How to manage clients’ high expectations for retirement

Mrs. and Mr. Penny are sitting in their CPA financial planner’s office. Mrs. Penny, a 66-year-old community college professor, retires at the end of the school year with a modest pension. Mr. Penny, a 67-year-old construction foreman, plans to retire next year. Neither paid much attention to their retirement savings until about five years ago, […]

How you can help reduce red tape for your firm

Running a CPA firm today has plenty of challenges. As business clients expand their operations at an accelerated pace, CPAs must monitor multi-level tax compliance, international treaties and a host of global accounting and reporting standards. CPAs also stay current on technical standards and find, recruit, train and retain top talent in a competitive economy. […]

Why some healthcare companies are betting big on blockchain

Quick — what’s the first thing you think of when you hear the word blockchain? If you said bitcoin or some other type of cryptocurrency, you’re not alone.  Most people associate blockchain with cryptocurrencies, trading, and remittance platforms. But blockchain technology, which serves as a digital ledger for information, is making a name for itself […]

What to pack on your after-tax season getaway

You did it. After 11 weeks of nose-to-the-grind work, you’ve successfully put another filing season behind you. Looking back, you undoubtedly see how this year’s season was like no other. A government shutdown, tax transcript changes, new rules — you navigated them all. You’re a champion for your clients, and you deserve some time to […]

Settling disputes: A job for artificial intelligence

If you have siblings, you’ll remember the need for a third party to referee the most important of childhood disputes. Whether you were calling ‘shotgun’, fighting over the television remote or reluctantly sharing the last chocolate chip cookie, an adult often had to step in. Consider this one of the oldest versions of conflict-resolution training. […]

CPAs are playing a leading role in financial literacy

Earlier this year, U.S. consumer debt reached $4 trillion for the first time ever– with one trillion of that figure consisting of credit card debt alone, also a record high. Debt isn’t inherently bad if you have a plan to pay it off without incurring interest charges. But paying down loans competes with other financial […]

How to succeed in business according to female professionals

How do we encourage women to claim their seat at the table without having to wait for someone to pull it out? Being a woman in the workplace comes with its own set of possibilities and challenges. Yes, your perspective is unique and nuanced, but will it be supported if you’re the only woman in […]

A tax practitioner’s friendly reminder on ID theft

You knew this busy season would be a tough one. But just like every other season before it, you’ve rocked the challenge. With a little more than two weeks left to go, you’re well on your way to a hard-earned vacation. At this point, what could go wrong? A lot if you’re not paying attention […]

Top considerations when building a business out of your home

Whether you’re an Etsy shop owner or a CPA seeing clients out of your home office, there are a variety of things that vary from owning a brick and mortar business. I recently spoke with Kelly Ward, CPA and co-owner of Robinson & Ward, P.C., on The Small Biz Brunch podcast, and she provided the […]

Your stress isn’t just affecting you; it’s hurting business

Did you know that the effect of one mild-to-moderately stressful event can last hours in the body? What if you added to that by the barrage of demanding emails, last-minute deadlines, family obligations and a never-ending list of errands? As you can see here, when combined with other demands, that one stressor can last days, […]