Monthly Archives: March 2012

New Tech Tactics for Killing the Billable Hour

By

L. Gary Boomer
Boomer

Packaging, pricing and naming high-value services has never been easier.

by L. Gary Boomer
Boomer Consulting

The CPA is the most trusted business advisor, yet many CPAs continue to focus on transactional rather than advisory services. Why?

Old habits are often hard to break and change is difficult. Transactional services have become commoditized and the hours required to produce them have been reduced or eliminated by technology. This is bad for the accountant that is focused on transaction work and good for the trusted advisor who is able to provide value at a higher level while leveraging the technology to complete the transaction at a low cost to the client.

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How Are You Celebrating the End of Tax Season?

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We’ve been asking. And you’ve been answering.

Here are a few of your post-tax-season plans…

  • Why retire at 63 when it is this much fun.
  • We will probably go out for drinks and dinner after closing the office.
  • We usually go to Tahoe and Ski. Since I hurt my knee ice skating, we are taking the family to Disney for 4 days.

    Complete findings are published in The CPA Trendlines Practitioner’s Tax Season Performance Review and Outlook Report. (Learn more here)

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From Car Keys to Checkbooks, Technology Kills

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To the tume of ‘VIdeo KIlled the Radio Star.’

From Erik Qualman, the author of Socialnomics and now “Digital Leader: 5 Simple Keys to Success and Influence,” a new video showcases what technology will replace within this decade. … Continued

Average Accounting Wage Hits $27.10 Per Hour

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2011 finishes at new high. Average hourly earnings across all employees in the accounting and bookkeeping slipped slightly in the latest month, but rang in a solid gain year to year. With more than 970,000 workers, the Bureau of Labor … Continued

Five Questions to Ask before Going to the Cloud

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Protect your data and yourself.

Jason Rosenthal
Jason Rosenthal

Attorneys Jason Rosenthal and Nicholas Gowen warn “There are perils in the cloud. Servers can be hacked, destroyed by natural disaster, or attacked by a computer virus, which can lead to data being breached, lost or otherwise compromised.”

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No More 40-Hour Weeks in Accounting?

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Accountants may be winning the war for work-life balance. The number of average weekly hours worked for non-supervisory employees in the accounting and bookkeeping industry slipped to 33.2 in 2011, down from 33.4 and continuing a 20-year trend since 1990, … Continued

How to Survive Tax Season: 100 Real-Life Ideas… and Counting

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How do you survive tax season?

You’ve been answering, by the hundreds. Here’s a sampling of the responses we’re getting in the busy season barometer poll.

  1. Forge ahead.
  2. Take personal weekend in middle of March to catch a breather.
  3. I workout every evening/night for about 2-3 hours, and the routine seems to eradicate any negativity
  4. Exercise and a good meal.
  5. Yes been easier this year many clients came in early
  6. KEEP ON TOP OF CLIENTS REQUIREMENTS, EVALUATE RISK/RETURN(ADVICE) TRADE OFFS.
  7. By learning how to still be breathing on 4/16 READ MORE →