Liz Farr

Member Since: May 16th 2017
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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.
CPA
Oct 29th 2020
Small Town Accounting Horror Stories
The following are a few of the accounting horror stories that kept me up at night when I was doing governmental audits. We Don’t Need No...
Bookkeeping
Oct 21st 2020
A Bookkeeper Who Couldn’t Keep the Books
We’ve all seen this far too often, when a small business owner hires a family member to work in the business and, as an afterthought, asks...
Bookkeeping
Oct 15th 2020
The Client That Would Not Stop Screaming
One of the tax and review clients I worked on for several years was a construction company I’ll call Always On, a C-corp. This company...
Clients
Oct 6th 2020
The Store That Had No Balance Sheet
One of our clients, who I’ll call Bright Shiny, had fired us, a fact I learned when I was called to the conference room to meet with the...
Clients
May 4th 2020
5 Mistakes Accounting Professionals Make when Onboarding New Clients
First impressions set the stage for all relationships. We all know this. But, unfortunately, many accountants don’t practice this when they...
Clients
Dec 19th 2019
Document Your Firm's Processes Before They Walk Out the Door
When people waste time and energy trying to figure out how a particular partner wants the work done, they don’t have the time or energy to...
Practice Excellence
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