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A Career in Accounting Means Long Hours and Stress – But Also Purpose, Community and Meaningful Impact

CPA Practice

By Twyla Verhelst, CPA. Preparing and filing your taxes are unavoidable tasks that it’s safe to say most people don’t enjoy. Tax time can be especially daunting for small business owners and the self-employed, who must organize their financial information for the year and ensure they have set aside enough money to cover their tax liabilities.

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A Career in Accounting Means Long Hours and Stress – But Also Purpose, Community and Meaningful Impact

CPA Practice

By Twyla Verhelst, CPA. Preparing and filing your taxes are unavoidable tasks that it’s safe to say most people don’t enjoy. Tax time can be especially daunting for small business owners and the self-employed, who must organize their financial information for the year and ensure they have set aside enough money to cover their tax liabilities.

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How to make changing tax legislation an opportunity for growth

ThomsonReuters

While many accounting firms find a shifting regulatory environment to be a significant challenge, forward-looking firms are harnessing the latest technology to give their firm a competitive advantage. This creates a prime opportunity for accounting firms to expand their services beyond compliance and into advisory roles.

Tax 52
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3 Tips to Avoid Tax Season Burnout

CPA Practice

Being an accountant means that work often comes in ebbs and flows. Whether you are a remote worker or managing a full accounting firm, stop the burnout before it starts. The tide moves in every quarter, and there is always tax season. It’s stressful; that’s just part of the business, right? From the Thomson Reuters blog.

Tax 122
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Number of CPA Exam Takers Continues to Dwindle

CPA Practice

However, this rule change has no immediate effect on the individual state boards of accountancymeaning that each one would have to adopt the extra 12-month period before it takes effect in their state.

CPA 116
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How to avoid burnout during this tax season and beyond

ThomsonReuters

Being an accountant means that work often comes in ebbs and flows. Whether you are a remote worker or managing a full accounting firm, stop the burnout before it starts. The tide moves in every quarter, and there is always tax season. It’s stressful; that’s just part of the business, right? What is burnout?

Tax 98
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Will accounting be automated? Yes, but it makes the job more interesting.

ThomsonReuters

How does automation change the way accountants work? While accountants will not be completely replaced by technology, roles and relationships will change—in a good way.? Once accountants shift into this mindset, the value proposition of the accounting firm revolves around the human touch—and that makes for more rewarding work. .