Author: Seth

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

Tax season can often feel like running a marathon, and much like those runners, tax pros can also hit “the wall,” usually right around now. You feel it physically and mentally. Calls and emails are coming in about the most basic questions. You’ve been on the phone with the IRS for too many hours to count. The 10th… Continue reading What Can Accountants Do When They Hit a Wall?

A few weeks ago, I published an article  about how progression in accounting won’t happen until firm leaders and even staff learn to operate outside of their comfort zones. But how does one live in the uncomfortable? It all starts with a discussion. This is what happened at a recent Accounting Alchemy Network lyceum that… Continue reading How to Live in the Uncomfortable 

I recently joined Laurence Whittam of Impact Global Solutions on the Business Beyond Borders podcast. We discussed achieving life-work balance as well as the opportunities that live events, new and existing, bring to the profession. We also dove into these topics:

In what may seem like a familiar product, Intuit recently unveiled QuickBooks Solopreneur, a tax and finance tool designed specifically with the solo business owner in mind. According to Intuit, the new offering was designed to allow solo business owners (yes, this includes ‘gig workers’) the ability to: At first glance, those familiar with the… Continue reading Intuit Introduces QuickBooks Solopreneur

Tax professionals have long had issues with some aspect of tax prep work, but rarely to the point of wanting to leave it and accounting all together. This has been the state of mind for a growing number of tax pros of late, predominantly since the pandemic. But leaving it all doesn’t have to be… Continue reading What Tax Representation as a Service is About