Comedian John Garrett, a former accountant who spends part of his time doing corporate sessions at public accounting firms, has certainly made his way around the country. If he's not been to your firm, you've missed out. What better humor is there than to laugh at ourselves? Has your firm or company had a public speaker, corporate trainer, or motivational speaker in this year? If so, please share the experience below. You may even do so anonymously. Let the accounting community know what your firm or company is up to!
With a couple months left in the summer, there's never been a better time to spend a day doing something for the community. So many public accounting firms, corporate employers and small businesses donate time, effort and money to numerous causes. Barnes Dennig, an accounting firm in Cincinnati, is one such firm committed to community improvements. Our accounting profession does a lot for others. For those of you volunteering your time, brains, muscles, etc., all of us at Sift Media applaud you!
How much do you talk with your 1040 clients about saving money and basic financial planning? One CPA from North Carolina recently told me, "For my tax clients, mostly average income families, I would feel like I'm not doing my job if I didn't prompt their thinking about improving their short-term and long-term financial positions. Most of them don't save nearly enough." Can you come up with $2,000 in 30 days without selling any possessions? According to the National Bureau of Economic Research, a whopping 47 percent say they couldn't dig up the dough. Sad and scary, especially for those who are uninsured. Saving coins in a piggy bank was taught to me at an early age; however, I never saved 2,500 pennies. Jason West of Vernal, Utah used 2,500 pennies to pay a disputed $25 medical bill. This stunt resulted in a citation and subsequent fine. Geez, whenever I try to pay for my coffee entirely with coins I get the evil eye. 2,500 pennies? Hopefully your 1040 clients aren't paying you in coins!
When the Internal Revenue Service recently announced that its e-file service had reached the landmark of surpassing one billion individual tax returns processed, I immediately thought of the wise words of U.S. Supreme Court Justice Oliver Wendell Holmes, Jr. Sure, most of us gripe about the taxes we have to pay, but Holmes' words carry weight. "Taxes are what we pay for civilized society." We all live in a great country. God Bless America.
When the Internal Revenue Service recently announced that its e-file service had reached the landmark of surpassing one b
According to a recent survey by Listserv, from 2009 to 2010, e-mail use by seniors rose 28%. During the same period, e-mail use by teenagers declined 59%. I think it's great that so many seniors are now active this way. I'm 45 years old and my grandfather uses e-mail every day! Of course, regardless of your age, escaping e-mail during the accounting workday is virtually impossible. Please comment about your own e-mail usage (you don't have to use your real name if you don't want to). We're especially interested in your opinions about how you handle e-mail on the job, including billing for e-mail time, dealing with work e-mails on smart phones after hours and anything else you care to say.
We've all been witness to this scene: you're at a business function amongst peers, competitors and clients, when you spot someone who has had too much to drink. I'm all for having a couple of drinks, but there's a time and place to toe the straight line--and a business social event is definitely such a place, in my opinion. CPA Allan Boress has penned a great composition on the Bloggers Crew section of AccountingWEB. Do you agree with his "Drinkin' and Marketin' Don't Mix" commentary?
People with large estates were certainly thrilled by the changes that took place this winter.
As we near the Memorial Day weekend, it's time for a few observations.
Most of us have encountered some type of "Lunch & Learn" session while working in public accounting, corporate accounting