The FASB issued ASU No. 2015-11, Inventory (Topic 330), Simplifying the Measurement of Inventory, in July as part of its Simplification Initiative.
Displaying: September 2015
Executing Your Strategic Plan With A Balanced Scorecard
Do you have a strategic plan in place for the growth of your business? If so, good for you! (If not, you might want to check out this blog post). Strategic planning is crucial to growth no matter what industry you are in; but for the tax industry and all of the changes we’ve been […]
Becoming a Tax Business Owner Doesn’t Take Much
Set your own schedule. Make your own rules. Answer only to your clients. Who doesn’t want to be their own boss, right? If you’re getting into, interested in, or are already working in the tax industry, you may be surprised at what little it takes to start your own business as a tax preparer. Getting […]
Adopting A Servant Leadership Model For Your Tax Business
Servant leadership is at the heart of how we do business both at The Income Tax School and at Peoples Tax, our sister company. It’s so important as a business owner that you set strong values for your organization to follow. For us, servant leadership is one of those values. As a business owner, the […]
Study: Accounting leads most profitable industries
According to a new ranking, accounting, tax preparation, bookkeeping and payroll services are collectively the most profitable industry in the nation.