Liz Farr

Member Since: May 16th 2017

Columnist

Recognition

Thanks: 11

Bio

Liz Farr, CPA, spent 15 years in tax and accounting at small firms in Albuquerque, NM. Besides tax returns of all flavors, she worked on audits of governmental entities and not-for-profits, business valuations, and litigation support. Now she's a full-time freelance writer specializing in content marketing for accountants and bookkeepers around the world.

Liz Farr

CPA

Oct 30th 2019

The Tale of the Dead-Broke Business Owner

What do you do when all the money is gone, and you’re too sick to work, but the IRS is still after you? Unfortunately, sometimes the best...

Clients

Oct 23rd 2019

The Tale of the Incompetent Business Owner

What do you do when a business owner clearly has no clue how to run their small business? Hopefully, you manage to get out before...

Clients

Oct 16th 2019

The Tale of the Ancient Landlord and His Son

John and Mary Green had been working with my boss for decades when I joined his firm. They owned several apartment buildings and other...

Clients

Oct 8th 2019

The Tale of the Cash-Skimming Husband

Sometimes the service clients ask you to provide is not what they need, like the case where forensic accounting was needed instead of a...

Clients

Oct 2nd 2019

The Terrible Tale of the Rookie IRS Auditor

For the most part, all of the IRS agents and auditors I’ve worked with have impressed me with their competence and depth of knowledge. The...

Auditing

Sep 26th 2019

9 Things Your Freelancer Clients Need to Know

Tax time for my old freelance clients was terrifying. Many had no idea if they made a profit, and they certainly didn’t have anything set...

Clients

Jul 25th 2019

A Checklist for Potential Tax Advisors

Advisory is the hottest area these days for firms who want to move into higher value, higher-paying work, but they don’t always have the...

Practice Excellence

Oct 31st 2018

How to Avoid a Bad Partnership Agreement

The next and final installment of accounting horrors is a bone-chilling tale about business clients whose handshake agreement frighteningly...

Clients

Oct 23rd 2018

Why Death-Bed Estate Planning is a Bad Idea

The next installment of accounting horrors involves two gruesome tales about the perils of waiting until the last possible minute to do...

Clients

Oct 17th 2018

The Tale of the Out of Control Controller

Our series of horrific examples of how things in accounting can go wrong continues as we bring you the terror of what happens when an...

Clients