the best sources to make you look like a genius.
by ed mendlowitz
“tax season opportunity guide“
question: when i was asked three technical questions, i found the answers quickly in a one-volume tax guide i keep near my desk. i answered them and did not disclose my “secret,” wanting the callers to think i was a “genius.”
it astounds me that many people do not try to find the answers for themselves.
the questions concerned: read more →
by sandi smith leyva, cpa
author of free download:
“10 keys to doubling your revenue”
it’s easy to get sidetracked by politics this year and simply wait to see what’s going to happen in the tax arena. i hope you don’t fall into that trap, though, because there has never been more opportunity in accounting and tax than right now, and now is the time to start preparing so you can make the most of next year’s busy season. read more →
bookkeeping data is notoriously unreliable. so why is the irs relying on it?
get the instant download:
the 10-minute bookkeeping test
by frank stitely
sk cpas
“please give me a copy of your 1099-misc forms.”
the irs agent was a 25-year-old woman, with only a couple of years of experience dealing with my client.
my client was the “how-dare-you-question-me?-i’m-a-taxpayin’,-god fearin’-american” type of client – one of those guys who think the marlboro man is a wimp.
but he had a tax problem. he was being audited and he had thrown out all of his paper records when he moved his office.
missing 1099-misc
he didn’t have copies of his 1099-misc forms. so he had his bookkeeper reprint them from quickbooks. i gave them to the irs agent.
“mr. stitely, these 1099 forms don’t match what we have in our records.” read more →
by ed mendlowitz, cpa, abv, pfs
the 30:30 training method
question: i know you have a lot of advice on how to review tax returns. what’s your single best tip?
response: i had never thought about this until this question was asked.
five things you need to know and three things you need to do.
by frank stitely, cpa
stitely and karstetter
get ready for a transformation in the tax business unlike anything we have experienced since turbotax. the transformation will force many of your colleagues to sell, retire, or go out of business. it will force many of your staff out of the profession. it will change the way you serve clients. and, it will either result in tremendous opportunity for you or end your practice. this transformation is zero data entry.
more stitely: three trends that will transform your tax practice or eliminate it | value, billem & dunn: a value billing case study | why value billing won’t transform your life | the problem with frank stitely? we need more frank stitelys! | the problem with timesheets? not enough timesheets! | who’s missing in action from your workflow processing system? | how to make an extra $72,000 by working smarter read more →