LogoSerotta Maddocks Evans, CPAs

We create history, not just record it.

www.smecpa.com 


      701 Greene Street, Suite 200          1231 Augusta West Pkwy.

             Augusta, GA 30901                         Augusta, GA 30909

                                              706.722.5337                                    706.863.3637      

 

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smEnews
November 2013
Dear ,  

 

It's only a few weeks until Thanksgiving. Hard to believe. At SME, we have many things for which we are thankful. Our Partners are thankful for our employees who work faithfully year-round, giving their best and working hard to do the best job possible for our clients. We're thankful for our clients who trust us to advise them and who are the foundation of our success. We have clients that have become more like family. We've shared their ups and downs, we've laughed some and we've even cried some when they experienced personal losses. We are truly honored to be their "friends." We are also thankful for our friends and colleagues in the community who help us help our clients. We depend on our relationships with bankers, lawyers, real estate agents, attorneys and so many more to provide the best expertise possible.

 

And finally, since she will be leaving us next week, we'd like to say a special word of "thanks" to Rebecca Plankey. As most of you know, Rebecca has been our Director of Marketing for the past 5 years. She's been the face of SME at countless events and has represented us well. She has pushed all of us "stodgy" accountants to get out of our comfort zones. She's brought our firm into the age of social media. In fact, you wouldn't be receiving this e-letter if it weren't for her. We will continue to build on what she has taught us. She's moving on to another industry to try something new and we wish her well as she goes.

 

We have so much to be thankful for!  I'm sure you do, too.  Happy Thanksgiving!

 

Andrea Usry, CPA
Partner 

Help Grow SME

Quarterly Client Appreciation Gifts

One of the best ways we can grow SME CPAs is through  
referrals from existing clients!

Any current client of SME CPAs that refers a NEW client with expected annual bilings over $500 or greater will be rewarded with a $50 Gift Certificate as a thank you.  Rewards will be done on a quarterly basis.

At the end of the year SME CPAs will host a Client Appreciation Party for all of the clients that were rewarded throughout the year!

Be a part of the movement! Help Grow SME!
Tax Strategies for Individuals and Business Owners
IRS: Shutdown to Delay Tax Season

The Internal Revenue Service announced that it will delay the start of the 2014 tax filing season by as much as two weeks due to delays caused by the recent closure of the federal government. It expects to start accepting and processing 2013 individual tax returns no earlier than Jan 28, 2014 and no later than February 4th. The final, official start date is supposed to be announced by the IRS in December!

To find out more information regarding delays to Tax Season view the article IRS: Shutdown to Delay Tax Season 
 South Carolina Department of Revenue  
 
The SC Department of Revenue has a new provider for the Free Identity Protection if you were an affected SC tax filer. 

To find out more information go to scidprotection.com to enroll in the new service and receive up to one year of state-provided coverage. The enrollment will be available through October 1, 2014.
ProAdvisor Stephen R. Lamb

Date:May 22, 2013   

QuickBooks Assistance 
 
"I have worked with Stephen extensively for almost a year, and it has been a very positive experience. He has a vast knowledge of QuickBooks and how to best utilize the program for your needs. He and his firm are very professional and I would recommend him without hesitation."
 
Read more of Stephen's reviews at: Intuit Find-a-ProAdvisor 

Marketing Tip from Heather Hammack

  

3 Selling Essentials Every Startup Should Know

 

For many startups the easy part is developing the product or service and creating your business. However the real hard work comes into play when you have to sell your product.

 

One of the core truths about sales is that the act of selling is not about pushing your product on people but more about solving a problem for your consumers. Here are three tips to consider when "selling" your product.

 

1. Alter your thought process

 

The first step in learning to sell a product or the services your business offers is to learn that you are solving a problem as opposed to closing the deal. You should find out from the prospect what issues they have and then relay how you can fix those as opposed to listing off your product's features. If you cannot find a way that your product can fix the clients' issues, it may just be the wrong market or your sales pitch needs to be tweaked to focus on solving problems your clients face.

           

By asking your clients questions you will often discover what your product's niche may be. You may discover your product is less expensive, you have superior customer service, or your product makes life easier for your target demographic. Regardless of your niche, the most important aspect of sales is to connect your product to the needs of your customer.

 

2. Always look to add value

           

Just because a customer buys your product does not mean the selling process is complete. All too often, sales people will contact the customer until closing the sale, and then once the deal is done, they hand off the person to the service team. This is a missed opportunity.

           

Check in with your clients on a regular basis and look for ways to keep listening to their needs. Look for ways to support them and be ready to answer questions before problems arise. You don't have to be in selling mode, but touching base with your most loyal customers helps keep the communication open. There are many different avenues through which you can communicate with your clients. This could be through social media, newsletters, surveys, direct mail pieces -- anything that helps you stand out from the crowd and allows you to reach out to your customers beyond the cashier adds value.

 

3. Deliver an appropriate solution

           

Customers can tell the difference between a sincere problem solver and an impatient sales person. The better you listen to what your customers need and not what you want to sell them, the better your sales relationships will be and in the long run, the better your sales will be.

 

Make sure you provide a solution that your prospects truly need. There are many sales people who just want to sell something, regardless if it is the right fit or not. Don't be that person. Bring your entrepreneurial spirit and passion into your sales conversations, but most importantly connect with your prospects and find the right solution for them, based on their unique needs.

Technology Tip from Paul Wade

 

Minimizing The Risk of Computer Viruses

 

Computer viruses have always been a threat to a company's computer network, but recently they have become even more dangerous as more aggressive and invasive "species" are found. Viruses can be delivered via email, social media sites or embedded in PDF files. Even with a good firewall and anti-virus software, your company is still at risk to virus attacks. How can that be? Because a computer network's users are the single biggest threat to its security. Creators of viruses and other malware use social engineering to build delivery devices that trick the user into opening it or clicking on it. For instance the virus can be embedded into an email that appears to be from FedEx or the Internal Revenue Service.

 

Above and beyond basic IT protections against viruses, regular employee training can be one of the best strategies to prevent virus outbreaks. The training should cover company policies about internet usage as well as exposure to the issues and threats that viruses and other malware pose. In between periodic training sessions, IT staff should also warn staff of high risk threats via email or other methods. With a little training and education of end users, hopefully your company can minimize the risk of a virus outbreak.

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

 

Sincerely,
 
Serotta Maddocks Evans, CPAs
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Our November Tax Tip discusses Year End Tax Planning. How you can prepare now and possibly save later.
 
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Tax Blog for details.

 

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