today's features

generational differences can’t be ignored

don’t stereotype, but don’t pretend all ages are the same, either.

by marc rosenberg
cpa firm staff: managing your #1 asset

“each generation imagines itself more intelligent than the one before it and wiser than the one that comes after it.” – george orwell

the following was written by scott steadman, who heads up jacksonville, fl-based steadman valuations and forensic accounting llc. read with caution: statements about the traits of an entire generation are, of course, generalizations that do not necessarily apply to every individual in the grouping.

more: surveying your staff: why and how | better communication = better retention | a better way to provide performance feedback | staff crave advancement and challenge | give the recognition your staff needs | make work flexibility work for everyone | what relevance means for staffing in accounting
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baby boomers (born 1946-1964)

early on, a strong economy and stable lifestyle made baby boomers generally optimistic about their future and the future of the united states. once known as idealistic dreamers, boomers were forced to focus on their economic future and real-world concerns over money and stability. in the movie “wall street,” when gordon gekko said “greed is good,” he was speaking to (and for) baby boomers.
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art werner: busy season predictions | quick tax tip

learn why the upcoming busy seasons could be among the most demanding in recent memory.

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quick tax tip
with art werner
cpe today

according to seasoned tax educator art werner, the next busy season may be the last of what he calls a “lull period.” preparers are currently working under existing laws, dealing with the tax returns for the 2024 calendar year. however, significant changes are expected on the horizon.

click here for more art werner

“the fact is, busy season in 2025—and especially 2026—will require a lot of knowledge of new laws,” werner explains. he anticipates that navigating these updates will pose a steeper learning curve for tax preparers, resulting in more complicated filing seasons.

one of the primary drivers of this complexity will be legislative changes. with uncertainty around tax reform and the evolving tax landscape, 2025 could see the introduction of new regulations that tax professionals will need to quickly master.

“when you get to busy season, you’re in this historic mode,” werner said. “you’re preparing tax returns based on the old law. but by 2026, you’ll need to know all the nuances of the new law.”

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bissett bullet: what is holding you back?

today’s bissett bullet: “what are the biggest fee growth challenges firms are facing?

by martin bissett

firms may experience fee pressure because of increased competition for new work. they may be perceived as too expensive or even too cheap. those firms that have been reliant on long-term clients at some point will find themselves with an ageing client base.

when you’re apathetic about winning new business proactively, that ageing client base ultimately results in unmitigated fee loss.

in other cases, there is the potential complacency among older or less ambitious partners for new fees and the responsibility for fee growth weighs heavy on the shoulders of a small number of younger partners.

those who are able to identify and overcome their fee growth challenges are the most likely to win new clients.

today’s to-do:

identify 4 challenges that you experience in terms of fee growth. for each, write just 1 or 2 suggestions as a possible solution.

see more bissett bullets here

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salary and compensation outlook for small cpa firms 2025

cornerstone report

the 卡塔尔世界杯常规比赛时间 overview of what accountants can expect regarding annual salary and bonuses at small cpa firms – and what small cpa firms can expect to budget.

by 卡塔尔世界杯常规比赛时间 research

a combination of a talent shortage and the general economic environment could push payroll budgets up by as much as 16.9% in 2025 at small cpa firms, according to 卡塔尔世界杯常规比赛时间 research. but partners and owners could make even more.

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battling the staffing crisis: is a little-known, but controversial, visa program the answer for 2025 hiring?

cornerstone report: h-1b hiring and salary trends in tax, accounting and finance

  • the jobs outlook, salary trends, and election year politics.

卡塔尔世界杯常规比赛时间 research estimates and illustration

what it is. how it works. and what cpa firms are doing.

by 卡塔尔世界杯常规比赛时间 research

the h-1b visa program is vital for u.s. companies to hire highly skilled foreign workers in specialty occupations, including tax, finance, and accounting.

卡塔尔世界杯常规比赛时间 research estimates that as many as 46,000 tax, accounting and finance professionals work at u.s. firms under the h-1b program. this figure has received scant attention in the profession but is critical to its infrastructure. to the extent that it has received attention, critics say the program holds down salaries for u.s. workers.

in 2024, the biden administration eased restrictions on the h-1b visa program while clamping down on abuses. by 2025, with the trump administration, it had become a lightning rod of controversy.

the nation’s tech industry has a huge stake in the outcome. despite fluctuations in the number of h-1b workers requested and approved, the demand for h-1b workers in computer-related occupations remains strong, and h-1b workers play a critical role in the workforce.

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