The Financial Accounting Standards Board (FASB) issued a Standards Update on Financial Instrument Credit Losses. This update will be testable on the CPA Exam beginning in January 2020.
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5 Marketing Things to do this Summer
What’s on your summer to-do list? Summer may not be tax season but there’s plenty for tax preparers to do to get ready for next year and bring in more business. Owning a business is a year-round endeavor, if you want to get a leg up on your competition, here are 5 marketing things to do […]
Mind Your Manners, Tax Pros: Business Etiquette for Tax Preparers
Tax preparation is more than just numbers, it’s relationship building and customer service. While the entertainment business portrays us as curmudgeons and socially awkward nerds, the reality is if we played those parts in real life, we wouldn’t have any clients! Etiquette is extremely important in the tax preparation business. The goal is to make clients feel as […]
Are You Communicating Enough with Clients and Staff?
Communicating effectively with clients and staff is important for any tax office – or any business for that matter! Communication ensures that everyone is on the same page. It ensures that your staff and your customers know what’s going on or what they should be doing. Are you communicating enough? Here’s a rundown of some […]
6 Things to Consider If You Want to Open A Tax Business
Thinking about opening a tax business? It’s an option we challenge many of our students or Continuing Education Tax Practitioners to seriously consider. Starting your own tax business doesn’t have to have the overhead and restrictions of starting a tax franchise. It’s as easy as getting a business license and tax software to get yourself […]
Five Things Tax Preparers Could Learn From the Military
May is National Military Month – a month set aside to honor those who serve: past and present. Military personnel learn a lot throughout their training and experience that we as tax preparers should take note of. Here are five things tax preparers could learn from the military. Discipline Discipline is a core value in the military, […]
Could Tax Preparation Be A Side Hustle?
Have you heard the term “side hustle”? It’s a fairly new phrase that refers to making extra money on the side. Side hustle could be extra money you earn while pursuing your passion or a way to delve into your passion by pursuing it on the side. Either way you look at it, tax preparation […]
2017 CPA Exam structure finalized
Effective April 1, 2017, the exam structure by section was changed. Read more to find out how exam section - AUD, BEC, FAR and REG, was affected by these changes.
What’s the new CPA Exam break in 2017?
One of the new features of the new CPA Exam arriving April 2017 is an opportunity for CPA Exam candidates to take a break during their test. Read more about this new optional break.