How to Beat Tax Season Stress? A Restaurant in Thailand Gives You a Hint!

My wife and I recently dined at a restaurant at Bangkok, Thailand. It is one of those restaurants where you place order for the ingredients – like fresh vegetables, uncooked meat and seafood, eggs, tofu and what not – all uncooked. On your table is an electric appliance – with a wide pan pot. Once…

Tax Season Tips: Train Your Brain to Focus

How to reduce your stress during tax season? You know that tax season is all about multi-tasking, to-dolists, workflow, stress, stretch and of course, earning. As a tax professional, your brain (and body) is really taxed during the tax season. As a service provider to the accounting and tax profession, I engage with several accountants…

In Search of Better Next Tax Season? You Want These Three Issues Managed Better.

Here are some startling but recent research report backed headlines on CPATrendlines:Staff Turnover Escalates into Epidemic at CPA Firms: Professional staff turnover has jumped by as much as 50% in one year, averaging now almost 18%. These results were across all firm size ranges.Accounting Firms Launch New War for Talent: Firms are hiring, and many…

How to get source documents from clients early?

The most popular poll (with keywords “CPA” and “Tax”) on LinkedIn revealed a very interesting insight into the minds of tax preparers. 26% voters expressly indicated that they wanted clients to turn in source documents in early. And 26% more voters wanted “Family, Healthy Meals & Seeing Daylight”, indirectly indicating that they want source documents…