the tax season from hell enters its final stages.
by beth bellor
how are accountants handling this crazy tax season?
bonus question: the new rules for small busines post-pandemic?
join the survey. get the facts.
four ways to proceed.
by ed mendlowitz
call me before you do anything: the art of accounting
many family-run businesses have parents and children who perform excellently together, and i have worked with many proud companies. however, occasionally there is a stumbling block, in that a parent and child just cannot get it together. what to do?
more: how bickering can ruin a family business | ceos don’t always know numbers | finding new business in sustainability | 14 simple, easy tips for a better tax season | how to recoup staff training costs | 10 ways to stay in control
exclusively for pro members. log in here or 2022世界杯足球排名 today.
in many small businesses an underperforming employee hurts, and oft times there is a reluctance to get rid of them. they linger on, holding back the company. it is inevitable that they will be gone at some point, but that point seems to be delayed past when it should have been dealt with. biting the bullet is necessary, and when the owners realize they are better off in the long run, they take the necessary step.
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do they have these attributes?
by anthony zecca
leading from the edge
as the leader of the firm, as important as it is to complete a comprehensive assessment of your leadership team, it is equally if not more critical to assess your own leadership. what are the key leadership attributes that reflect great edge leadership?
more on edge leadership: assessing your firm | the 4 traits of great cpa leaders | why leaders must ensure clarity | incremental vs. exceptional success | do you lead or just manage? | managing vs. leading | is your leadership team at the edge? | 6 leadership challenges through covid and beyond | edge leaders share 7 strengths | leadership must drive culture | leading from the edge
exclusively for pro members. log in here or 2022世界杯足球排名 today.
how can you get a meaningful and comprehensive assessment of how well you are doing as the leader of the firm? the trap to avoid is to just listen to yourself and your own self-assessment. to really understand how well you are performing, you need multiple checkpoints.
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our exclusive expert council reveals the secret to making partner.
by martin bissett
passport to partnership
how to manage your most important metrics.
by ira s. rosenbloom
given the significant responsibilities that accountants in public practice carry, it is only right that they should be rewarded with strong earnings and maximum profitability.
more: seven smart ways to make this your best tax season ever | eight steps for re-engineering the role of managing partner | new rules: covid shifts m&a landscape | assessing your firm | spend your time on the most profitable tasks | seven performance boosters for your firm | gary cokins: the truth about activity-based costing | how to decide on your firm’s cas pricing | what really makes cpa firms profitable? |
optimize your profit potential with these 10 steps.
you have the knowledge. it’s time to apply it.
by anthony glomski and russ alan prince
your $5-million high-net-worth practice
the world has changed in ways we can see and some that we do not yet understand. some of these changes have been in process before the covid-19 crisis, such as greater competition, the use of artificial intelligence, and the immense increase in private wealth.
repeats: don’t ignore life insurance | adultery and other messy situations | how to attract the super-rich
other changes, such as the way people are and will likely continue to interact, are a function of the crisis. for example, video calls and conferences are going to become a bigger part of the way professionals interact with clients and each other.
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new algorithm could penalize older, slower sites.
by sandi leyva, cpa
i don’t know about you, but i would prefer to go through tax season without any interruptions, especially about marketing. but google doesn’t see it that way, and we have a significant search algorithm update hitting us in may 2021. if firms aren’t ready, they could see their search rankings, and correspondingly, prospects and future clients from website traffic, go way down.
more on small-firm growth strategies: seven tips to keep the clients you have | 12 ways to stress less this busy season | six ways to make your own history during women’s history month | ppp client fraud: how much risk is too much? | 3 ways to opt out of any downturn | how to lead in a crisis
exclusively for pro members. log in here or 2022世界杯足球排名 today.
while google updates its search ranking algorithm on a daily basis, it generally announces big changes ahead of time. google’s may 2021 update will focus on “page experience,” which includes three metrics called core vitals as well as four additional page experience signals.
no one knows the exact algorithm that google uses to rank web pages in search results. experts say there are over 200 ranking factors to consider. the latest update is all about providing a better mobile experience for the user.
here’s what all that means in detail. read more →
you have two audiences: existing clients and prospects.
by hitendra patil
client accounting services: the definitive success guide
how will you market client accounting services? you will use fundamental steps to generate words and content to express the value of your cas offering.
more: survey: how to market your cas offering | how to decide on your firm’s cas pricing | how to write your cas engagement letter | 12 signs it’s time to outsource | will 2021 be your cash-flow year?
you will focus on each component of your cas offering to do so, e.g., different content to talk about bill payment services, different for advisory and outsourced cfo services, and so on. you will also use the contrast principle to differentiate between your “usual” services and cas offering. marketing cas to your existing clients will be different than marketing cas to your prospects.
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ceo mcfarlane: “navigate the new rules that are defining global commerce as we know it.”
avalara, a leading provider of tax compliance automation for businesses of all sizes, today announced details of its keynotes and featured speakers for avalara crush virtual, its fifth annual tax conference, and industry gathering.
“this year, avalara crush is designed to help attendees navigate the new rules that are defining global commerce as we know it,” said scott mcfarlane, co-founder, and ceo of avalara. “we’ve assembled thought leaders and experts on the forefront of tax compliance to share their insights, views, and strategies for success. i’m confident that attendees will walk away with the knowledge and insights needed to tackle tax compliance and help ensure tax never stands in the way of opportunity.”
how to make the best choices.
by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor
question: i received a call from an accountant with some questions about a foreign-owned client of his. he had the client for 15 years and seems he did not file a ton of required disclosure forms.
more: are you marketing for 2022 yet? | don’t fire that staffer on may 18! | employee demands a raise she doesn’t deserve | how are you spending the next five years? | how to get the most from cpe | does your staff know all the services you provide? | price your practice by gross | advising estate executors: the newbie guide to getting started | how’s your overhead? | envision your future, then plan for it
in the course of our discussion it turns out he never took a cpe program or even read an article on the topic. the question here is why didn’t he?
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partners should be allowed to work past mandatory retirement age only if they continue adding value to the firm. also: six agreement provisions that often are outdated.
by marc rosenberg
the role of the managing partner
when the managing partner’s job is discussed, their role in the firm’s partner agreement is rarely mentioned. perhaps in the overall scheme of things, it’s not as important as revenue growth, profitability and staff development, among many others. but it’s still critically important.
more: how long should it take to make partner? | how a good managing partner impacts profitability | how a great managing partner impacts firm growth | compensation is no way to manage partners | clarify partner expectations | exceptional managing partners offer their advice
if there is one person in the firm responsible for safeguarding the firm’s assets – its clients, people, proprietary data and practices, reputation and value – it’s the managing partner. and the most important way he or she does that is by enforcing a solid partner agreement.
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phishing, spam, malware come next.
by randy johnston and brian tankersley
the accounting firm operations and technology survey
advise without getting in the middle.
by ed mendlowitz
call me before you do anything: the art of accounting
i have had many clients where children work in their parents’ business and have seen a lot of private interactions that shouldn’t have ever occurred, but did.
more: ceos don’t always know numbers | wealth is a state of mind | the six types of “impossible” clients | you’re not just taxes | granting unconventional request pays off
you might think the time i saw a father and son punching and wrestling with each other would be the worst, but it wasn’t. the worst are the psychological games parents and children play with each other, many times without the arguing or evident disagreements.
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