The Great Pricing Debate

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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

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Tax technology is its own beast. For professionals, there are the major players, the minor players, and the direct to consumer players trying to...

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...

Tax Practice of the Future: Create an Advisory Workflow in the Cloud

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Creating an advisory workflow in the cloud is the second pillar common to leading firms on the journey to create their ideal practice. Among...

Canopy: The Real Story of Discontinuing Their Tax Compliance Product

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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...

The 8 Habits of Highly Effective Tax Planners

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Over 30 years ago, Stephen Covey published “The 7 Habits of Highly Effective People." The book became a bestseller and is often referenced to...

A Process for Efficient Process Improvement

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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...

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...

Saying No: A Formula for Success

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Have you ever wanted to yell NO to a client project because you knew it would mean you were stuck in an office all weekend?...

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Plan Ahead to Prepare Your Firm for New Developments and to Meet Emerging Challenges...

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There is a confluence of regulatory changes, emerging trends, and an evolving technology landscape that is reshaping the accounting profession. With so many developments...

Cybersecurity & Compliance: Is Antivirus Enough?

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A question that comes up a lot is, "I have antivirus on my computer. Isn't that enough for whatever I (or anyone else) should...

Why Monitoring These 3 Trends in Regulatory Changes is Essential for Accounting Professionals

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Every day, accounting professionals are faced with a growing burden of regulatory and compliance requirements, with more looming ahead in 2022 and beyond. While...