The Tax Field is Broken
Imagine that you run a local diner. In the past, you’ve had busy times such as the lunch rush or dinner rush where it’s overwhelming, but the busy times come and go and most of the time it’s just...
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The 4 Factors of Small Business Success
Image courtesy of user “johnhain” on Pixabay.com I wrote about this topic in a post a couple of years ago, where I was pushing back against the “experts” who say accountants need to be more “proactive”...
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I Don’t Like Calling Myself a “Tax Expert” Anymore
Image courtesy of user NeuPaddy on www.pixabay.com The National Association of Enrolled Agents bills EAs as “America’s Tax Experts.” At various times in my career I have been introduced to people as a...
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6 Things You Might Not Know About Enrolled Agents
Posted on the AccountingWEB website on Friday: a new article by me called “6 Things You Might Not Know About Enrolled Agents.” For this article, I freshened a series I did on this blog in late 2014...
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You Can Afford Employees But Not an Accountant?
At a presentation I gave to new and prospective business owners a few years ago, someone said the following to me (and I’m paraphrasing): “I hired employees and I don’t really know what I’m doing with...
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Should You Get a Second Opinion on Your Accountant’s Work?
Image courtesy of user johnhain on Pixabay.com Should a taxpayer and/or business owner get a periodic second opinion on their accountant’s or tax preparer’s work? That question was posed to me at a...
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Can an Accountant “Save” a Struggling Business?
Image courtesy of user “777546” on Pixabay.com This is a follow-up to one of my recent editorials about the pitfalls of “proactive planning” with business clients. The “experts” say accountants are...
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The 4 Choices a Small Business Owner Has When Their Business is No Longer a...
Many of the business clients I work with are either side businesses, or side businesses that are turning into “real” businesses. I’ve written before about the struggle of taking a side business and...
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Mistakes I’ve Made: Not Including Prior Refund on Amended Return
Image courtesy of Pixabay.com I am oftentimes critical on this blog of other tax preparers and the mistakes I see made on the tax returns of new clients. Normally I take a “but by the grace of God go...
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What Happens to Clients Who “Want a Second Opinion”?
Image courtesy of Pixabay.com Something I always wonder: when a client claims to be unhappy with how their tax return turned out, and so they go somewhere else, what ends up happening with that client?...
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