bissett bullet: many sources of rain
today’s bissett bullet: “a proactively managed pipeline has several components, all working together to afford you the ability to accurately forecast fee growth for your firm.”
by martin bissett
today's features
doug slaybaugh: coaching unlocks professional success | arc
“coaching isn’t about fixing people—it’s about helping them unlock their full potential.”
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holistic guide to wealth retention, by rory henry
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accounting arc
with donny shimamoto
center for accounting transformation
for many accountants, career progression follows a predictable path—graduate, gain experience, and work toward a leadership role. however, as the industry transforms, many cpas find themselves seeking something beyond technical expertise: personal growth, leadership skills, and work-life integration.
that’s where doug slaybaugh, cpa (a.k.a., the cpa coach), comes in.
more accounting arc: demystifying accounting governance | top 10 red flags to watch for in accounting offices | jeremy dubow: private equity as a catalyst for growth | break the burnout cycle in accounting | accounting in transition: 2024 reflections & the road ahead | ron baker: visions for the accounting profession | angie grissom: next gen inspo for accountants | does accounting belong in stem? | rose wang: where numbers meet strategy and creativity | tiktok fraud exposes gaps in financial literacy | how accounting pros own the stage in public speaking | greg kyte: being a cpa is like being the marie kondo of numbers | rachel bashore: a lawyer’s case for reinventing accounting | beyond the basics in ethics eduction | bailey lenart: from ledger sheets to transformational change
a former big four auditor and regional firm partner, slaybaugh now dedicates his career to helping accountants thrive through professional coaching.
slaybaugh’s journey into coaching wasn’t a straight line. after spending years in public accounting, rising through the ranks at arthur andersen and later price waterhouse, he realized his passion wasn’t just in financial statements—it was in people.
tax pros see better year for those close to home
nationally … they’re not so sure.
by 卡塔尔世界杯常规比赛时间 research
cpas, enrolled agents and other tax practitioners are always on the front line of the economy. with offices in tens of thousands of locations across the country, they know who’s making money and who’s struggling.
according to early results from the 2025 busy season barometer, accountants have completely reversed their 2024 predictions for the economy.
more: art werner: the godfather and tax issues | quick tax tip | advanced tax preparers need managing, too | the top ten problems the irs still needs to fix | tax pros gear up for a better busy season | irs processing up; payouts down | help tax clients help you | art werner: beneficial ownership and control | four challenges of managing new tax preparers | irs funding pays eye-popping 415x roi | tax season 2025 begins. ready or not. | every tax reviewer should be able to answer these ten questions | taxpayer advocate sees big improvements at irs | ask tax clients the right questions | major changes to circular 230: implications for tax professionals | cornerstone report
exclusively for pro members. log in here or 2022世界杯足球排名 today.
a mirror image
what a difference a year can make. look how the numbers have switched places, almost as if in a mirror image.
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art werner: the godfather and tax issues | quick tax tip
the corleone family’s quest for legitimacy mirrors modern business succession planning.
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quick tax tip
with art werner
cpe today
imagine a tax class inspired by “the godfather” by mario puzo. beyond its thrilling narrative of crime and family loyalty, this iconic novel is surprisingly rich in business succession and adaptation lessons. while such a class might remain hypothetical, its concept offers a fascinating lens for understanding contemporary tax issues like the corporate transparency act (cta).
at its core, “the godfather” chronicles the corleone family’s struggle to transition their empire from illegal activities to legitimate business ventures. this narrative mirrors the challenges many businesses face in succession planning: ensuring smooth continuity while navigating regulatory landscapes. for tax professionals, the story underscores the importance of understanding compliance and transparency requirements, particularly as they pertain to ownership structures.
what if you could start over?
spend a few minutes imagining a clean slate.
by ed mendlowitz
tax season opportunity guide
we all get caught up with what we do. sometimes so much that we lose sight of what we are doing and the purpose.
more by ed mendlowitz
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also, work happens. many of us start out with lofty plans that go astray as the practice develops. many things cause it – clients we get, availability or lack of availability of the right staff, how we choose to learn or not learn new things, and even where we locate.
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advanced tax preparers need managing, too
four best practices.
by frank stitely
the relentless cpa
managing advanced-level preparers sounds easier than it is. these preparers will all have blind spots that appear at inconvenient times. some won’t be able to adapt to your internal procedures, because they worked at firms without well-defined procedures.
we had one person who insisted on printing out the prior year tax returns and workpapers before beginning a return. she said she just needed the paper in her hands. that didn’t work for us.
more by frank stitely
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she asked to be paid on a salaried basis. when we agreed, she then demanded to be paid on an hourly basis. we agreed to that as well. then she wanted to go back to a salary. she believed that whatever we agreed to would be bad for her.
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three questions about firm culture
you should be a team. but what kind are you?
by martin bissett
passport to partnership
this second c is a stormy and choppy one, often fraught with political icebergs but navigated diplomatically and with maturity, will lead you through.
more by martin bissett
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case study on culture
deborah had done well. she was bridging the firm’s culture gap and fulfilling its desire to be seen as an equal opportunities employer by becoming the practice’s standout rising star.
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steve evans: why traditional hiring methods fail | the disruptors
redefine how you hire and develop top accounting talent.
this is a preview. the complete 1-hour video episode, with commentary and transcript, is first available exclusively to pro members | go pro here
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the disruptors
with liz farr
in 2012, steve evans’ friend giles pearson, a big four accountant in new zealand, needed help. pwc kept making the same hiring mistakes because they had no way to assess a candidate’s technical accounting skills. steve, an expert in psychometric testing, thought it might take half a day to scour the marketplace for appropriate tests but found nothing useful.
more podcasts and videos: roger knecht: can you be an accountrepreneur? | beth whitworth: focus on outcomes not hours | mike sylvester: learn to say no | salim omar: identify your client’s $100,000 problem | jackie meyer: earn more with fewer clients | jack fleherty: don’t be a ‘yes’ person | greg adams: from finance to storytelling | the disruptors | jody padar: make radical changes now if you want to be relevant in 2030 | rebecca driscoll: amplify reach by helping other firm owners | rory henry: create the return on relationships | mike maksymiw: be the leader you wish you had | terrell turner: build a solid business showing up as yourself | kelly mann: be the bull in the china shop | alicia katz pollock: create a human-centric business | nancy mcclelland: be the one your clients ask first |alan whitman: stop accepting the status quo | sean duncan: discover your own genius | ingrid edstrom: true wealth is not financial |
“they’re all rubbish,” he recalls telling giles. “they’re out of date. they’re not country-specific. they’re not really accounting-specific. they’re just math questions dressed up as an accounting test.” out of that failure, accountests was born.
steve yoss: how powered bi connects data | quick tech talks
unlock insights quickly, from quickbooks to custom systems.
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quick tech talk
with steve yoss
cpe today
microsoft’s power bi revolutionizes how professionals and businesses interact with their data. this cutting-edge tool, designed for business intelligence and dashboarding, is user-friendly, highly versatile, and incredibly powerful. whether you’re working with sales, marketing, accounting, inventory, payroll, or other datasets, power bi seamlessly connects to nearly 100 native cloud resources—including quickbooks online—bringing your data to life through interactive dashboards, charts, maps, and graphs.
more steve yoss | more tech
one of power bi’s standout features is its ease of use. by simply entering your username and password, you can connect directly to quickbooks online without the need for third-party integrations or extra fees. moreover, its support for odbc (open database connectivity) makes it possible to integrate virtually any system, from inventory management to payroll and hr, or even external web data requiring login credentials.
move from a balance sheet orientation to a data orientation
rather than rely on sampling, you’ll use technology to find all the needles in the haystack.
by alan anderson, cpa
transforming audit for the future
most auditors have grown up their entire career with a balance sheet orientation. “i can audit any balance sheet,” is a common defense against making any of the changes needed to move into the future. it is not an easy task to think about a data-driven orientation.
more by alan anderson
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but the amazing part of moving to a data orientation is that it deepens your understanding of your client. you understand how data moves through their systems, a perspective you cannot have if you just look at the balance sheet. you start asking your client deeper questions, so you understand what these transactions do. i’ve had partners tell me that after they work with this data-driven approach, they’re embarrassed by how little they previously knew about their clients. conversations with your client are more profound, more valuable and more relevant when they focus on the kpis specific to a client and their industry.
read more →
ten client tips for deducting travel expenses | listicle
by 卡塔尔世界杯常规比赛时间 research
this is a list for cpas to give to clients.
more listicles here
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deducting travel expenses can provide significant tax benefits, especially for those who travel frequently for business. here are 10 tips to help you navigate the complexities of travel expense deductions:
- understand eligible expenses: only certain types of travel expenses are deductible, such as transportation, lodging, meals and incidentals related to business. do not try to stretch the definition of “business travel.” it’s not worth the risk.
four ways to provide wealth management in your accounting practice
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rob santos is ceo of arrowroot family office, which he founded in 2013, and of arrowroot advisors, an investment bank focused on m&a for software-based companies. he works with affluent families providing bespoke family office services. |
plus specifics on revenue potential.
by rob santos
the holistic guide to wealth management
at a california society of cpas conference our firm attended, a panelist said that before he made the transition to wealth management, he was very reluctant to register as an investment advisor. why? because he thought that registering would be too much trouble.
“eventually i made the decision to set up a separate ria firm,” he said “because as a cpa, we are regulated by the california board of accountancy. i didn’t want to also have another regulator, whether it was the state of california or the sec, in my accounting firm.”
more: profile of a modern firm: putting the vision into practice | toward a 21st-century cpa: a dynamic vision | what multiples mean to accounting firms | tsunami of m&a, pe is disrupting the accounting profession | why cpas are best positioned to become financial advisors | how wealth management has evolved | introducing you to a fulfilling return on relationships | rory henry upends the traditional accounting firm | why now is the time for cpas to embrace wealth management
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that cpa-turned-advisor hasn’t looked back since. he told us later that he only wished he had set up his registered investment advisor many years prior. by setting up a separate firm he must be “very careful” about which hat he is wearing. “i don’t want to be a registered investment advisor in my accounting firm,” he said, “and i don’t want to be an unregistered cpa in my advisory firm.” he also told me there are very clear lines that his colleagues follow when it comes to which firm does the services for their clients. “all things considered, the obstacles weren’t all that great,” he added.
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the top ten problems the irs still needs to fix
despite improvements, substantial issues remain.
by 卡塔尔世界杯常规比赛时间 research
erin m. collins, america’s national taxpayer advocate, has been unusually complimentary in her annual report on the irs, but that doesn’t mean she hasn’t identified 10 problems that should be – and could be – fixed.
more: tax pros gear up for a better busy season | irs processing up; payouts down | help tax clients help you | art werner: beneficial ownership and control | quick tax tip | four challenges of managing new tax preparers | irs funding pays eye-popping 415x roi | tax season 2025 begins. ready or not. | every tax reviewer should be able to answer these ten questions | art werner: corporate transparency act and fincen reporting | taxpayer advocate sees big improvements at irs | major changes to circular 230: implications for tax professionals | cornerstone report
exclusively for pro members. log in here or 2022世界杯足球排名 today.
all of these problems impact the tax preparation business. the impact is often indirect, hitting taxpayers who have a tendency to ask their tax preparers to do something about their particular problem.
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