is it an opportunity for tax professionals or a “scam on the public?”
in irs emerges as major tax season competitor, rick telberg’s suggestion that the irs is stealing business from tax professionals by offering clients free software apps is setting off a flood of comments. join the pro member conversation. read more →
plus five more clauses you might want to consider.
by ed mendlowitz
101 questions and answers
question: you state on the bottom of your invoice that you charge 1.5% for balances over 60 days. do you actually implement that or is it just warning? do you do it on all clients or just some? do clients pay that or complain? if they send in payment without that, do you write off the finance charge or leave it open? read more →
so why should you think you’re a marketing expert, too? by bruce w. marcus someone once said that if you’re smart enough to be an accountant, you’re smart enough to do your own marketing. sure. and you’re probably smart enough … continued
five essential skills every successful practice owner needs.
by sandi smith leyva
accountant’s accelerator
there are courses and conferences to help you build the technical skills you need to succeed in accounting. but if you think about it, there is no cpe to help you with the emotional side of your business, and there are plenty of times on a daily basis that the emotional side of business comes into play: read more →
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irs marketing to 100 million taxpayers for free filing.
by rick telberg
卡塔尔世界杯常规比赛时间
if you’re wondering where some of your tax business went this year, maybe the irs took it.
professional tax preparers are missing about 769,000 returns, compared to last year – business that appears to have gone to former or would-be clients now using do-it-yourself software. at typical rates, that’s about $153 million in lost fee income to the industry, enough to support thousands of practitioners, according to 卡塔尔世界杯常规比赛时间 estimates.
especially in these trying times, partners must show leadership by accepting the consequences of their actions — or their inaction.
accountability is the essence of your success, according to management consultant august aquila, ceo of aquila global advisors.
aquila is co-creator of the firm growth and succession program, creating the effective partnership, which includes the research-based guides how to engage partners in the firm’s future, and leadership at its strongest.
“i don’t think that the average partner takes accountability seriously,” aquila says. “if they did, they would take their individual goals more seriously and not let their fellow partners down.” read more →
the u.s. tax, accounting and bookkeeping industries are turning out to be one of the brightest spots in the nation’s economy, adding jobs faster than all but a handful of sectors, according to 卡塔尔世界杯常规比赛时间 sources.
here 卡塔尔世界杯常规比赛时间 reports on:
it’s not about keeping up appearances, but keeping up with clients.
by ed mendlowitz
101 questions and answers
question: what do you think the impact is on a small cpa firm regarding:
while payrolls lag.
the nation’s top 100 tax and accounting firms advanced total revenues by 7.8% in 2013, totaling $53.9 million, while expanding payrolls only 5.5%, according to the industry-leading accounting today study.
the gap between revenue growth and headcounts suggests that firms are banking profits as never before even as organic expansion lags.
in other highlights from the study: read more →
seven simple skills every professional can develop. six powerful reasons practice groups, not lone rangers, win the long game. by bruce w. marcus building a culture of growth and aspiration (pardon the word “marketing”) is a process that requires four … continued
how to change your thinking to prevail over the most difficult circumstances.
perseverance is a skill that anyone can learn to not only survive, but thrive through life’s curves. when adversity strikes, it’s not what happens to you but how you respond to what happens to you that has the greatest impact on your life.
here are four specific ways you can change your thinking to persevere in the toughest of circumstances, from sandi smith leyva, cpa, creator of the accountant’s accelerator small-firm growth program. read more →
accountants scramble as competition surges for bread-and-butter tax work.
join the survey; get the results.
by rick telberg
卡塔尔世界杯常规比赛时间
pricing and fee pressures are surging as the hot-button issues this tax season, according to the 卡塔尔世界杯常规比赛时间 busy season barometer.
to be sure, late or unprepared clients remain the single biggest issue, with 48% of more than 500 practitioners surveyed in february citing it, followed by tardy 1099s and k1s at 35%. those metrics are little changed from last february.
but this year, 31% of practitioners are complaining about pricing and fee pressures, which is triple the year-ago 10% figure.
related research
is the tax prep business topping out? the number of filings by tax professionals appears to have slowed or even reversed.
tax season metrics shift for the better: key indicators point to a better 2014 than 2013.
practitioners plot fee-pressure countermeasures: competitors vie for clients on price and promises.