Top tax questions to ask your CPA now

As we approach the 2023 tax deadline, you may be wondering what has changed from last year’s tax preparation. Or, if you’re a new entrepreneur, you may not know what to expect for your first tax season. For many business owners, the fear of making a mistake, not knowing about new rules and regulations, or even potentially leaving money on the table are some of their top concerns. In this episode, we’re joined by Tina McGill, CPA, and we’ll give you the “must ask” questions for your accountant.

• [1:33] What’s the first question a business owner should ask their accountant?
• [2:29] Information businesses can provide up front to help ease the filing process
• [3:39] Considerations around tax laws from the last few years, like the Employee Retention Credit
• [4:20] How small businesses can help improve their tax position in 2023 and beyond
• [5:04] Financial advice for small business owners to help them address some of their top challenges
• [6:44] Best practices businesses can follow with their CPA to get the most value from their relationship

Copyright © 2023 ADP, Inc. All rights reserved. This content may not be distributed, reproduced, modified, sold or used without the written permission of ADP. The information is provided "as is" without any expressed or implied warranty, is based on generally accepted HR practices and is advisory in nature. This content is provided with the understanding that neither the presenters nor the writers are rendering legal advice or other professional services. Employers are encouraged to consult with legal counsel for advice regarding their organization's compliance with applicable laws. This material is current as of the date of this episode (February 2023).