{"id":124530,"date":"2024-04-22t14:00:30","date_gmt":"2024-04-22t18:00:30","guid":{"rendered":"\/\/www.g005e.com\/?p=124530"},"modified":"2024-08-29t23:53:26","modified_gmt":"2024-08-30t03:53:26","slug":"busy-season-is-over-so-its-time-for-some-resolutions","status":"publish","type":"post","link":"\/\/www.g005e.com\/2024\/04\/22\/busy-season-is-over-so-its-time-for-some-resolutions\/","title":{"rendered":"busy season is over, so it\u2019s time for some resolutions"},"content":{"rendered":"

\"\"<\/strong><\/p>\n

twelve things to do before you get busy again.<\/strong><\/p>\n

editor\u2019s note: the end of every busy season means a new beginning for practitioners, which is why we thought this q-and-a was particularly timely.<\/h4>\n

by ed mendlowitz<\/i>
\n202 questions and answers: managing an accounting practice<\/i><\/a><\/p>\n

question: <\/strong>do you have any suggestions for the new year?<\/p>\n

more: <\/b><\/strong>hold staff accountable if you want them to listen to you<\/a> | when selling a firm to staffers is tricky<\/a> | courting a client? don\u2019t give too much away for free<\/a> | nine tips for a healthier tax season<\/a> | fifteen strategies for first-time supervisors<\/a> | measure knowledge gaps (then close them)<\/a> | should you offer financial services?<\/a> | ready to retire? selling your practice is no strategy<\/a> | 20 things you need for a business valuation<\/a>
\n\"goprocpa.com\"exclusively for pro members. <\/span><\/strong>log in here<\/a> or 2022世界杯足球排名 today<\/a>.<\/span><\/h4>\n

 <\/p>\n

answer: <\/strong>checklist of things to do in the new year:<\/p>\n

    \n
  1. stop marking saly<\/strong> next to your new year\u2019s resolutions. make one or two big-time life goals resolutions that you will do.<\/li>\n
  2. check your<\/strong> personal insurance coverage. make sure you have adequate uninsured motorist, umbrella, workers compensation at your home and life insurance.<\/li>\n<\/ol>\n

    <\/p>\n

      \n
    1. do some<\/strong> tax planning for yourself. manage investments to benefit from tax savings such as reconfiguring your investments with long-term, fixed-income securities in tax-sheltered accounts and equities in taxable accounts, or if actively trading, then putting your trading activities in the tax-sheltered accounts.<\/li>\n
    2. get rid<\/strong> of clutter (see checklist below).<\/li>\n
    3. stop being stupid.<\/strong> treat your practice as a business and look at the bottom line.<\/li>\n
    4. don\u2019t deal<\/strong> or work with jerks. have a \u201cno jerk rule\u201d! don\u2019t suffer fools. don\u2019t waste time with stubborn people who refuse to listen to reason or logic.<\/li>\n
    5. get a will<\/strong> or get it updated, get buy-sell agreement or get it updated, or get a practice continuation agreement if you are a sole practitioner.<\/li>\n
    6. stop texting<\/strong> and dialing numbers when driving. also, slow down \u2013 getting stopped by a patrolman will eat up more time than 20 times of driving within the speed limit. and skip the road rage \u2013 why get mad at an a – – h – – e!<\/li>\n
    7. identify and<\/strong> do your most important thing first; touch things once; do it now \u2013 don\u2019t delay.<\/li>\n
    8. call former<\/strong> partners and friends, brothers and sisters, and others you were once close with to wish them a happy new year. life\u2019s too short to dissipate energy holding grudges against people whose funeral you might go to. clear the air \u2013 someone has to take a first step \u2013 why not you? now?<\/li>\n
    9. go through<\/strong> your pile of business cards and call those up you want to stay in touch with or to rekindle a relationship and wish them a happy new year. if you no longer care about that person, throw the card away.<\/li>\n
    10. think healthy<\/strong> \u2013 your body is made to travel a certain mileage with the right fuel, maintenance and care. maximize that mileage.<\/li>\n<\/ol>\n

      checklist of 25 things to get rid of<\/strong><\/p>\n

      this is a suggested list of what to declutter yourself with. some things can be sold, given away to friends or relatives, donated to a charity or thrown in the trash, being careful to shred papers with personal and confidential information.<\/p>\n

        \n
      1. playbills and journals<\/li>\n
      2. old magazines of \u201chistoric\u201d nature<\/li>\n
      3. old newspapers of \u201chistoric\u201d events<\/li>\n
      4. your magazine pile you haven\u2019t been able to get to<\/li>\n
      5. stamp, coin, baseball card or similar collection<\/li>\n
      6. art<\/li>\n
      7. books<\/li>\n
      8. high school and college notebooks<\/li>\n
      9. old diaries<\/li>\n
      10. trophies from your childhood<\/li>\n
      11. halloween costumes<\/li>\n
      12. clothing, shoes and hats you haven\u2019t worn in 42 years<\/li>\n
      13. boxes with stuff you haven\u2019t looked at in 12 years<\/li>\n
      14. yours and your kids\u2019 old bikes that haven\u2019t been used in 17 years<\/li>\n
      15. old tax records, receipts, canceled checks and brokerage statements (aside from the records you should retain)<\/li>\n
      16. old insurance policies<\/li>\n
      17. plastic gift baskets, ribbons and wrapping papers<\/li>\n
      18. dolls and teddy bears that lost their sentimentality<\/li>\n
      19. old pet carriers (you haven\u2019t had a dog or cat for nine years!)<\/li>\n
      20. expired prescription and over-the-counter drugs and toiletries and your toothbrush collection from your infrequent dentist visits over the last 50 years<\/li>\n
      21. partially filled liquor bottles you haven\u2019t touched in years<\/li>\n
      22. old cameras<\/li>\n
      23. things and stuff<\/li>\n
      24. consolidate your brokerage accounts<\/li>\n
      25. sell or donate stocks where you own an insignificant number of shares to reduce your notifications<\/li>\n<\/ol>\n

        if in doubt \u2013 declutter!<\/p>\n","protected":false},"excerpt":{"rendered":"

        twelve things to do before you get busy again.<\/strong>
        \n         \"\"<\/a>
        \nby ed mendlowitz<\/i>
        \n        202 questions and answers: managing an accounting practice<\/i><\/a><\/p>\n","protected":false},"author":1341,"featured_media":116331,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[1908,3120,3002],"tags":[],"class_list":["post-124530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-management","category-pro-member-exclusive","category-special"],"acf":[],"yoast_head":"\nbusy season is over, so it\u2019s time for some resolutions - 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