Author: Seth

While the software company may have its differences compared to other accounting and finance platforms, this headline is not. I posted this two years ago after attending the last Xerocon U.S. event, and in that time the question still remains: how do they really stand out? Moreover, as accountants gear up for “conference season,” attending… Continue reading Is Xero All That Different?

A pointed statement, I know, but the fact is that while technology permeates nearly every aspect of an accountant’s work, the relationship between the two parties could be vastly improved. In a recent interview with Accounting Influencers Roundtable co-founder Rob Brown, he asked me and numerous other noteworthy observers and downright influential souls in the… Continue reading Vendors Can Do Better to Serve Accountants

I have a book chapter! In the upcoming ‘Holistic Guide to Wealth Management‘ by Rory Henry, CFP, BFA, my chapter helps set the stage by explaining why now is the time for CPAs who have not done so to look into wealth management and family home office services. In my section of the new book,… Continue reading Why CPAs Should Embrace Wealth Management

Trust me, this has nothing to do with physical appearance and everything to do with how accounting is perceived and practiced. In this recent podcast interview with Accounting Today Editor Dan Hood, I share my thoughts on what it’s going to take for this profession to truly progress and even sustain itself.

A harsh statement, for sure, inspired by a sign I saw on the way to band rehearsal, but it speaks to many truths in the accounting space. The idea of leaving one’s zone of comfort, by nature, sparks hesitation. And, if we’re being honest, when it comes to accounting, what most are comfortable doing is… Continue reading Your Comfort Zone Will Kill You

As part of my Tax Chat series with CPA Trendlines, I had a very pointed discussion with Randy Crabtree, CPA, about the need for accountants to properly manage stress during the busiest times of the year and throughout their lives.

For accounting professionals, especially those that are tax-focused, this time of year can be particularly trying. But never forget, you have a community there to support you, and the best way to do so is just to check in with your colleagues. Taking the time just to see if someone in your profession, whether you… Continue reading How is it Going For You?

Client Advisory Services, or CAS, has for years been touted as the ‘savior’ of the accounting profession, but few have provided a true roadmap (with pitfalls included). The promise to accounting firms is higher revenue, and not needing to work with as many clients is attractive. Unfortunately, there are aspects of starting a CAS practice… Continue reading What No One Tells You About Starting a CAS Practice

Tax notices from the IRS are coming, particularly for high-earning clients. While most in the know have been saying for a while now about this coming “wave,” you ultimately need to prepare your clients for compliance, remittance, and resolution. While I did not write this piece, I did speak to and edit it for Eric… Continue reading Get Your Clients into Compliance