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covid tests accountants’ entrepreneurial talents

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young black woman sitting in front of laptop looking thoughtfulthree questions to re-set your mindset.

by ed mendlowitz
tax season opportunity guide

accountants and tax practitioners are entrepreneurs. maybe now, more than ever.

more: have you gotten where you wanted yet? | 3 questions for determining your value | 41 items to check on business tax returns | keep these tax clients while you have the chance | what makes a good tax season client?
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this means their practice needs to be run as a business with sound business decisions being made.

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3 steps to better client communication in a crisis

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help yourself while you’re helping them.

by jody grunden

clients desire transparency. being transparent with clients and having open, honest communication with them helps build really strong, healthy working relationships. it’s never been so important for us to have open communication channels with our clients at all times no matter what form of communication is being utilized.

more: the right way to onboard new clients | how to audit 401(k)s | 3 measures of the effectiveness of your team | how to profit with workflow apps | cyber security at a virtual cpa firm | top tech choices for the virtual firm | keeping the right people on the bus
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in some organizations, people hide behind their computers if they feel too busy or if they don’t want to face the client because they aren’t able to meet a deadline. we, on the other hand, make it a priority to be available to our clients at all times.
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how to select your firm’s board

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overhead shot of eight businesspeople meeting around a table5 questions that go beyond the eeny meeny miny moe.

by steven e. sacks

the old saying that a camel was a horse created by committee has an element of truth to it. if you think that everyone on a board or executive committee shares the same opinions, philosophies and vision, then think again.

more: confronting leadership: not such a bad thing | new opportunities for a ‘new normal’ | working remotely shouldn’t mean feeling isolated | 4 ways to boost job satisfaction
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the eeny meeny miny moe may be a little tongue-in-cheek, but the question is how deliberate a cpa firm should be in choosing its board or executive committee members.
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tax season funnies: making sense of tax forms

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first, a couple of covid-19 jokes courtesy of a client. (too soon?)

as collected by robert e. mckenzie

i need to practice social distancing from the refrigerator.

homeschooling is going well. two students suspended for fighting and one teacher fired for drinking on the job.

more: tax season funnies: the poetic versions | a rabbi’s advice | the next political party symbol | gabriel and saint peter confer | a tax lawyer at the pearly gates | gargoyles in the irs? | the ‘service’ in irs
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the more you earn, the less you keep,

and now i lay me down to sleep.

i pray the lord my soul to take,

if the tax collector hasn’t got it before i wake.

~ ogden nash read more →