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are you your biggest obstacle?

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young man facing image of himselfself-reflection is useful. self-criticism, less so.

by bill reeb

a couple of years ago, when i was consulting onsite with the executive team, one of the managers pulled me aside and asked me for some personal advice. she said, “i am thinking about asking to go part time because the stress of this job is really getting to me. what do you think they will say?”

more: why we risk change | work ‘better,’ not ‘harder’ | what a pro knows | don’t let opportunities become detours | covid crisis requires new mindsets | what are you giving priority? | don’t let others block your path
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i told her that i thought they would be willing to do whatever she wanted. but then i added, “what are the owners or your direct boss doing to create this stress?” here was the conversation that followed:
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down by 400,000 returns – the end of tax prep?

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red alert: tax professional e-filings drop by 0.5% year-to-year, first year-to-year decline ever.

final irs stats for busy season 2020 shows professionals filed 0.5% fewer returns than last year and lost market share to diy’ers.

busy season barometer:
how accountants are battling the coronavirus recession
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by beth bellor
卡塔尔世界杯常规比赛时间 research

in what may be an alarming turning point for the profession, tax practitioners finished an already chaotic and bruising tax season 2020 after preparing a total of 73.8 million e-filed returns – a decline of 400,00, or 0.5 percent, from tax season 2019 – the first such reversal on record. ever.

jon baron

more on tax season 2020: say hello to the new 24-month busy season | when covid ‘got real’ | tax pros hold efiling market share as tax seasons winds down | the top six irs #fails this tax season (so far) | how covid has pulverized irs operations | the mystery of 10 million missing tax returns | covid cuts accounting profits | why busy season may never be the same again | covid tests accountants’ entrepreneurial talents | pro tax prep stalls to a crawl amid covid-extended season | clients, revenues, profits – trending down, down, down |

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“if you are in public accounting and relying on personal return revenue, the results this year are troubling as it is the first time that professionally prepared returns actually fell from the prior year,” says jon baron, the longtime ceo of thomson reuters tax & accounting, and now a venture capitalist with more than a couple startups in stealth mode.

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effective communications in the age of covid

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misunderstandings and shortcuts in the workplace can create a hostile and stressful environment.

by steven e. sacks
the new fundamentals

with more people using mobile devices for communication shortcuts, are we facing troublesome challenges in speaking in a recognizable language in the u.s.?

more: why proper communication is critical | syncing up for the covid era | the new covid-19 workplace: are you prepared? | how to create effective internal communications | profit is not a mission | confronting leadership: not such a bad thing | new opportunities for a ‘new normal’ | is trust elusive?
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while it may be convenient for some, for others it leaves them scratching their heads. i am not seeking to be a public scold. however, if you want your communication to be effective, then understand your audience, situation, and topic.

this is especially relevant with teams working virtually, and at a distance, in the age of covid.
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why so many m&as fall short

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three office workers glaring at cameraplus: the 3 prongs of culture and why they matter.

by domenick j. esposito
8 steps to great

principally because of the “post covid-19 blues” and anticipated difficulty in growing organically at an acceptable rate and because of the ever-increasing number of baby boomer retirements, there is a sense that small and mid-sized firms will continue to merge at a healthy pace.

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to illustrate, in just the past few weeks, we learned that anders cpas + advisors picked up cummings, ristau & associates (both of st. louis), adams, brown, beran & ball chtd (great bend, kansas) added jonesboro, arkansas office of egp pllc and hancock askew & co. (georgia and flordia) acquired capa (miami). these are noteworthy transactions and we believe that there are more to come.
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