Experience is the Best Teacher!

Experience is the Best Teacher!

I just returned from a three-day retreat for CPA firm owners. It was at the Hotel Hershey in Hershey, PA.  At this retreat, small accounting firm owners mentor each other, share with each other and sympathize with each other over the trials of running a...
Ethics in Tax Practice

Ethics in Tax Practice

In the course of operating a tax practice, we sometimes find ourselves dealing with issues and situations that seem harmless or insignificant, but that are really landmines waiting to explode. As practice owners, we must set the standards of performance and adherence...
The annual IRS Tax Forum is here!

The annual IRS Tax Forum is here!

This week, I will be attending the IRS Tax Forum at the Gaylord Hotel in National Harbor, Maryland. The forum is a special opportunity for Tax Practitioners to attend presentations where the internal processes of the IRS are discussed. This offers insight in to...
Sometimes not working can make us more productive!

Sometimes not working can make us more productive!

Unless you work in this industry or are married to someone who works in this industry, you probably don’t fully appreciate the demands of a “tax season.” The average CPA makes about 67 percent of their annual income during the months of January to April. It is a lot...