40 chances, 40 tax seasons
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by sandi smith leyva
i was drawn to reading howard buffett’s new book because i am completely intrigued by huge social problems and figuring out ways to solve them. for buffett, who is a farmer at heart, the challenge is how to tackle world hunger.
one of the stories in the book (which is 40 chances: finding hope in a hungry world) has buffett listening to a lecture for farmers on how to improve their yield year after year. buffett recalls the speaker saying that one farmer, on average, will have a 40-year career from the time he or she starts working the land to the time to retire. on average it will be 40 harvests and 40 plantings. read more →
question: this is not a question that an accountant asked me, but a fellow traveler on my vacation. he was using a tax preparation service and wasn’t happy and felt he could do just as well by doing his own tax return. i told him there were many benefits to using a tax professional like a cpa or ea that were well worth the extra cost. so my question to myself is “what are they?”
readers’ forum: hours worked. firing clients. setting prices.
accountants gear up, from paperless to cloud.
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