Tax season might be over and summer/vacation time may be in full swing, but here’s something to keep in the back of you mind: there are about 257 days until the start of next season. So why not Carpe Diem – or better yet seize the summer to ensure you are spending the off-season making […]
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Why Peer Groups Are Important In Business
This past weekend I was recognized by the Virginia Council of CEOs. The Council announced the establishment of an annual VACEOs “Charles E. McCabe Leadership Award” in my name and made me the first recipient. The award recognizes those who make significant leadership contributions to the Council, and I am extremely honored to both have […]
Evaluating Tax Season
You made it! Tax season is over! While clients may not be piling through the door to have their tax returns filed, there’s still work to be done. Evaluating your season and planning for next season is an important task to tackle right now while everything is fresh. Before you pack that suitcase and head off […]
What to Tell Your Clients Who Are Late to the Filing Party
It’s late filing season and there are roughly 40 million taxpayers that have yet to file their taxes. Are some of your clients included in that number? Here are some things to communicate to clients regarding extensions. Automatic Extensions There are some taxpayers in special situations that qualify for automatic extensions. That’s right, they don’t even have […]
Are You Conducting Thorough Tax Interviews?
I was recently interviewed by CBS 6 News about finding the right tax preparer. The story began with a woman who received a refund anticipation loan after being told she would be getting a refund. Turns out she actually owed taxes, and the preparer needed to file an amendment. Her tax preparer, who didn’t want […]
Boost the Morale in Your Office for Laugh at Work Week
It may be all hands on deck as we finish out the tax season but it’s important to make sure you keep up the morale in the office. This week is Laugh at Work Week, the perfect time to have some fun. Laughter and humor are an important part of the workplace. Laughter has been […]
7 Ways to Show Appreciation to Employees (and Clients) During Tax Season
Clients and employees are essential to your business. Your employees keep your business running and your clients keep you in business. Showing a little appreciation for them is of utmost importance. Employees who feel appreciated are happier. And happy employees can have a huge effect on your company culture and your bottom line. According to […]
Stress Relieving Tips for Tax Preparers
It’s Tax season! It’s the most wonderful time of the year, right? While it’s great to catch up with clients during tax season, we don’t have to tell you how hectic it can be. Deadlines, back to back meetings, taxes to file, the IRS to deal with… it’s the busy season! If and when you […]
Are You Covered in the Event of a Data Breach?
If you were to ask an insurance agent whether or not your business needed data breach insurance, they would ask if your company collects any of the following types of information. Social Security Numbers Banking/Financial Information Credit Cards/Debit Cards/Other Payment Cards Health Information & Medical Records If you’re in the tax industry, the answer to […]