How to grow a tax practice

Posted Leave a commentPosted in Accounting

Today a group of online tax professionals across the country discussed the ways they’ve built their tax practice. I am interested because with two recently added excellent staff members, we could handle several hundred more tax returns. The clear #1 source of business is referrals. I recently published a blog post for clients and friends […]

Six basic rules for handling a tax audit

Posted 1 CommentPosted in Accounting, IRS, Legal, Taxes

Everyone hopes to avoid a tax audit but sometimes it happens anyway. An audit always starts with a written notification by mail from the IRS, state, or local tax authority. It might just be triggered by a simple computer-generated “mismatch” error or it might be the beginning of one of the more rare types of […]

Platinum Level QuickBoooks ProAdvisor

Posted Leave a commentPosted in Accounting, QuckBooks, Small Business

Did you see the episode of ABC sitcom “Modern Family” where Jay and the family visit Mandalay Bay? In the story line, Jay learns there is an even better high level accommodation than the resort penthouse suite he booked so he becomes obsessed with trying to upgrade, only to learn that there are still higher levels […]

QuickBooks Self-employed revisited

Posted Leave a commentPosted in Accounting, QuckBooks, self-employed, Small Business

This month I took a fresh look at QuickBooks Self-employed version. As much as I want to endorse and offer this platform for self-employed individuals, I can not. The simple reason is that Intuit does not support this product under the same platform as other QuickBooks products. I find the support to be inefficient, unprofessional […]

Accepting QuickBooks invitation to online accountant

Posted Leave a commentPosted in Accounting, QuckBooks, Security

Some blog post I write just for me, so that I’ll remember next time the situation comes up. If this helps another accountant, great. This is a workaround to a overly sensitive security issue that’s caught me a few times. A prospective client sends the accountant invitation through QuickBooks Online. (If you are not an […]

Bill.com Expert Certification

Posted Leave a commentPosted in Accounting, Banking, Computers and Internet

Bill.com is a market-leading software that automates tedious tasks, gets you paid faster electronically, and integrates with your accounting software to fit your workflow. I started using it last year and passed the expert certification program today. For a demonstration of how this technology can save time and money for your firm throughout the year and […]