Today's Features —

Celebrating the End of Tax Season 2014

Celebrating the End of Tax Season 2014

Some of our favorite comments from some of our favorite readers…


Tax Season Success Drivers: Better Software, Easier Clients, Higher Billing Rates

Tax Season Success Drivers: Better Software, Easier Clients, Higher Billing Rates

Annual CPA Trendlines Busy Season Barometer…


Tax Professionals Plagued by Tough Competition

Tax Professionals Plagued by Tough Competition

Trials and tribulations…


16 Questions before Merging Up

By Marc Rosenberg

1. Are there one or more partners at the larger firm who will be retiring in the next 5-10 years?

2. Will the retirement obligation to one dominating partner be so large that the firm cannot afford the payments?

3. Will the retirement of one or more key people in the next few years threaten the larger firm’s ability to maintain partner income levels? READ MORE →

Make Risk Work for You



How to turn risk into a business opportunity.

By Sean Stein Smith, CPA, CMA, CGMA
A Fresh Pair of Eyes

Risk is an inevitable part of life, as well as being inherent in every business transaction that is undertaken, or not undertaken.


6 Reasons to Keep Partners from Retiring



And 4 ways to put them to good use.

By August J. Aquila
Creating the Effective Partnership

There may be some senior partners who want to spend their remaining years basking in the sun or playing golf. But, given the negative and low returns of the stock market the last few years, more senior partners will be concerned about their economic future and will want to stay involved in the profession. This can be a win-win situation for both parties or it can be a lose-lose.

Senior partners have a wealth of knowledge that you don’t want to lose. For example, they possess: READ MORE →

The Top 10 CPA Firm Problems that Technology Can Address


New survey shows technology’s role in turning challenges into opportunities.

By Rick Telberg

Ask a practicing accountant what keeps them awake at night, and you’ll get many of the same answers in one form or another: clients, expenses, staff or technology. And that’s borne out in the first annual Accounting Firm Operations and Technology Survey, offered exclusively by CPA Trendlines. READ MORE →

Efiling by Tax Professionals Declines by 207,000 Returns

Through April 12, with only days to go, the nation’s professional tax practitioners had efiled almost 62 million returns, down about 207,000 from the same time a year before, or 0.3%. That may represent something of a last-minute recovery, considering that at one point in the season the profession was behind by as much as 5%.

Meanwhile, the number of self-prepared returns climbed 4.5% to 39.3 million.

Screen Shot 2014-04-21 at 10.51.21 AM


What Shopping Habits Reveal about Accounting Clients

open signThe four flavors of new clients.

By Hitendra Patil
Pransform Inc.

Tax season is over and you made it through the home stretch, significantly tired but scraped through!  Now is the time to rethink your business model on the new learning from tax season and to restart looking for new clients. You don’t want to create more “C clients” that suck the energy, time and profits like a vortex.

Not sure how to estimate the value of your prospects? You may want to learn their shopping habits. READ MORE →

Succession Planning for CPAs: Just Imagine

Ed Mendlowitz CPA The Practice Doctor Q and AQUESTION: I am 57 and have become very concerned about retiring and what I could get for my practice, how long I would have to stay and how the whole process works. I believe I’ve read all of your Q&As but have never heard you speak on this subject. Is there anything you can give me to read that sort of ties in everything?

RESPONSE: For CPAs in practice, succession planning takes on a meaning other than what it might seem. Many of the CPAs I know find it difficult to imagine themselves retiring, and therefore do little in the way of planning. For those who think they will work until they drop, stop reading now and go to the Sudoku puzzle, because that will probably provide you with more gratification in the long run. READ MORE →

Ten Things Every Firm Needs to Make Clear Firmwide

The main categories of information for internal communications and management.

By Bruce W. Marcus
Professional Services Marketing 3.0

While the substance of information varies from firm to firm, there are 10 categories that cannot go unconsidered: READ MORE →

Merging Upward: 15 Reasons Small Firms Are So Anxious About Merging

By Marc Rosenberg

1. Loss of control

2. Loss of control

3. Loss of control READ MORE →