featured

16 big questions for tax season

by

how's busy season so far? join the survey. get the results.
how’s your busy season measure up? join the survey: get the metrics.

what’s your busy season forecast? join the survey: get the results.

by rick telberg
卡塔尔世界杯常规比赛时间

the government shutdown could not have come at a worse moment for the internal revenue service.

the tax season will bring its annual avalanche of returns. the irs was already working with fewer agents than it had a few years ago, and now it’s even more shorthanded.

the new tax cuts and jobs act tax code is poorly understood by agents who need to be trained and taxpayers and tax preparers who need to be informed. even after the shutdown ends, the backlog will be overwhelming.

the biggest problem may be the uncertainties. we can think of at least 16: read more →

report monthly on tech kpis

by

what are your core initiatives?

by roman h. kepczyk
quantum of paperless

most firms have a line partner or firm administrator overseeing the firm’s information technology department.

more: firm security needs an independent review | survey: digital audit confirmations not the norm | survey: the best way to handle crm | portals, encryption vital to securing client documents | survey: fewer field auditors carry scanners
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

these personnel may have an interest in information technology, but their primary responsibility often lies in other production areas. they need a way to efficiently oversee the firm’s it initiatives and report to management.
read more →

value pricers ignore half the pricing puzzle

by

profits.

by frank stitely
the relentless cpa

the best thing about value pricing is that you can succeed with just one piece of information – the value of your services to clients. you can toss your time sheets or any other cost tracking.

more stitely: beware the leeches and consultants | 2 lessons clients taught me | no consultant can solve your biggest problem | the great marketing hoax | what the value-pricers get wrong | 3 rules for asking great tax-return questions

goprocpa.com

exclusively for pro members. log in here or 2022世界杯足球排名 today.

the income statement for a value-pricing cpa firm consists just of revenue – no expenses. expenses are irrelevant when we have forward-looking metrics such as client and employee satisfaction.

let’s have a little fun with the core tenet of value pricing. you only need know the value of your services to a client. you can ignore the cost of providing the services.

read more →

6 key facts about excise taxes

by

unexpected reasons the government wants more money.

by barry j. friedman, cpa
industrynewsletters

everyone knows about income taxes and sales taxes, but we tend to forget about excise taxes, because they’re not obvious.

more: how clients should gather their papers for taxes | charitable giving under tcja | why padding tax deductions is a risky proposition | portability: sharing the estate tax exemption | tariffs: what clients need to know now
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

excise taxes are paid when purchases are made on specific goods or activities, such as wagering or highway usage by trucks. the producers or merchants pay the tax and typically include the additional tax in the price to the end consumer.
read more →

2019: how partner greed kills firms

by

partners must take a hit to personal incomes to re-invest in their firms. or face obsolescence and slow death.

by rick telberg
the rosenberg national map study 

so far, profitability is way up. at the large firms (those with at least $20-million in annual billings), income per partner averages $635,000. the highest earners are pocketing about $1.2 million. even the lowest-paid partners average of $282,000. but how long can that go on?

more from the map survey: 2019: more focused training | 2019: expect more alliances | 2019 trends: client service changes | 2019: shifts in hiring & office space | 2019: firms grapple with change | staff policies improve, but not mentoring
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the always insightful and provocative allan koltin, of koltin consulting, warns: partners must invest in something besides themselves – if they want their firms to survive.
read more →