my top 10 personal game changers

what does your list look like?

by ed mendlowitz
call me before you do anything: the art of accounting

a number of single actions or happenings helped spur great success for me. there have been many, but here are some of the top ones that come to mind.

more: my top 10(ish) regrets | getting bonuses from clients | be an accountant, not a salesperson for other things | when clients don’t know | why you’re only as good as your staff | why tax time is the best time to get new business | becoming a ‘media star’ | don’t pass up opportunities exclusively for pro members. log in here or 2022世界杯足球排名 today.

the order is not significant – it is just how i wrote them.
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9 overlooked tax season resources

happy family of four outdoors in winter clothing on snowdon’t take them for granted.

by ed mendlowitz
tax season opportunity guide

we have many resources and need to recognize that. and we need to treat each with its own importance. even if you did everything yourself, you’d still need to rely on your tax software company, fedex and the postal service, stationery supplier, computer consultant, the internet and email, cell phone provider and copier/scanner machine. and that’s just a few of the resources we rely on. managing your resources well creates an aura of security and consistency to your practice.

more: more services for your tax clients | keep these tax clients while you have the chance | what makes a good tax season client? | 5 tax review keys | 5 steps for tax season success | 12 ways to have more fun this tax season
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

but there more. and they are often overlooked. or taken for granted. here are some more resources that need to be managed:
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my top 10(ish) regrets

what would you change?

by ed mendlowitz
call me before you do anything: the art of accounting

i’ve written about the 10 reasons for my success. i received quite a few calls about that and i came up with some regrets, so i’m sharing them here.

more: getting bonuses from clients | yes, christopher columbus had an accountant | 10 reasons for my success | when the kids don’t want to take over | staff may surprise you with leadership
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

1. not taking off fridays: i could have taken off either every friday or monday and extended the weekend.
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more services for your tax clients

woman and man shaking hands across a desk40 options, plus a checklist for making matches.

by ed mendlowitz
tax season opportunity guide

the following listing can give you ideas of additional services clients might need.

more: keep these tax clients while you have the chance | what’s not to like about tax season? | do your clients feel important? | 4 reasons to push ahead with tax question research | help tax clients help you
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

this list is not complete, but it is a good start for you to start thinking about what types of additional services you can offer to your clients!
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getting bonuses from clients

man putting dollars into suit pocketalso: value pricing vs. value billing.

by ed mendlowitz
call me before you do anything: the art of accounting

i’ve written about being independent and not selling financial services or products to clients. quite a few people called me to ask about “value billing” and how that fits in. here are some comments.

more: yes, christopher columbus had an accountant | my ‘brand’ is the exciting history of accounting | social security is an asset class | how to waste lunch hour | what’s your negotiating style? | how to make your own opportunities | how i became a published author
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

to start, value pricing is a pretty straightforward issue for those who truly value price and a misunderstood issue for most who do not. i cannot treat it completely in a short article and refer my readers to ron baker’s book, “implementing value pricing.” however, today i will address the focus of my caller’s questions about value “bonuses” from clients.
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keep these tax clients while you have the chance

portrait of an angry man yelling on the phone21 reasons they switch firms.

by ed mendlowitz
tax season opportunity guide

clients have many choices, including the choice of a tax preparer. every new client an accountant gets is because that client left – fired – their previous accountant.

more: what’s not to like about tax season? | can your reviewers answer these 10 questions? | 5 small leaks that can sink a tax season | one can’t-skip touch for tax season | 3 steps to tax season happiness
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

so why do clients leave? here are 21 good reasons why they should: read more →

yes, christopher columbus had an accountant

john vanderlyn’s painting, “landing of columbus” in the capitol rotunda, depicts columbus’s accountant, roderigo sanchez, as fourth man standing on left
john vanderlyn’s painting, “landing of columbus” in the capitol rotunda, depicts columbus’s accountant, roderigo sanchez, as fourth man standing on left

valuable contacts can become friends.

by ed mendlowitz

one of my hobbies is my interest in accounting history.

delving through history is very interesting but usually a solitary pursuit. however, when you meet likeminded people, the discussions can become very animated. it can also cause you to meet extraordinarily interesting, bright and nice people, and i have.

learn more: call me before you do anything: the art of accounting

i wrote the lead article in the journal of accountancy’s 125th anniversary issue, and two of the editors were dale flesher and gary previts. we “met” over the phone discussing the article. a few months afterward the aicpa had its 125th anniversary council meeting and dale and gary called and suggested i come to washington, d.c., to meet them and perhaps visit the capitol and have our photos taken in front of the painting by john vanderlyn showing the landing of columbus, including roderigo sanchez, the accountant hired by queen isabella to accompany columbus.

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my ‘brand’ is the exciting history of accounting

smiling businesswoman talking on camerawhat feels right to you?

by ed mendlowitz
call me before you do anything: the art of accounting

in 1998 i read that andersen consulting would be spending $100 million to brand their company. this seemed unusual for a few reasons.

more: be an accountant, not a salesperson for other things | 10 reasons for my success | when the kids don’t want to take over | staff may surprise you with leadership | problem clients | when pushing the pencil pays off | when to say no to pro bono work
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

1. they were in heated litigation with arthur andersen to leave the accounting firm and set up an independent company.
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10 things not to say during tax season

older man with finger on lips and other hand out in "shush" gestureeliminate excuses.

by ed mendlowitz
tax season opportunity guide

tax season is a busy time and preparers sometimes neglect to get something outside of tax prep done. needless to say, clients don’t want to hear it. and your firm may miss some valuable opportunities.

more: what’s not to like about tax season? | can your reviewers answer these 10 questions? | 5 small leaks that can sink a tax season | one can’t-skip touch for tax season
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

here are a bunch of phony reasons why some things don’t get done…
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top 12 tax return errors

error stampeddon’t ignore last year’s return.

by ed mendlowitz
how to review tax returns: the field-tested update

following is a checklist with a listing of the most frequent tax preparation errors. use this as a guide of what the reviewers should look for.

more: why ‘tick and tie’ needs to die | use tax return prep for training and growth
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

  1. number transposition and spelling errors. this includes income and deduction amounts and client social security numbers, addresses and zip codes. spelling errors should also be avoided – they indicate a lack of attention to what you are doing.

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what’s not to like about tax season?

businesswoman holding green folderif you’re not happy, target why.

the 卡塔尔世界杯常规比赛时间 busy season barometer
benchmarks, trends & analysis

join the survey. get the results.

by ed mendlowitz
tax season opportunity guide

successful people are happy with their practices and what they do and get joy from interacting and helping clients.  i know a lot of accountants who continuously complain about tax season – yet they make most of their money during the period.

more: can your reviewers answer these 10 questions? | what makes a good tax season client? | 5 tax review keys | 5 steps for tax season success | 12 ways to have more fun this tax season
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

do they expect someone to knock on their door with a wheelbarrow of money to hand them? if they are financially secure, why do they keep working? if they are not, then, duh! either do it or find something else, but stop complaining. better yet, look at all the benefits from what you do (if you need me to tell you the benefits then find something else to do).
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why ‘tick and tie’ needs to die

businessman shaking hands with grim reapera rundown of seven types of tax return reviews.

the 卡塔尔世界杯常规比赛时间 busy season barometer
benchmarks, trends & analysis

join the survey. get the results.

by ed mendlowitz
how to review tax returns: the field-tested update

there are numerous ways to review tax returns. most reviewers have their own techniques, and some alter these based on

  • the type of or size of the return, or
  • who the preparer is or
  • who the partner in charge of that client is.

more: use tax return prep for training and growth
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

there is nothing wrong with this as long as the reviewer is experienced and really knows their stuff.
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be an accountant, not a salesperson for other things

extreme close up of female hand with pen pointing on cash flow document.“a piece of the action” didn’t pan out.

by ed mendlowitz
call me before you do anything: the art of accounting

there are accountants who only do accounting and accountants who also do other things such as selling financial products and doing deals with the client. there is nothing wrong with this, but with some very minor exceptions, i never did the other things.

more: 10 reasons for my success | social security is an asset class | how to waste lunch hour | what’s your negotiating style? | how to make your own opportunities | how i became a published author | large clients we landed from quickbooks consulting
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

accountants have many openings and opportunities to

  • sell life insurance, annuities, mutual funds and tax shelters;
  • broker mortgages;
  • find buyers for a client’s business;
  • manage investments;
  • introduce investors;
  • perform executive searches and
  • even invest along with clients.

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