Post-busy season check-up

Congratulations! You have made it through another beast of a busy season. You have cajoled clients and staff, put in long hours, and are beginning to forget what your family and friends look like. You are probably feeling that you deserve a nice long vacation on a sunny beach, preferably sipping (or gulping) something bracingly alcoholic, not a 1099 or a tax code reference in sight for miles.

Before you book that trip to Aruba, there is one thing I want you to do, and that is to take brief stock of what just happened. Why now, you might ask? Because Aruba may well dull the pain that you have felt for the past 6-8 weeks, fooling you into thinking that this was not so bad, after all, and that kind of thinking is a ticket to another beast of a busy season next year. Continue reading

The curse of the home office

Home office is the work reality for many CPA consultants and tax preparers. It beckons with the promise of an easy commute, and the comfort of working in your pajamas. It provides the flexibility of working when you want to. It can also save thousands of dollars that would otherwise be spent on rent. What’s not to love? Well, as tax preparer Joyce Linzy has learned the hard way, a home office can also be a liability. Continue reading

“You’re fired!” (and other choice things you want to say to your clients)

This has been an intense few weeks. The sheer joy of about to be done is probably washing over you in a welcome cool wave of relief. However, before this busy season fades from your mind to join all previous busy seasons, I encourage you to reflect on what just happened. Specifically, think about your clients, because they contributed significantly to making your busy season what it was, in all its glory and misery. My question for you is: which three clients are you going to fire? Continue reading