Tax season is a stressful time for taxpayers and their accountants. However, there are ways to make it less, well, taxing for everyone involved. Prepare your clients for Tax Day by sharing the following five tax return tips for making the entire process easier, faster, and less prone to error. Make sure you have an […]
Displaying: May 2023
How technology has impacted the CMA profession
The one thing that every certified management accountant (CMA) needs is more time. The highly detailed work of accounting — especially financial accounting — imposes time demands that can never be met. Until now. Technology has already disrupted the landscape for accountants; now, the tremors are seismic. The CMA profession is embracing technology tools that […]
7 ways to re-engage with tax clients
During the busy tax season, you likely spend significant time engaging with clients. You answer emails and text messages, take phone calls and schedule meetings, all in preparation for Tax Day. But what happens after your clients’ tax returns are filed? One option is to say, “See you next time,” and not contact them again […]
How to price tax preparation services
If you’re starting your own tax and account business, one of the most important decisions you’ll have to make is how to price your services. Determining your prices can be tricky and frustrating as prices vary widely from region to region and firm to firm. Pricing models (by the hour, by form, etc.) can also […]
4 business challenges new CPAs face
In a world of increasing financial complexity, CPAs are in high demand. They earn excellent pay and hold exalted status for their ability to keep clients and organizations financially stable. With experience and professional credentials, they build the specialized skills to climb the career ladder into management and even the C-suite. The CPA profession is […]
6 study tips for tax professionals
If you plan on taking a professional certification exam or continuing education (CE) course, you’ll need to put in a lot of study hours. For tax professionals who have been out of school for a while, getting back into the study habit can be challenging. However, following the six tips outlined in this article will […]
5 tips to avoid study burnout
Studying for a major certification examination, such as the CPA, CMA or EA Exam, is a huge undertaking. According to the AICPA, test-takers should spend a total of 300 to 400 hours studying for the CPA Exam. Many candidates take any spare moment they can find to hit the books, whether that means waking up […]