keep these tax clients while you have the chance

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 →

three ways to step up in uncertain times

coronavirus crisis opens new opportunities to serve.

by sarah johnson dobek

in the late hours of march 11, president trump instructed the treasury department to defer tax payments without interest or penalties for certain individuals and businesses negatively impacted by covid-19 pandemic, commonly known as coronavirus.

see 卡塔尔世界杯常规比赛时间 special coronavirus crisis coverage

as many individuals and businesses grapple with the possibility and effects of illness, travel bans, quarantine, and economic distress, accounting professionals have a unique opportunity to step up as proactive advisors.

here are three ways you can help your firm and help your clients through uncertain times.

read more →

in these turbulent times, leaders must lead!

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.

read more →

the scourge of shoddy tax preparers

man staring at pile of paperworkcongress needs to step in … and make it stick this time.

by 卡塔尔世界杯常规比赛时间 research

are you a shoddy tax preparer? we doubt it.

more: tax season turns ugly under coronavirus | lessons from the trenches of tax season | coronavirus rattles tax season | the irs needs more to get more | more firms falling behind | does irs need a practitioner services division?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

pro membership in 卡塔尔世界杯常规比赛时间 demonstrates a certain commitment to professionalism – an understanding that tax preparation isn’t just a means of making money. it’s a responsibility and an obligation to do the job well.
read more →

coronavirus culture-shift hits accounting firms

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 →

10 things not to say during tax season

older man with finger on lips and other hand out in "shush" gestureeliminate excuses.

by ed mendlowitz
tax season opportunity guide

tax season is a busy time and preparers sometimes neglect to get something outside of tax prep done. needless to say, clients don’t want to hear it. and your firm may miss some valuable opportunities.

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

here are a bunch of phony reasons why some things don’t get done…
read more →

top 12 tax return errors

error stampeddon’t ignore last year’s return.

by ed mendlowitz
how to review tax returns: the field-tested update

following is a checklist with a listing of the most frequent tax preparation errors. use this as a guide of what the reviewers should look for.

more: why ‘tick and tie’ needs to die | use tax return prep for training and growth
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

  1. number transposition and spelling errors. this includes income and deduction amounts and client social security numbers, addresses and zip codes. spelling errors should also be avoided – they indicate a lack of attention to what you are doing.

read more →

tax season turns ugly under coronavirus

卡塔尔世界杯常规比赛时间 busy season barometer shows a marked decline in practitioners reporting a “better” year and increases in “worse.”

early optimism turns to fear and dismay as the covid-19 crisis spreads.

busy season barometer:
how does this year’s busy season compare to last year’s?
betterworse, or about the same?

by 卡塔尔世界杯常规比赛时间 research

whether the covid-19 panic is much ado about nothing or not enough being done about something, america’s tax and accounting practitioners are already seeing their early-season optimism shift into a mid-season nosedive.

more on tax season 2020: tech tools for working through the coronavirus  |  what’s not to like about tax season?   |  why ‘tick and tie’ needs to die   |  lessons from the trenches of tax season   |  coronavirus rattles tax season   |  tax season funnies: the ‘service’ in irs   |  can your reviewers answer these 10 questions?   |  top tech choices for the virtual firm  |

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

the 卡塔尔世界杯常规比赛时间 2020 busy season barometer has been fielding responses since early january. and, for a while, things looked good. until the end of february, early respondents generally saw their season moving along swimmingly, the economy booming, clients doing well, families hunky-dory. this year was going to be so much better than last year.

that was then. this is now. read more →

what’s not to like about tax season?

businesswoman holding green folderif you’re not happy, target why.

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 ed mendlowitz
tax season opportunity guide

successful people are happy with their practices and what they do and get joy from interacting and helping clients.  i know a lot of accountants who continuously complain about tax season – yet they make most of their money during the period.

more: can your reviewers answer these 10 questions? | what makes a good tax season client? | 5 tax review keys | 5 steps for tax season success | 12 ways to have more fun this tax season
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

do they expect someone to knock on their door with a wheelbarrow of money to hand them? if they are financially secure, why do they keep working? if they are not, then, duh! either do it or find something else, but stop complaining. better yet, look at all the benefits from what you do (if you need me to tell you the benefits then find something else to do).
read more →

why ‘tick and tie’ needs to die

businessman shaking hands with grim reapera rundown of seven types of tax return reviews.

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 ed mendlowitz
how to review tax returns: the field-tested update

there are numerous ways to review tax returns. most reviewers have their own techniques, and some alter these based on

  • the type of or size of the return, or
  • who the preparer is or
  • who the partner in charge of that client is.

more: use tax return prep for training and growth
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

there is nothing wrong with this as long as the reviewer is experienced and really knows their stuff.
read more →