It’s better than last week’s 704,000-return deficit.
But IRS data shows the professional tax preparer industry is still running behind year-ago rates, with 48.8 million returns e-filed in the latest week, compared to 49.2 million in the year-ago period. READ MORE →
By Ed Mendlowitz
Top 101 Practice Management Answers
QUESTION: It is tax season and I am very busy, but many clients need financial planning advice and I want to make it a separate engagement for after tax season. What can I do now to get the work? READ MORE →
New trends emerge in net profit margins and accounts receivable.
After years of intensifying and debilitating pressure on bottom lines, profits at tax, accounting and bookkeeping firms appear to be hitting 10-year highs, according to information obtained by CPA Trendlines from Sageworks, the specialist in tracking private-company financials. READ MORE →
Step 1: How to find the right candidate.
Every merger is different, says Marc Rosenberg in How to Negotiate a CPA Firm Merger. “It’s impossible to choreograph, from A to Z, exactly how the process for all mergers will work.” In this 20-step roadmap, the milestones are laid out in the order they most commonly occur. Each twist and turn has its own perils. And they don’t necessarily come in the same order every time.