learn more by letting go

woman touching tablet and words "never stop learning"what you think you know might be holding you back.

by bill reeb

“let go of what you think you know” is something my mentor john’s martial arts students say and read every time we enter the school to train; it is a fundamental idea to embrace if you want to expand your ability to learn and grow. this phrase is a reminder to ensure that your existing knowledge and skill do not negatively impact your willingness to gain new knowledge and skill!

more: don’t let others block your path | how overachievers can get ‘unstuck’
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it’s funny how we think, sometimes. for example, it is not uncommon that we position ourselves on either end of a spectrum (i know something or i don’t; i have a skill or i don’t). when people think they already know something, it is hard to even get their attention to consider new ideas unless they believe someone else knows more than they do.
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advising cheapskates

what will their legacy be?

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

accountants get unusual views of human frailty and baseness of character. most of our interactions are stimulating and propel us to growth, but some expose others’ weaknesses and extremely poor personal judgment.

more: my top 10 personal game changers | my top 10(ish) regrets | my ‘brand’ is the exciting history of accounting | social security is an asset class | how to waste lunch hour | what’s your negotiating style? | large clients we landed from quickbooks consulting
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three situations stand out. in one, the husband provided his wife with a stingy allowance to run the household and for her personal spending.
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covid-19: how your firm can respond

creating the “new normal.”

by marc rosenberg
the rosenberg practice management library

for the first time in most of our lives, an international health crisis has the makings of a science-fiction scenario becoming reality. the situation puts us in uncharted territory and experts tell us will get continue to worse before it gets better. the optimist in me says this too shall pass, but i also feel that the world will learn from this crisis in ways that will last forever once this is over.

more: reward partners for performing like partners | merging in sellers: what you need to know | take yoda’s advice on strategic planning | 15 amazing organizational tactics to manage a cpa firm | 6 ways to retain nextgen staff | how to develop a truly progressive nextgen culture
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a cultural shift that will permanently change our lives

retired lieutenant general russel honore was interviewed on television recently. he was the joint task force commander for hurricane katrina. when asked if we’re doing all that we need to do, he responded: “we need to optimize virtual work. there will be a cultural shift in america that will permanently change our lives. we will finally see that we don’t have to drive crosstown to sit in front of a computer.”
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new opportunities for the ‘new normal’

extracting a positive from a negative.

by steven e. sacks
the new fundamentals: practical guidance for today’s accounting firms

there are two quotes that are apropos for the coronavirus pandemic. the first was coined by president kennedy. he said, “the time to repair the roof is when the sun is shining.”

more: there is no leadership without integrity | real influence vs. immediate gratification | fake it til you make it: an ultimate goal? | 4 ways to boost job satisfaction | have you gauged your staff’s enthusiasm? | why knowledge maintenance is key | retention starts with the hiring interview
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it was meant to think ahead to potential unforeseen crises and consider the precautionary measures to implement; to either avoid, or at least, mitigate a major problem before it happens. for the coronavirus pandemic, the ship has already sailed on this philosophy because the government defunded the efforts to deal with a major health crisis (among other missteps).
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2020 tax season comes to a screeching halt

^ week ending april 10, 2020

irs web traffic surges 22%.

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by beth bellor

if you’re looking for bright spots as the united states deals with the global pandemic, avert your eyes from the irs.

more: the tax season 2020 dumpster fire | tax pros fall behind 6.2% in returns filed | tax pros trail by 908,000 returns
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although average refunds and website visits are up, everything else is down – in the case of e-filings by tax professionals, down 20.1 percent. yeowch.
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