tips on our website.
  • Visit our website for a helpful Tax Calendar from the IRS filled with usefull information to address your small business concerns.
Marketing Tip from Rebecca Plankey

It's About Them

 

What makes an impact on a potential customer these days? Not the same old sales terms according to a small business advisor article. Do you see and hear the same old phrases in brochures and by sales people? Is your business doing the same thing? Pretend you're the customer and see how you react when you hear some of these phrases: Logo

  1. Exceed Expectations - Tell the customer exactly what you will do, then let them be the judge.
  2. Customer Focused - Would you be anything except customer focused? Instead, tell how you are better.
  3. Best in Class - Who said so? You? Customers need what's best for them so tell them how you will meet their needs.
  4. Low-Hanging Fruit - You mean the easy stuff the customer should have already done? Instead, tell them how you prioritized your list using cost-benefit terms.
  5. Unique - Isn't everyone else? Focus on how you are better suited to meet the customer's needs.
  6. Value Added - Explain the deal. Give them their options and add-ons and help them figure out how to utilize all that you provide.
  7. Turn Key - Remove skepticism by explaining what you will provide and at what level the customer will participate.
  8. Expert - Prove it. Show what you can do and let the customer decide how expert you are.
  9. Outstanding ROI - Show the costs and let the customer calculate their ROI. Without seeing their numbers you are only giving them a "best case" scenario.
  10. Partner - Until the customer can reach their hand into your pocket the way you reach into theirs, it's not a partnership. Maybe based on long-term performance they will view you as a partner but they will determine that over time.

Once these words made a real impact, today they could be viewed as empty and meaningless if only because they have been used so often. Take the time to connect with your customer in a way they need. After all it's not about you, it's about them.

Technology Tip from Jessica Yoder 

 

You update your browser each time you are prompted. You are on your way to being completely paperless, posting most of your documents to the cloud. You have invested in sophisticated CRM software. So what could go wrong? Here are 7 small business technology slip-ups for you to be aware of and avoid.

  1. Buying the wrong laptop
  2. Using simple passwords*
  3. Paying for data by the megabyte, not the gigabyte
  4. Trusting your anonymity
  5. Posting sensitive data to the cloud
  6. Revealing your location publicly
  7. Not using anti-virus software

Detailed descriptions of these common mistakes can be found in this Inc. article.Logo

 

*Paul Wade recently wrote about a password manager program in his November 2011 Tax Tip. View the archive here.

Thanks for taking the time to read our newsletter.  Stay tuned for next month's tips and features.

 

Sincerely,
 
Serotta Maddocks Evans, CPAs
Quick Links


Find us on Facebook Follow us on Twitter

Tax Tip


 

Did you or your spouse or dependents have significant medical or dental expenses in 2011? You may be able to deduct these expenses when you file your tax return.

2012 IRS Tax Calendar for Small Businesses and Self-Employed

Instructions for making a "quick payment" on the Georgia Tax Center's website.