Accountant opportunity to assist clients with disaster planning

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Taxpayers and their preparers who are located in areas that were either evacuated or under severe weather warnings because of Hurricane Irene are being extended some extensions of time for filing returns and making payments. If you serve clients in Connecticut, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Puerto Rico, or Vermont, these relief measures might apply to your clients. If you haven't done so already, now is a good time to call or send a message to your clients, and not just the ones in the path of the hurricane.

Whenever we experience a disaster, there is an opportunity to remind your clients of disaster preparation measures that individuals should take, including offsite storage of important documents (remind them which documents they should store), importance of an evacuation plan, emergency fund, and disaster supply kit, and so on.

And don't forget your business clients. Shortly after the terrorist attacks of 2001, AccountingWEB hosted a disaster recovery workshop presented by Stanley Weiner, Peter Frank, and Sid Edelstein of Cornick, Garber, and Sandler, LLP. These gentlemen presented a comprehensive plan for mitigating risk and emergency response in the unforeseen event of natural as well as man-made disasters. You can read the complete transcript of that workshop and share the ideas with your clients.

 

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