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Eight steps for avoiding the burnout trap
For entrepreneurs, burnout is an occupational hazard. In fact, I would go so far as to say that burnout will happen at some point in your career. After all, you are most likely a workaholic. If you follow your natural inclination, you might never leave the office! The truth, of course, is that you love your work; entrepreneurs thrive when they can think on their toes and wrap themselves around the creative processes that lead to economic success. But too much unrelenting hard work comes with a price.

"Accounting Chicks" win $100,000 Minnesota raffle
Four Minnesota accountants, calling themselves the "Accounting Chicks," teamed up to purchase Minnesota Millionaire Raffle tickets and ended up winning $100,000 in the lottery.

IRS issues new Social Security form for misclassified workers
The Internal Revenue Service has developed a new form for employees who have been misclassified as independent contractors by an employer. Form 8919, Uncollected Social Security and Medicare Tax on Wages, will now be used to figure and report the employee's share of uncollected social security and Medicare taxes due on his or her compensation.



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Student News

First year experience - Life in the Big Four, by Anita Chan
Anita Chan joined KPMG last year upon graduating from a five-year master's program (in four years) at the University of Southern California. Anita is now an audit associate in KPMG's Los Angeles office.





Blogs!

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The K2 Team: Accounting Technology Talk and More!

The Perils of Poor Power
I'm in the midst of moving my office to some new space (larger, nicer, more comfortable, etc.), and the process of building and moving to this new space has brought up a big technology issue that many of us don't consider on a regular basis - electric power.



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Firm/State News

Beard Miller Company LLP announces merger
Beard Miller Company LLP (BMC), a nationally ranked U.S. Top 40 regional accounting and consulting firm, and Edwards Sauer & Owens, P.C. (ESO), a Pittsburgh-based CPA firm with offices in Pittsburgh and Altoona, announce the merger of the two firms, effective January 1, 2008. The combined firm will operate under the name Beard Miller Company LLP.




Tech News

CPA Technology Advisor announces annual Readers' Choice Awards
With the changing of calendars from 2007 to 2008, it's also time to announce the results of the 2007 Accounting Technology Advisor Readers' Choice Awards, an annual insight into the minds of tax and accounting professionals.




Editor's Note

Most people try to start the New Year with a fresh outlook - toward their family and their relationships, their hobbies and interests, and their job and co-workers. So it might not seem like the right time of the year for us to be featuring an article on burnout. But the nature of burnout is that it can hit you when you least expect it. One day you're happy with your lot, the next day, you find yourself in a downward spiral with no apparent way out. Burnout can hit anyone, at any time.

You can retain control of your life and keep the burnout dragons away by following the steps that have been laid out in our Weekly Earful: Eight steps for avoiding the burnout trap. Read this or listen to the podcast now, while you're feeling good about what is to come in 2008, and the burnout blues will be nothing more than a tune you whistle while you happily go about your life.

Gail Perry
Editor
editor@accountingweb.com




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