how to be at your best through april 15th.
tax season can be a marathon. everyone has their own tips and tricks, habits and techniques for staying sane and healthy. here are 10 from 卡塔尔世界杯常规比赛时间 contributor ed mendlowitz:
mergers, tech and the economy create a volatile mix in forecasting filing season.
by rick telberg
join the survey; get the updates.
washington gridlock, last-minute tax changes and continuing economic uncertainty are undermining tax professionals’ outlook for the 2013 filing season, according to new 卡塔尔世界杯常规比赛时间 survey results.
the new survey results shed light on:
despite political gridlock and economic uncertainty, practitioners are trending increasingly confident about how well their firms will perform this season. most are looking at advances in total revenue, net profit, number of clients, number on extension, revenue per client, and profit per client.
for example: read more →
卡塔尔世界杯常规比赛时间 contributor ed mendlowitz is making available, free of charge, a sample fee schedule for 1040
file under: accountant humor. [jwplayer mediaid=”24535″] now that the election is over, everyone is talking about the impending tax and fiscal cliffs. kyle’s cpa video blog is back with its fifth episode to help everyone get through these uncertain tax … continued
what the election means for busy season: join the survey, get the answers.
by rick telberg
the re-election of president obama may sweep away a few uncertainties in tax and economic policies that have been stymieing business decision-making. but it also sets the stage for a very busy busy-season, complete with last-minute changes in code and forms.
and i’d be surprised if the partisan gridlock in congress suddenly loosens. read more →
we’re accountants, not fortune-tellers.
special to 卡塔尔世界杯常规比赛时间
rothstein kass, the new york cpa firm, is advising clients that “looming ahead are many potential changes” with the possible demise of the bush-era tax cuts. in addition, several other bills are muddying the forecast.
“even the world’s best soothsayer could not predict with accuracy what will happen between now and the end of the 2012 tax year with respect to the tax law,” richard bloom, national leader of trusts and estates, and neil tendler are teling clients in a bulletin.
for example: read more →
irs revokes part of circ. 230 and adds responsibilities to manager of tax function.
by e. lynn nichols, cpa
special to 卡塔尔世界杯常规比赛时间
in a move some of us knew was coming, but really could not talk about until now, the irs is revoking section 10.35 of circular 230 and has issued proposed regulations that strengthen section 10.37. read more →
five key ingredients in the calculation.
by ed mendlowitz
the practice doctor q&a
question: how much can i sell my practice for? and how do you value a tax practice for sale?
more mendlowitz: why selling your practice is not a retirement strategy | congratulations! you bought a tax practice. now what? | how accountants can keep the business when a client wants to sell theirs | 10 reasons clients don’t pay, and what to do about it | 13 reasons timesheets will never die
response: good questions and ones i get all the time. here is a listing of some of the things that need to be considered in the pricing. when you sell your practice, the elements that need to be dealt with are: read more →
how to make money merging in low-priced work.
by ed mendlowitz
question: i bought a tax return practice in december from a person that was charging $180 per hour. my rate is $300 per hour so i did not make money and i would like to know what i could do to raise fees so i don’t continue to lose on it. read more →
firm finds many non-profits lag in adopting irs recommended practices.
tate & tryon, one of the leading firms in washington, d.c.’s, bustling non-profits market, says in a new study that many nfps are failing to fully embrace the good governance practices that the irs is looking for.
the firm extracted data from 400 form 990s to compile the three-year trend study, which is being pushed to prospects and clients as part of the firm’s branding efforts.
but the findings could be relevant to many accounting firms with 990 clients, as well.
managing partner charlie tate, who for 25 years has run the namesake firm of now 10 partners, says the study is more than a marketing tool. it’s an advisory tool with benchmark indicators for nfp boards and executives. “anytime you have a board member who sees something and says something like ‘everybody is doing it this way,’ well, now, you have a way of saying, yes, maybe many boards do it that way, but a lot do it another way,” tate says.
tate says the firm chose those “metrics that tended to be topics that were most frequently discussed during client board meetings that we attended.”
for example:
the firm reports it’s findings:
companies see new savings in better tax planning.
corporate tax executives have increasingly broadened their role beyond just compliance, to taking a more proactive role in managing risk and contributing to decisions that influence strategy, according to a new study.
for first time in six years, clear majority enjoy a “better” season.
fun, funny and sometimes just pitiful…