checklist

covid launches a new reality: now what?

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^click to play: aquila addresses covid crisis response strategies.

eight new trends you can’t ignore in the new normal.

by august aquila

every day we get a clearer picture of what the future holds for the accounting profession, business in general and the overall population. while the future may look daunting, we will do our best to make the most of it and come out stronger. it’s what we have always done.

more: 6 action steps for a smooth retirement transition | 7 succession planning best practices | grissom and aquila on partner performance evaluations | gross profit in a professional services firm: opening a dialogue | checklist: 18 essential steps to effective billing | how to get partners to accept a new pricing philosophy
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

nevertheless, don’t plan on the old ways coming back. i just read that more than 60,000 accountants have already lost their jobs. perhaps, the war for talent will be over. there will be further reductions in the professional service workforce and firms will be able to pick and choose from the talent pool.
read more →

the real problems created in a remote workforce

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three hidden dangers and the two essentials for success.

by ty hendrickson, cpa

working from home creates problems, but these problems are not the ones that firm leaders are concerned about right now.

more on remote work: home alone. but not really. | how many monitors do you need working at home? | stuck at home right now? here’s 100 good ideas to relieve the stress | coronavirus resources for remote-working (#wfh) | go remote with this app you already own [#wfh] | the top portable monitors for working from home

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

i have never seen so many people terrified of a working environment, as i’ve seen over the past month with employees sent home to work. firm leaders are panicked about productivity and work ethic, which i find hilarious because you are essentially saying that you don’t trust your employees. you don’t trust them to do the same job at home because you aren’t there to monitor their every move. if you don’t trust your employees, why did you hire them in the first place?!

read more →

41 items to check on business tax returns

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woman's hand using a pencil on notepada handy reviewer’s checklist.

by ed mendlowitz
tax season opportunity guide

client ________________________ year _____

prepared by ___________________ date _____

more: 9 overlooked tax season resources | more services for your tax clients | can your reviewers answer these 10 questions? | 5 small leaks that can sink a tax season | 3 steps to tax season happiness
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

notes: 1) the term “owners” will be used to refer to stockholders, partners or members, as the case may be. 2) even though “trial balance” is used in this checklist, you can use the company’s financial statements if those were what were used for the preparation of the tax return, or computer-generated statements.
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stuck at home right now? here’s 100 good ideas to relieve the stress

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young woman recording video via camcorder and tripodmany of them are free.

how’s covid-19 impacting your busy season?
join the survey. sound off. get answers.

by sandi leyva, annie tao, marjory rase, and cutter slagle

i wanted to help my staff blow off some steam this week, so i asked them to come up with some tasks that we can all do while we’re sheltering in place and doing our thing to flatten the curve.

卡塔尔世界杯常规比赛时间 is providing free access to our latest coronavirus crisis updates: start here for a guide to all our coverage.

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

if your kids (or you) are already asking, “are we there yet?” here are some ways to distract them. read more →

keep these tax clients while you have the chance

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portrait of an angry man yelling on the phone21 reasons they switch firms.

by ed mendlowitz
tax season opportunity guide

clients have many choices, including the choice of a tax preparer. every new client an accountant gets is because that client left – fired – their previous accountant.

more: what’s not to like about tax season? | can your reviewers answer these 10 questions? | 5 small leaks that can sink a tax season | one can’t-skip touch for tax season | 3 steps to tax season happiness
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

so why do clients leave? here are 21 good reasons why they should: read more →

home alone. but not really.

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//www.g005e.com/tag/coronavirus/
more free coronavirus resources here

seven tips for teams and leaders dealing with coronavirus lockdowns.

by gale crosley

as i stood in the shower one morning earlier this week the words, “this feels like war” came to mind. not that i’ve been in one. but i’m experienced enough to recognize the panic, uncertainty and vulnerability. moments later, with coffee in hand in front of the tv, i listened as new york governor andrew cuomo stated, “this is a war. we have to treat it like a war.”

the coronavirus crisis: how to leverage referral opportunities in a crisis  |  10 things you can start doing immediately  |  three ways to step up in uncertain times | accountants battle coronavirus chaos | smartphone thermometers predict coronavirus hot spots | go remote with this app you already own [#wfh] | the top portable monitors for working from home | why process is key to remote work | in these turbulent times, leaders must lead! | the tax effects of coronavirus [live 1-hour webinar] | how to think straight through the coronavirus crisis | coronavirus culture-shift hits accounting firms | how to sanitize electronics against covid-19 with uv light

more: 卡塔尔世界杯常规比赛时间 is providing free access to our latest crisis updates. start here for a guide to all our coverage.

for pro members: coronavirus resources for remote-working (#wfh)

war, according to military wisdom, requires an approach that is both tactical and strategic. we need to focus on tactics—preparing yourself and marshaling your troops for success on a new kind of battlefield. one with toys underfoot and a dog howling in the background.

read more →

coronavirus resources for remote-working (#wfh)

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the 卡塔尔世界杯常规比赛时间 covid-19 crisis guide for pro members
//www.g005e.com/?p=72728
– new management strategies for the coronavirus crisis
– technology for remote working-from-home (#wfh)
– survey results: benchmarks & metrics
click here for the full library of premium curated pro member content

卡塔尔世界杯常规比赛时间 is providing free access to our latest updates on the coronavirus crisis.
start here for a guide to all our coverage

in these turbulent times, leaders must lead!

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www.g005e.comsix things you needed to start doing yesterday.

by allan koltin

in the face of this unprecedented global pandemic, leaders must lead! we need to fill our days with talking to our people, clients, and our families and engaging them in the reality of the situation while at the same time stressing the positive things going on.

related: all 卡塔尔世界杯常规比赛时间 special coronavirus coverage

i was on a call this morning with a client and i was sharing how wonderful it was to have all three kids back home (they would have been studying abroad, at college, or going to high school) and how nice it was to have family dinners together again. i was also sharing the positives with the kids that their grandparents were healthy, safe, and getting calls from so many family members and how important this was to them. as i was walking the dogs this morning it occurred to me that i heard birds chirping and that i had been “so busy being busy” for the past four decades that beautiful sounds like this or the smell of the morning air were never on my mind. at a deeper level, and to equate it to a sporting event, i feel like the proverbial “scoreboard” has malfunctioned and there is now a new way to keep score, and it is becoming the new normal.

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coronavirus culture-shift hits accounting firms

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transitioning to a virtual firm requires more than the right technology: it requires new thinking about how your firm works.

by jess coburn
applied innovations

as the coronavirus situation intensifies, it is becoming more and more apparent that we must become increasingly flexible and innovative in how we approach our day-to-day lives. nowhere is it more evident than in how we run our tax and accounting firms.

more coronavirus: how to sanitize electronics against covid-19 with uv light   |  working remotely shouldn’t mean feeling isolated   |  planning for the coronavirus recession  |  tax season turns ugly under coronavirus  | 16 tech tools for working through the coronavirus  |  coronavirus rattles tax season

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the coronavirus crisis requires a total re-evaluation of how we conduct our business. for those firms with employees – as opposed to sole practitioners – it is critical to consider going fully remote during this time. it makes sense from a health standpoint and also from a business survival perspective. it’s important for employees to remain healthy and to be able to conduct work, especially during these busy times which involve tax filing deadlines and inevitable extensions.

it’s also important to recognize that families are being impacted due to school and daycare closures, requiring employees to be at home to care for them.

all of that said, the move to a fully remote status requires a culture shift. for many cpa firms and other professional services organizations, this is a major adjustment.  read more →

16 tech tools for working through the coronavirus

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the apps and platforms we use, and why.

by sandi leyva

maybe you were thinking about taking your practice virtual sometime in the future. but with the novel coronavirus, the future is now. we’re lucky we’re in a profession where we can deliver our services virtually.

more tech for the coronavirus crisis:  three tech solutions for protecting client data |  top tech choices for the virtual firm  |  5 questions to evaluate new tech tools  |   innovate for the right reasons  |  how to leverage app technology for streamlined services   |  cyber security at a virtual cpa firm |  how core values affect remote work culture |  the hidden costs of running a virtual cpa firm

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

our office became fully virtual in july 2019. meanwhile, here are the main 16 tools we use, sorted into 11 categories:

  1. appointment-setting
  2. conferencing
  3. data collection
  4. client portal
  5. shopping cart
  6. client emails
  7. customer support
  8. task management
  9. employee messaging
  10. phone calls
  11. cloud storage

note, some vendors are offering free services for the pandemic. now i’ll tell you exactly what we’re using and why…

read more →

lessons from the trenches of tax season

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the points not taught in college.

by 卡塔尔世界杯常规比赛时间 research

the 卡塔尔世界杯常规比赛时间 busy season barometer:
what’s different this year?
join the survey. get the results.

卡塔尔世界杯常规比赛时间’ annual busy season barometer is always a useful instrument for peeking into other professionals’ tax prep practices. among the data that can mined from survey results:

  • how other practitioners are doing this season
  • how this season compares with last year’s
  • what other practitioners are doing differently this year
  • what practitioners have learned since last year
  • how others feel business and the economy will go – for the nation, for their firms, for their families
  • how practitioners rate their own firms – and why

more: coronavirus rattles tax season | the irs needs more to get more | more firms falling behind | does irs need a practitioner services division? | irs urged to form tax preparer strategy | accountants cautiously bullish on the economy | survey results: tax pros forecast a better 2020 | can the irs enforce the tax code?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

what tax preparers have learned since last year is always especially interesting. the comments of professionals in the trenches are a list of all the lessons not taught in college. here are a few of them…
read more →

coronavirus rattles tax season

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can you turn a crisis into an opportunity?

the 卡塔尔世界杯常规比赛时间 busy season barometer
benchmarks, trends & analysis
join the survey. get the results.

by 卡塔尔世界杯常规比赛时间 research

coronavirus—covid-19—is coming. don’t imagine it won’t reach your community. it will. and even if you manage to keep it out of your office, and even if its lethality is less than the flu, just the threat of covid-19 is already impacting many tax and accounting firms.

how accountants are preparing for the worst:

  • do you have the portals, web-based apps, and cloud accounts necessary for staff to work from home? have you tested them? maybe you should have an everybody-works-from-home-day drill.
  • do you have policies and procedures in place for home-based work?
  • do individual staff have plans for caring for their family without disrupting work?
  • have you prepared clients for the possibility of electronic delivery of data and documentation? do they understand what to do?
  • are you ready to request filing extensions due to staff or client illness or local quarantine?
  • have you established sanitation procedures for your office?
  • do you have a vision of the worst-case scenario? this could include a) long-term quarantines of your office, other businesses, and all clients, b) widespread illness and absence of staff, c) general economic downturn, d) interruptions in cash flow, e) slower than usual responses from the irs, and f) well…what else can go wrong?

the 卡塔尔世界杯常规比赛时间 busy season barometer has always asked a variety of poignant questions about everything from the status of firms to the state of the economy. this is the first year, however, that it includes a question about disease. read more →

tax season is hacker season

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checklist: five things to do today to protect your firm and your clients.

the 卡塔尔世界杯常规比赛时间 busy season barometer:
new year, new strategies
join the survey. get the results.

by jess coburn
applied innovations

businesses of all sizes are targets from what has become the most vicious, innovative, and lucrative criminal endeavors we’ve ever witnessed. and tax practitioners are particularly easy targets.

more on busy season 2020: irs urged to form tax preparer strategy |  5 small leaks that can sink a tax season |  data points down as tax season opens |  the fight for new tax clients |  5 tax review keys |  tax pros forecast a better 2020 |  see all tax season 2020 coverage here

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the financial services industry is perhaps the most targeted because of the value of data it possesses. and the most frequently targeted are cpas and those who prepare tax returns.

read more →