1. What is the primary flaw of the traditional “Handoff Model” between Client Accounting Services (CAS) and tax teams?

A) It requires CAS teams to complete full tax returns themselves in January.

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B) Tax-impacting events occur all year long, so discovering them in January leads to missed planning opportunities and surprise tax bills.

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C) External tax teams are legally prohibited from reviewing internal CAS workpapers.

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D) It forces clients to pay double for monthly financial reporting.

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2. When establishing a partnership rhythm with an external tax preparer for the first time, what is the critical prerequisite before outreach?

A) Asking the tax preparer for a copy of their fee schedule.

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B) Completing an advanced course on corporate tax law updates.

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C) Obtaining an introduction and authorization from the client to share information.

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D) Sending the full general ledger detail for the past three years.

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3. Under the “Rules of Engagement” agreed upon between CAS and tax teams, how should client communication be divided?

A) The CAS team delivers all tax messages to the client to streamline communication.

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B) The tax team takes full ownership of both monthly bookkeeping and year-end planning.

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C) Each team stays in its own lane: CAS handles operational numbers and financial reporting, while tax handles tax liability and tax strategy.

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D) Neither team contacts the client without the other team presence on every phone call.

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4. Which of the following is considered a calendar-based touchpoint rather than an event-based touchpoint?

A) Flagging a new equipment purchase financed in September.

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B) Sending a Q2 financial package and year-to-date comparison to adjust estimated tax payments.

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C) Reporting an out-of-state employee hire that creates a new payroll filing requirement.

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D) Notifying tax about an unusually large owner distribution taken in June.

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5. If a client signs a major asset purchase agreement same-day without giving the CAS team advance notice, what is the correct fallback action?

A) Wait until the final year-end package in January to share the purchase agreement.

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B) Flag the transaction to the tax team as soon as you learn about it, rather than waiting for the next quarterly package.

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C) Refuse to record the purchase in the ledger until tax approves the transaction.

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D) Send an invoice for non-compliance directly to the client.

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Partnering with the Tax Team

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