Tax & Accounting Blog

It’s always interesting to check in with firms at this time of the year and reflect on the corporate extension deadline. While many of us lost sleep—and sanity—in the lead-up to the corporate extension deadline, just as many worked a leisurely four-day work week and managed to keep “normal” hours. No matter how your practice … Read More

This year, Thomson Reuters held its ninth annual Partner Summit series—seven events across the United States where we share best practices with the 65 attendees at each location. As we wrap up another summer, we’d like to share with you some insights from one of the key presentations that came out of this year’s summits. … Read More

When most firm leaders think about succession planning, it typically involves grooming a successor who has put in years of hard work and knows the staff, clients, and firm practice overall inside and out. But, if your firm does not have a well-groomed heir waiting in the wings, you’ll be glad to hear that’s not … Read More

There’s a lot of press about the Baby Boomers exiting from the work force, and the many Millennials that are entering. But what does this mean to the accounting industry? How does this change affect our firm and our clients? Whether you own an accounting firm or small business, or you simply manage or lead … Read More

Imagine an airline pilot sitting down in the cockpit and saying, “Okay, we’re going to taxi down the runway and we’ll set the compass to west and with any luck we’ll wind up in Los Angeles.” That’s the analogy Ryan J. Niedoba, chief operating officer at Niedoba, Beppel & Company in Berlin, N.J., uses to … Read More

Chasity Hooks, CPA, had no experience working in a public accounting firm when she established Hooks CPA in 2008, though she had been handling all the accounting work at an oil field company. What she did have was many years of experience in customer service. Hooks began working at age 14— everything from waitressing and … Read More