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busy season management

tax professionals lag last year in early filing

in its first sounding on tax season 2013, the irs says filings are coming in faster this year. and that may be true enough. as of feb. 7, the irs received 27.3 million returns, up 2.5 percent compared to the same time last year. electronically filed returns account for almost 96 percent of those filed so far this year.

but filing by professionals is actually running behind last year, by about 5.6%, and without the crushing effects of last year’s government shutdown. read more →

pro member exclusive

survey results: the billion-dollar business hidden in accounting

screen shot 2014-02-17 at 8.10.54 pmone-third of u.s. accountants work at home, on their own, moonlighting. here are their biggest issues and best tips… 

get more when you join the survey, get the results.

by rick telberg
卡塔尔世界杯常规比赛时间

if you’re reading this at home, or on your own time, you’re not alone. today more than one-third of accountants are already moonlighting in “side” practices or home offices – especially during busy season, according to a 卡塔尔世界杯常规比赛时间 survey of almost 800 accountants.

read more →

busy season management

your best busy season survival tips

 

by rick telberg
卡塔尔世界杯常规比赛时间

accountants joining the annual 卡塔尔世界杯常规比赛时间 busy season barometer poll are recommending regular rest and recreation among their leading survival strategies.

some know how to balance things just right, like vic butcher who says to “exercise every morning and go out for pizza and drinks every thursday night.” we can’t object to pizza and drinks, although alan gray would have us “eat and drink less.” read more →

outlook & analysis

brian austin on new national sales tax law

brian austin, avalara director of accountant & industry relations, warns accountants about burgeoning support in congress for the marketplace fairness act, which would enable state governments to collect sales taxes and use taxes from remote retailers with no physical presence in their state.

clients of all sizes, especially small business, will be coming to their trusted advisers for knowledge and information and hands-on help in dealing with these new taxes, austin says.

“accountants should be on the front lines in getting information out to their clients about the act,” he says.

outlook & analysis

getting new clients and leveraging technology top list of accountants’ plans

top 5

survey shows new sense of confidence – and urgency.

get more updates: join the survey; get the results.

by rick telberg
卡塔尔世界杯常规比赛时间

tax and accounting professionals are hoping to make 2014 the year of working smarter, instead of harder, according to a new 卡塔尔世界杯常规比赛时间 survey.

in general, the goals and objectives as described by more than 200 accountants suggest a new surge of confidence in their business and in their clients’ businesses, and a new sense of urgency in upgrading their practices or moving on.

the survey is part of a 卡塔尔世界杯常规比赛时间 project, now in its eighth year, tracking the shifts in strategy and objectives in the profession. it measures sentiment on 21 or more strategies and tactics, and goals and ambitions across firms of all sizes nationwide. read more →

outlook & analysis

2014 roundtable: re-recruiting top talent without regard to ‘parity’

2014 top trends logo vf
click for the full rosenberg map survey

what to do when your best rainmakers are at the front of the retirement line.

see the complete 2014 roundtable

by sam allred
upstream academy

analysis

leaders of firms are optimistic as they begin to see the firm dials move in positive directions.

allred
allred

in most markets, there are positive signs that the recession is beginning to lift: clients making more money, clients asking for more projects/services and a pipeline fuller than this time last year.

on the people side, the exodus has once again started. most firms have reported they have lost key partner-track people to industry jobs in the past six months. bd is a top-drawer issue with all firms.

the stark realization that the firm’s best rainmakers are at the front of the retirement line has caused firms to get very serious about developing future rainmakers. more and more firms are taking a team approach to landing significant new clients and engagements. many firms are getting better with the partner goal process and they are excited about the results that come from doing it right. read more →

busy season management

tax return reviews: the key to a smooth tax season

em htrtr cvr cliptop leadership must set the tone for solid review work.

by ed mendlowitz
how to review tax returns

tax season is a microcosm of everything done in an accounting practice. one of the primary concerns of a business is having the proper processes and quality control procedures. many firms, however, do not have uniform tax return review procedures, and even when they do, they are not always adhered to. choosing how to properly use the reviewers’ time and interface them with the staff can contribute immensely to a smooth tax season. read more →

outlook & analysis

managing partners reveal 11 strategies for getting their firms to the top

survey of 150 chief executives also shows 10 ways they stay there.

by robert j.  lees and 
august j. aquila
creating the effective partnership

this article builds on two extensive bodies of research. the first, to which we refer briefly, is on what differentiates those managing partners who make a substantive difference to their firm’s performance from their peers. to add to our anecdotal understanding of this difference together with our years of desk research, we asked 150 practicing and managing partners from the u.s. and europe what they believed truly successful managing partners did to make a real difference. the result of this study is an in-depth understanding of the leadership attitudes and behaviors of successful managing partners. read more →

outlook & analysis

2014 roundtable: re-thinking the staffing model

2014 top trends logo vf
click for the full rosenberg map survey

as one generation ages out, a new one reshapes the future of the profession.

see the complete 2014 roundtable

by tim michel
michel consulting group

analysis

firm growth has improved overall from the last several years and firms are increasing profitability again. but firms are dealing with several major issues, some brought about from the recession, and some brought about from their internal circumstances.

tim michel
michel

the recession caused many firms to cut back on staffing and hiring. their partners and managers recorded more charge hours as they felt they needed to be more productive and often did not have the staff to delegate to.

in the last year, many firms are flnding they do not have the staffing model they need to continue to grow. it seems every firm is looking for that three- to five-year person, especially in the tax area. read more →