4 reasons not to let staff go after tax season

midsection of businessman moving out with cardboard box from officewhat will you need to pick up when they’re gone?

by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor

question: i am planning on letting go of some staff after tax season and will hire replacements at a higher level. any suggestions?

more: good preparer procedures will reduce review time | 10 things not to say during tax season | top 12 tax return errors | why ‘tick and tie’ needs to die | use tax return prep for training and growth
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answer: 1) your implication is that you will hire replacements at a higher level.
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firms recall half of furloughed staffers

total tax and accounting employees, in thousands, over the last 18 months. (卡塔尔世界杯常规比赛时间 research)

just in time to finish tax season.

by beth bellor

got whiplash? job sectors that saw figures plummet in last month’s report are seeing them climbing back, albeit not as quickly.

more: the mystery of 10 million missing tax returns | pro tax prep stalls to a crawl amid covid-extended season | planning for the coronavirus recession | the tax season 2020 dumpster fire | |  covid kills 67,600 jobs in tax and accounting  | pre-covid-19, accounting profession hits new highs

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the tax and accounting industry has quickly added back about half of the jobs lost in the covid-19 shutdown – just in time to finish the hyper-extended tax season, according to the latest 卡塔尔世界杯常规比赛时间 jobs report. but what happens next is anybody’s guess.

in this report, 卡塔尔世界杯常规比赛时间 analyzes:

  • current and long-term hiring trends in each of the bookkeeping, payroll, tax and cpa segments of the industry (all data seasonally adjusted)
  • average hourly wages for key segments
  • typical hours worked per week
  • trends concerning women in the accounting workforce

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why your to-do list isn’t getting done

businessman in dark gray suit raise his hand in action of stop and word "stop" on his red palmwhat to stop doing may be more important than what to do.

by bill reeb

much of your focus is naturally on “what can i do today to move me one step closer to whatever i am trying to achieve?”

more: learn to embrace failure | what a pro knows | appreciate the joy that comes from work | what would make you happy? | don’t let opportunities become detours | covid crisis requires new mindsets | do you have a goal or just a speed? | what are you giving priority? | 3 early warning signals for overachievers | learn more by letting go | don’t let others block your path | how overachievers can get ‘unstuck’
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while “doing the work” really seems to be about actions you should take, often it is just as much – if not more – about what actions to stop.

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learn to embrace failure

coats hanging on wall hooksit often comes when we tackle new work.

by bill reeb

the learning process is often frustrating. so why is it so difficult to learn new things?

more: what a pro knows | appreciate the joy that comes from work | covid-19 crisis requires new mindsets | 3 early warning signals for overachievers | how overachievers can get ‘unstuck’
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one answer is that we don’t have “hooks” for what we don’t know (neither the mental acuity nor the physical skills). an example of this is found anytime businesses train their employees.
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how to attract clients like a magnet

by demonstrating your specialized expertise, you become their first choice.

by jody grunden
building the virtual cfo firm in the cloud

thought leadership is where you are really going to reap success. you want to be that person who everybody will come to.

more: riches in niches | 6 steps for sales and conversion | the right way to onboard new clients | 5 questions to evaluate new tech tools | the hidden cost of running a distributed company | how to develop your leadership team | automation and the future of accounting
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i just got off a call with a prospective client who had never met me or even seen me speak, but discovered us through a web search and saw that we are thought leaders in the industry. that discovery brought her directly to us, and it was important to her that the cfo she hires fully understands her industry.
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what a pro knows

golf club by tee at tee box, looking downhill at holewhy brutal realism is the only true path to achievement.

by bill reeb

during golf season, i like to hit practice balls at the driving range.

more: appreciate the joy that comes from work | what would make you happy? | don’t let opportunities become detours | covid crisis requires new mindsets | do you have a goal or just a speed? | what are you giving priority? | 3 early warning signals for overachievers | learn more by letting go | don’t let others block your path | how overachievers can get ‘unstuck’
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i also like to take lessons with my golf professional – mostly playing lessons as opposed to ball striking lessons, because just hitting the ball is far less of a problem than the lapse of synapses striking properly in my brain.

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appreciate the joy that comes from work

climber standing atop mountain with another in distancestop wishing your life away.

by bill reeb

we spend about 99.7 percent (statistic totally fabricated but the phrase “vast majority” would certainly apply) of our time en route to some objective. if you can find happiness, serenity or a feeling of success only when you arrive at your intended destinations, then you are destined to be unhappy or feeling unsuccessful almost all of the time.

more: what would make you happy? | don’t let opportunities become detours | covid crisis requires new mindsets | do you have a goal or just a speed? | what are you giving priority? | 3 early warning signals for overachievers | learn more by letting go | don’t let others block your path | how overachievers can get ‘unstuck’
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i remember my wife and i vacationing in puerto rico many years ago. we decided to go to the el yunque national forest reserve and walk up to the top of one of the el yunque mountains. given that we like to hike, this was not a difficult climb because it was only about five miles roundtrip on a paved path.
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what would make you happy?

woman ladder binoculars city view outlook vision success climb adobestock_57204649.jpegbonus: a flowchart of desire.

by bill reeb

i believe that every day, in a way, we do exactly what we want to do or what we desire. for instance, you might be frustrated by your present weight, but if you don’t change your eating habits or exercise regimen, then you clearly do not desire to lose weight.

more: don’t let opportunities become detours | covid crisis requires new mindsets | do you have a goal or just a speed? | what are you giving priority? | 3 early warning signals for overachievers | learn more by letting go | don’t let others block your path | how overachievers can get ‘unstuck’
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another idea that complicates determining what we want, which is far more subtle and complex, is that we subconsciously or consciously suppress many of our desires.
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don’t let opportunities become detours

perception vs. reality: how opportunities can cause chaos.

how to stay on track toward your goals amid chaos and confusion.

by bill reeb

without clear direction, every alternative seems like an opportunity.

but with direction comes a course of action, whether that is to preserve what you have or achieve something different.

more: covid crisis requires new mindsets | do you have a goal or just a speed? | what are you giving priority? | 3 early warning signals for overachievers | learn more by letting go | don’t let others block your path | how overachievers can get ‘unstuck’
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knowing what direction you want to head will drive the creation of a plan. and the greatest benefit of planning is that it provides you with a sanity check to know when you are drifting off course.

regardless of whether we are talking about your personal life, career, or business, i believe it is nearly impossible to get to your desired destination or to accomplish your goals in a straight line.

we end up straying from our original course because of the mistakes we make along the way. opportunities become detours. and chaos ensues
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covid crisis requires new mindsets

train tracks going both ahead and off to leftdon’t let inertia choose for you.

by bill reeb

inertia can be like drifting, which actually describes what many people do. what i mean is, many people just do more of what they did yesterday to keep afloat, or robotically attempt the next incremental step forward from where they are right now. it is as if they are treading water working hard throughout life and just letting the current take them wherever it is going.

more: do you have a goal or just a speed? | what are you giving priority? | 3 early warning signals for overachievers | learn more by letting go | don’t let others block your path | how overachievers can get ‘unstuck’goprocpa.com

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see also: for a limited time only, free video courses from the succession institute to help firms prepare for the new normal: get all the details here.

the breakdown in this approach is that it presumes you are exactly where you want to be right now and that the current is going in the direction you want to go. overachievers often find themselves in this predicament: working hard treading water going with the current without a clear direction in mind.
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covid kills 67,600 jobs in tax and accounting

two years of steady gains wiped out in one month

profession loses four years of job growth in the first month of the coronavirus recession, reversing years of steady gains.

by beth bellor

crushed by the covid-19 pandemic, the tax and accounting profession has fallen below 1 million employees for the first time in two years – way below, and that may be just the tip of the iceberg, according to 卡塔尔世界杯常规比赛时间 research.

more on jobs and hiring trends:  planning for the coronavirus recession  |  pre-covid-19, accounting profession hits new highs  |  the fight for new tax clients  |  tax & accounting headcounts hit record high   |  hiring growth rate shows signs of leveling off   |  what staffing shortage?   |  payroll agencies lead jobs growth in the tax & accounting industry   |
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

in this report, 卡塔尔世界杯常规比赛时间 highlights:

  • current and long-term hiring trends in each of the bookkeeping, payroll, tax and cpa segments of the industry (all data seasonally adjusted)
  • average hourly wages for key segments
  • typical hours worked per week
  • trends concerning women in the accounting workforce

the data comes with a big asterisk.

read more →

do you have a goal or just a speed?

businessman crossing finish line after leaping hurdlesknow where you are running to.

by bill reeb

if you decide you want to make some changes, that’s great.

more: what are you giving priority? | 3 early warning signals for overachievers | learn more by letting go | don’t let others block your path | how overachievers can get ‘unstuck’
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

but before you start running away from whatever it is that you don’t like, make sure you know what you are running toward.

consider this scenario…
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what are you giving priority?

businesswoman at crossroads, facing two pathsif you can’t use your time and apply your energy on your highest priority items, what does that disconnect say?

by bill reeb

having a desire for something is the first step in your process. once you have identified what is important to you, the desire step then includes creating

  • a plan,
  • plan tactics,
  • a realistic timeline and
  • reasonable expectations.

more: 3 early warning signals for overachievers | learn more by letting go | don’t let others block your path | how overachievers can get ‘unstuck’
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

my approach is to immediately start introducing you to a variety of techniques, each followed by a short exercise that will ask you to assess how you are performing as well as how you might apply the technique to help maintain or start building momentum toward your objective. these techniques are focused on helping you discover what you want to achieve.
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