352 search results for mendlowitz

providing work papers to new accountant

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when is it required?

question:

a long time business client that owed me a large balance for unpaid fees sent a letter dropping me. he then wrote me a letter requesting me to send “his” papers to his new accountant. can i insist on being paid first or do i have to send the papers? i made some notes on a worksheet adjusting his numbers that went on the tax return. do i have to send this also and if so, do i have to write these up in proper journal entry form?

more from ed mendlowitz, the practice doctor:  11 business-getting tips for the young staffer  |  how to get started in family office services  |  three and a half ways to get your own cpa practice |  novice manager needs to know: how to do it all? | why no one listens to you |  when not to offer a free initial consultation | measuring growth in yourself, staff and partners  |  what do you think you’re doing?  | can you teach judgment?  |  clients’ calls at home  | what you need to know before expanding into business valuation |   seven ways to increase fees  | 10 best practices for tax season  | nine healthy things to do during tax season  |  12 reasons to love tax season | free instant download: sample fee schedule for 1040s |   also: “implementing fee increases” and “the tax season opportunity guide.”

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hire experienced people, or train them yourself?

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how to invest your mentoring time where it matters most.

question: we were looking for an additional experienced person since september and hired someone with five years experience in mid-november, but she said she couldn’t start until january.  she said she had work she had to finish up.  two days before christmas she called to tell me her firm made her a “better” offer and she decided to stay there. it meant we had to enter busy season short a person.  this seems to happen a lot.  what do you suggest? read more →

when should you sign a new lease, merge or just retire?

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a seven-step process to confront the questions raised by lease renewals.

question: i signed up with a broker who introduces buyers and sellers of cpa practices, to find someone who would buy my practice when i want to retire. i don’t want to retire yet, but am starting to think about it. the broker suggested a merger now combined with a buyout deal when i am ready to retire. am i going about this in the right way? read more →

it’s complicated: billing a friend

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rick telberg in this week’s edition of research update, ed mendlowitz takes on “how not to bill a client who is also a friend” with some tough love. 卡塔尔世界杯常规比赛时间…

consulting with a client who is also a friend

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question: i have a close friend who is also a client. he went through a rough time with his wife threatening a divorce and we spent a lot of time talking about it (out of office settings).  i sent him a bill and he returned it with a notation that “we spoke as friends and not as a professional consultation, and the bill should be cancelled.”  what should i do? read more →

when staffers don’t listen to you

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15-item checklist on effective staff management.

ed mendlowitz, cpa, abv, pfs
author of “implementing fee increases”

question: my staff doesn’t listen to me.  to be able to manage and control my business i need them to prepare a monthly schedule of what they plan on doing that month.  i further need to know each morning if they did what they were supposed to do the previous day, and whether there was anything not done, or anything extra that wasn’t planned on.  my problem is that they don’t give me the schedule and then don’t call or email me to tell me what they did. i really need to know this stuff and can’t figure out how to get them to do it.  what can you suggest? read more →