turning problems into opportunities

business concept:problem solution success

what the highly successful do by habit and the rest of us need to learn the hard way.

by 卡塔尔世界杯常规比赛时间

every accounting firm has a problem. sometimes many problems. something is preventing exponential growth or inhibiting sales or tangling up the it system or requiring too many weekends at the office or causing clients to drift away or… well, the list could go on forever. no organization is perfect any more than any human being is perfect or any machine is perfectly efficient. somewhere in every firm there is a problem which, if solved, would make the firm better.

you need to find that problem and solve it. you need a system. here’s how some of the smartest people we know go about tackling their problems. read more →

tax season 2016: irs in crisis

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budget breakdowns threaten tax agency’s future.

this year’s toughest issues & best opportunities

today’s bonus question: strategies for dealing with the single biggest problem this year.

join the survey. get the answers.

by 卡塔尔世界杯常规比赛时间

you have a friend inside the irs. it’s the taxpayer advocate service. technically, it’s part of the irs, but legally, it reports directly to congress and the congressional desire to make life as simple as possible for you.
the tas has two main objectives:

  1. to help individuals resolve difficulties with filing their taxes.
  2. to identify systemic problems and suggest solutions.

to fulfill the problem/solution objective, the tas presents an annual report to congress. the report identifies at least 20 serious systemic problems. theoretically, congress will look askance at the irs, and the irs will take heed and make life a little easier for taxpayers and tax preparers.

depending on how quickly the irs reacts, the problems detailed in the 2015 annual report may make this year’s tax season a little easier. some of the problems, however, will need long-term consideration. but that’s better than no consideration.

here, briefly, are a few of the main issues the tas has identified:

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accounting industry expands at 5% annual rate

cpatrendlines jobs report tiltpayroll agency hiring surges. wage growth slows at cpa firms.

who’s hiring? who’s not?
join the survey. get the answers.

by 卡塔尔世界杯常规比赛时间

the u.s. tax, accounting and bookkeeping industries are turning out to be one of the brightest spots in the nation’s economy, growing at about 5 percent a year, with payroll agencies now turning in the strongest performance.

wage growth, on the other hand, is showing signs of slowing down.

this month’s 卡塔尔世界杯常规比赛时间 jobs report covers:

  • current hiring trends in each of the bookkeeping, tax, payroll and cpa segments of the industry.
  • average hourly wages for key segments.
  • typical hours worked per week.
  • and trends concerning women in the accounting workforce.

read more →

a good year for small business clients

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sales and margins expand in most sectors.

by 卡塔尔世界杯常规比赛时间

many small businesses may be better prepared for the bumpy 2016 that many economists are predicting. new data from sageworks show the typical small business with revenue under $5 million a year grew by almost 8 percent in sales and widened profit margins by more than a percentage point to 7.5 percent.

small businesses, on average, experienced an increase in sales growth for the first time in three years and an increase in net profit margin for the fourth straight year.

the financial information company looked back at sales and profitability trends among small businesses in five key client sectors for the past five years – construction, retail, professional services, health care and accommodations and food services – and found that sales growth accelerated in all but professional services and retail. key insights from sageworks’ data:

more highlights: read more →

problem clients are opportunity clients

overstuffed and overflowing files3 steps to making their lives easier.

by 卡塔尔世界杯常规比赛时间

you know who we’re talking about here. they show up in early april with everything you need to prepare their taxes. but it isn’t on a cd. it’s in a soaking-wet shoebox. or they’ve got everything ready on january 2, except it turns out they aren’t sure whether they made their quarterly irs payment last july. or when you ask for their total payroll tax paid, they say, “payroll tax?”

or their numbers just don’t add up. or they desperately need a refund this year, no matter what. or they say they’ll get back to you but don’t. or they keep asking your for legal advice. or they just don’t have time, what with mom and her broken hip, the kid needing to be picked up from ballet class, the dog that needs to go for a walk at 5:30 or else. or they can’t get their capital gains records from their financial advisor…guy named madoff…he just disappeared!

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record pre-season hiring surge: ready for biggest tax season ever?

cpatrendlines jobs report tilt
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new jobs pace sets stage for record-high revenues – or disastrous disappointment.

who’s leading the charge?
join the survey. get the results.

by 卡塔尔世界杯常规比赛时间 research

tax and accounting industry growth is on a tear with no signs of slowing down, according to 卡塔尔世界杯常规比赛时间 sources.

in most segments, people are working less and earning more, with payroll a notable exception.

and new data show the industry gearing up for a huge tax season, with tax prep employment leaping 22.5 percent over the same period last year.

here 卡塔尔世界杯常规比赛时间 reports on:

  • current hiring trends in each of the bookkeeping, tax, payroll and cpa segments of the industry.
  • average hourly wages for key segments.
  • typical hours worked per week.
  • and trends concerning women in the accounting workforce.

read more →

what we learned in 2015: 3 accounting lessons from greece financial crisis

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and what clients need to know for 2016.

by alisa hunt
post university

on august 20, greece avoided – just barely –  defaulting on its debt by making a payment to the european central bank towards the billions it received in aid from several european countries. it’s the latest chapter in the country’s economic downfall, and still, not a major step forward as this payment only repays existing debt and does not aid in rebuilding greece’s broken economy.

it’s going to take years, decades even, to stabilize the country’s financial wellbeing. even then, greece will have shattered any credibility it might have had with european leaders, banks, and the rest of the world.

countless articles have been written on how a lack of accountability, transparency, and general financial literacy within greece’s government caused the situation to continuously decline, and for good reason: what happened to greece can happen on a personal scale.

here are the most important lessons to take away from the fallout in greece.

read more →

19 ways to better networking: be the nerve center

businesswoman working on laptop giving thumbs up sign5 reasons to reorient your networking.

by 卡塔尔世界杯常规比赛时间

last century’s networking model still works and is still worth doing, but you can do better in the 21st century by inverting the old model. rather than going to the chamber of commerce and rotary meetings to promote your services, go with the intention of gathering other people’s services.

as a cpa, you, more than anyone else, are at the center of local business. you know more about a bunch of businesses – your clients – than virtually anyone else. you know what they’re doing. you know what they need. and they most certainly need far more than what your firm offers.

but your firm can offer more. you can offer the services of dozens of indirectly related companies and professionals, among them:
read more →

卡塔尔世界杯常规比赛时间’ jody padar named top voice in money & finance

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‘head of the class.’

by 卡塔尔世界杯常规比赛时间

卡塔尔世界杯常规比赛时间 contributor and author jody padar, cpa, mst, has been named among the top 10 money & finance writers on linkedin’s inaugural top voices list.

“i’m psyched to be on the list,” says padar. “for all those naysayers who say social media/business has no roi, it’s really unbelievable. this accolade was completely selected through metrics based on the viral-ability of my content. wow! this shows how with social business, itty-bitty firms can compete on a global scale without huge marketing budgets. cloud and social have completely showed us size does not matter.”

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survey results: client retention drives today’s pricing strategies

maximizing revenue comes second. profits, third.

by rick telberg
卡塔尔世界杯常规比赛时间 research

the 卡塔尔世界杯常规比赛时间 pricing strategy study
join the survey. get the details.

raising rates is risky. but so is not raising rates. you have to raise them right and at the right time. and not on a willy-nilly whim. you need to think about it. you need a rationale.

in search of reasonable rationales—rationales that work—卡塔尔世界杯常规比赛时间 is asking practitioners for the rationale behind their pricing strategy. and they are being generous in their response. most say that strategies were lacking or could be improved. read more →

survey results: chaos in tax & accounting pricing

z_pricing survey logo with shadow
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consistently inconsistent strategies.

by 卡塔尔世界杯常规比赛时间

if there’s one especially surprising result from the new 卡塔尔世界杯常规比赛时间 price strategies and trends survey, it’s that over a third of responding accountants say they lack a consistent strategy for setting rates.

the survey remains open as we continue to gather more in-depth data. join the survey. get the results

but to put it another way, they have a consistent strategy of adjusting rates as necessary to accommodate the needs of both the cpa firm and any given individual client.

read more →