Owners’ hours directly impact the value of a practice: If all other things are equal, buyers prefer to buy an accounting practice with fewer owner hours.
Newsletter articles
What CPAs need to know about new PPACA forms
This filing season, certain employers, as well as providers of minimum essential coverage, will have to meet significant information-reporting requirements.
These steps can help you embrace an exciting retirement
This column seeks to dispel four fears that retirees have and share a six-step strategy for creating a life after work.
How to manage underperformers
In order to ensure that you are engaging the best and the brightest employees in the firm, you must learn to handle and manage the underperformer.
7 communication tips for new tax managers
These tips can help managers provide effective coaching and feedback to less-experienced tax preparers during busy season.
Retiring the billable hour as a measure of performance
Measuring employee performance based on the number of charge hours worked is a practice that can create multiple problems for firms.
Tell your client to hang up on the ‘IRS’
But when the “IRS” calls your client, it probably isn’t really the IRS.
Manager Survival Series: The chronically late or absent employee
This article offers tips on to how to handle the chronically late or absent professional employee in the typical workplace.
Heading off into the sunset? Avoid these 5 retirement pitfalls
This column outlines five important retirement mistakes for CPAs to avoid.
Essential questions new partners need to ask themselves
What partners focus on during their first hundred days can set the tone for the rest of their career.
How to tell if a recruiter is actually helping you
If a recruiter pushes you to take a job or accept a candidate that you’re not sure about, he or she is probably not the right person for you to be working with.
Concerned about your audit quality-control system?
A firm needs a system to ensure it is taking on the right clients, carefully monitoring audits, and making sure employees are performing competently and ethically.
How to get answers to your ethics questions
Even CPAs who are well-versed in the AICPA Code of Professional Conduct sometimes have questions about how it should be applied.
How Medicare Part B premium increases will affect your clients
Premium hikes will be much smaller than anticipated thanks to a new law.
Building trust with your team
Improving trust among team members could be the answer to an organization’s talent-related challenges.
How CPAs can start their own business
An accounting background provides a helpful leg up for entrepreneurs or those who want to invest in an existing business.
What clients want from CPAs
Properly managing client relationships is a key to repeat business and to generating referrals.
Your clients may know less about retirement planning than you think
To make sure you and your clients are on the same wavelength, start by getting a comprehensive look at their retirement goals and plans.
Best practices to improve account reconciliation
Account reconciliation may be a familiar task for many CPAs and CGMAs working in business and industry, but there is always room for improvement.
Here’s how to fix problems caused by late and amended Forms 1099
Brokerage firms’ practice of issuing late and amended Forms 1099 is causing many taxpayers provide data to preparers later than in prior years to avoid having to file amended returns
Features
FROM THIS MONTH'S ISSUE
Handling increased enforcement of unclaimed property notices
States are changing enforcement of unclaimed property notices. Learn best practices of how companies can tackle compliance and prevent penalties and audits.
