Tax Prep Workflow; A Christmas Story
Once upon a time, in an Arizona Desert far from the North Pole, there lived a tax nerd named Liz. She was a giant...
10 Benefits of Having a Niche Advisory Services Practice
As automation and technology replace and ease some of the traditional compliance and bookkeeping activities for tax and accounting professionals, those working in advisory services have become the...
The 8 Habits of Highly Effective Tax Planners
Over 30 years ago, Stephen Covey published “The 7 Habits of Highly Effective People." The book became a bestseller and is often referenced to...
The Great Pricing Debate
For as long as I have been in public practice, I have heard the pricing debate. We are all familiar with the three typical...
Tax Prep Technology: Where to start in choosing the right fit
Tax technology is its own beast. For professionals, there are the major players, the minor players, and the direct to consumer players trying to...
How to “Cloud Accounting” for Tax: Practice Management Opportunities for Improvement
In the last article we discussed the “how” of assessing process and tools (read it here). In this article I am going to explore...
Canopy: The Real Story of Discontinuing Their Tax Compliance Product
A little over a month ago, Canopy dropped a bomb on its tax compliance customers – they decided to discontinue their support for their...
What in the World is Design Thinking for a Tax Firm?
I am sure all of you have heard the term Design Thinking - and probably tossed it aside since Design Thinking could not possibly...
Propelling Your Firm Forward in 2021
With the 2020 tax year almost behind us, it’s important to take time to set your firm, and your clients, up for future success....
A Process for Efficient Process Improvement
Process, process, process. Repeat after me, “It all starts
with process.” That is my mantra for efficient systems. My team is sick of me
asking them...
Latest article
AI in Accounting
Artificial Intelligence (AI) has brought about a revolution in various industries worldwide and is set to play a pivotal role in shaping the future...
Is a Court Case Redefining Income
Moore v. United States is challenging certain tax provisions that were originally put into place by Congress in 2017. The 2017 tax law changes...
An AI Powered Tax Season
Insightful Accountant hosts the last Future Forward of 2023 this week. Leading up to tax season, efficiency, organization and preparation are key and Wednesday’s...