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the seven leadership essentials for accounting firms

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businesswoman sitting on table while talking with four coworkersmanaging partners must learn when to say when.

by august j. aquila

while everyone learns by doing, we can certainly learn from others, especially those who have faced the same problem we are now facing.

more: gross profit in a professional services firm: opening a dialogue | client centricity leads to profitability | 6 steps to making your new pricing happen | preparing to change pricing philosophy
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do it sooner than later. this is perhaps the most often heard bit of advice that i hear from firm partners. too often we wait too long to address an issue. we know what the solution needs to be, but we are either afraid to decide or are hopeful that the problem will resolve itself. read more →

what to do with an inherited mortgage

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4 specific tips.

by barry j. friedman, cpa
industrynewsletters

the right of inheritance applies to all property, including properties with mortgages attached to them.

more: alternative minimum tax: what’s it like today? | the latest rules on charitable donations | the latest fraud problem: synthetic identities | how to challenge property taxes | real estate, iras & clients | percentage-withholding for clients | bitcoin: what clients need to know | supreme court wayfair ruling sows confusion – and opportunity
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if your client inherits a mortgaged property, a number of questions and concerns may pop up, including whether the mortgage can be assumed. your client may wonder how to record the deed and take title to the property.
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