Show Me the Margins: Six Ways to Take Home More of What You Earn this Tax Season

Options to grow your profits besides raising revenue and lowering costs.

By Sandi Smith, CPA
 Accountant's Accelerator

Many accountants these days are anxious to hit the golden $100,000 mark this year.  Others are interested in growing their revenues steadily and incrementally.   Still others are focused on lowering costs, raising profits from that side of the equation.

Sandi Smith

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All of these approaches are well and good to help you keep more of what you make, but there are far more options to grow your take-home dollars besides raising revenue and lowering costs.

Here are six more ways to get more profit out of your practice:

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Rick Telberg

Rick Telberg

About the Author

Rick Telberg is a veteran analyst, advisor, commentator, editor and publisher. He brings a unique background and perspective to research and advisory services for the professional services community.

Mr. Telberg may well be the accounting profession's most widely-known commentator through his long associations with the American Institute of Certified Public Accountants, Accounting Today magazine, and today, CPA Trendlines.

As an expert in management, marketing, media and e-commerce, Mr. Telberg has served as Senior Editorial Director of Pro2Net Corp., now www.smartpros.com, and as Director of Online Content at CPA2Biz, www.cpa.com.

Previously, Mr. Telberg served as the early Editor-in-Chief of Accounting Today, and as Vice President/Group Publisher at Thomson Financial (now SourceMedia), overseeing Practical Accountant, Accounting Technology, and what is now AccountingToday.com.

Mr. Telberg was presented with a special citation by the National Society of Accountants for service to the profession and has served on a variety of boards and steering committees, including BKR International and the IBM Small Business Advisory Council. He is a graduate of New York University.

Click here for more by Rick Telberg