Six Steps to Earn Your MBA

I am a big fan of a personal/business coach, Tommy Newberry. He, through his books, CD’s (old school), podcast’s, etc. has had...

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...

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...

5 Ways to Keep Up with Social Media During Tax Season

It’s the beginning of the year and you know what that means… tax season is upon us. During the tax season, as...

Tax Practice of the Future: Create a Compelling Vision

This is part of our Tax Practice of the Future series. See part one here, part two here. Firms who have...

Setting Deadlines for Tax Documentation Submission

Depending on your goals for growing your tax practice, streamlining your process to onboard tax clients should be one of the easiest...

Create Your Tax Practice of the Future

There’s a quiet transformation taking place in our profession. Owners of leading tax & accounting firms are embracing new...

Tax Season Vacation

Vacation During Tax Season? WHAT???? This tax season, Powerful Accounting handled the stress of the season differently than any other...

Highlights from Powerful Accounting

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Well, we are almost four weeks into Tax Season and I decided to look at where we stood last year with filed tax...

5 Key Tax Workflow Tips for the 2019 Tax Season

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As the start of the filing season approaches, put some time into identifying those pain points you experience in this tax season...

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Paycheck Protection Program Flexibility Act – Passed by the House

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Earlier today the House of Representatives passed H.R.7010 - Paycheck Protection Program Flexibility Act of 2020 that would favor many small business owners. This bill is now sitting on the Senate to vote on and move forward.

How to “Cloud Accounting” for Tax: The Template for Change Management

In the last article, I address the three pillars of change management. Please read that here. Once you have a good, fundamental...

IRS announces Form 1040-X electronic filing options coming this summer; major milestone reached for...

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The Internal Revenue Service announced today, May 28, that later this summer taxpayers will for the first time be able to...