survey: a glint of optimism for 2021
accountants expect to out-perform their clients. is that a good thing?
by 卡塔尔世界杯常规比赛时间 research
tax season
accountants say: brace for a dismal 2021
as if 2020 wasn’t bad enough, next year could get worse.
by 卡塔尔世界杯常规比赛时间 research
avoiding projects hung up in process
how to climb out of “done but” hell.
by frank stitely
the relentless cpa
a project hung up in process is one when there is a disagreement as to the status between people involved in a project. for example, a client thinks he has answered your tax return questions, while you believe he has not. another example is when a tax return preparer believes a return is ready for review while the reviewer does not believe it’s ready.
more: when clients create errors | how to reduce tax return errors | why your firm needs to attract more millenials | the fool in the room | the 3 biggest tech failures of accounting firms | wip-ing clients into shape | maximize your role as visionary
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the result of a hung-up project is a dead project – one that’s not moving to completion. if a tax return gets hung up, eventually your client calls you, and you get to waste time determining why the project stopped moving. by now, you know this increases wip and thus decreases turnaround time.
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when clients create errors
one cause? taking us out of our familiar workflow.
by frank stitely
the relentless cpa
who makes the errors in your firm? staff obviously, but that’s half of the answer. clients are a major source of tax return errors. clients cause errors in three ways:
- errors of omission
- errors of commission
- errors in attitude
more: how to reduce tax return errors | teaching the meaning of ‘done’ | why millennials are the answer | calculating and cutting turnaround time | debunking the demise of the cpa firm | how many tax preparers do you need? | how the annual tax meeting died | how to teach reviewing and time management | 4 steps to take before next tax season | 3 tips for handling rookie tax preparers
every tax season, we finalize and deliver returns only to hear from the client, “i think i might have forgotten to tell you that we had a baby last year.” does this happen to you? this is a client error of omission. unintentionally, clients withhold important information.
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19 ways to make reviewers happier
bonus: they improve the firm for everyone else, too.
by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor
question: how much time should a reviewer spend on a return in relation to the preparer time? our reviewers spend .75 hour for each hour of preparer time.
more: before you sell your practice | 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
answer: you are high and most firms i speak with are also high with an average time of about 24 minutes, or .4, hour.
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