Tax Practice of the Future: Create an Advisory Workflow in the Cloud
Creating an advisory workflow in the cloud is the second pillar common to leading firms on the journey to create their ideal practice. Among...
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...
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...
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...
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...
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...
Filing Season Is HERE!
I have had the pleasure of reading many articles and watching conversations around the new tax forms and how “easy” tax preparation will be. It...
Latest article
Are you taking on too much?
Most of us have heard the phrase “jack of all trades,” and we usually use it as a term of endearment to compliment seemingly...
Topel Forman affiliates with Avantax for wealth management, financial planning services
Accounting firm Topel Forman L.L.C. has affiliated with Avantax Planning Partners℠, Avantax’s employee-based RIA (registered investment advisor) to provide comprehensive tax-focused financial planning and...
Old school accounting firms are dead
Talent shortages are impacting every industry across the nation. Forbes recently reported that talent shortages could create up to 85 million unfilled jobs over...