Building Financial Literacy and Trust with Small Business Clients
- Author
- Roger Harris, EA and Annie Schwab, CPA
- Published
- Tue 05 Dec 2023
- Episode Link
- https://share.transistor.fm/s/eab2ff1b
Joey Vrooman, CPA, joins the show today and helps explain the importance of working to educate clients on financial literacy, despite common disinterest. He discusses tactics for simplifying complex terminology, using visual tools, meeting clients at their level, and the "win win" benefits for both advisor and business owner.
Sponsors
Padgett - Contact Padgett or Email Jeff Phillips
- (00:00) - Federal Tax Updates Episode 21
- (00:55) - Welcome Joey to the show
- (02:46) - Defining financial literacy
- (05:48) - Teaching clients to understand finances
- (15:46) - Understanding client personalities and tailoring communication
- (18:38) - Managing pricing and margins during inflation
- (22:41) - Keeping financial information simple yet accurate
- (27:21) - Answering client questions on financial decisions
- (30:30) - Documentation to protect against liability risks
- (33:36) - Year-end tax planning with clients
- (39:16) - Confusion caused by media coverage and ERTC mills
- (43:20) - Wrap up and remember to subscribe
Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode.
Connect with Joey
https://www.linkedin.com/in/joey-vrooman-cpa-87371568
Connect with the Hosts on LinkedIn
Roger Harris
Annie Schwab
Review
Leave a review on Apple Podcasts or Podchaser
Subscribe
Subscribe to the Federal Tax Updates podcast in your favorite podcast app!
This podcast is a production of the Earmark Media
The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.
