Year: 2018

When the tax season ends, it’s normal for us to take a chill pill until the next tax season stress is about to begin. We are in no way against this practice, but have you noticed how this affects us every year because this cycle doesn’t seem to be broken? We work overtime as the busy season starts picking up until we’re able to submit all the required reports. Then we lean back until the next tax season and undergo the same stress and hectic schedule. How do you end tax season stress cycle? Here are two tips from the experts: Put the previous tax season in retrospect. Identify the great things and bad ones. Which aspects were executed with ease? Which ones need improvement? Be realistic and honest. If…

Tax season is that time of year your stress level as an accountant is as high as Santa Claus’ and his elves at Christmas time.The sad part is we have been used to the onset of tax season stress that our minds have been programmed to overwork come the first few months of the year. We no longer look for ways to lessen the pressure and the stress that it entails.But with these simple changes, you can actually enjoy the usually stressful tax season.Manage accounts incrementallyBlame our Spanish ancestors for introducing the Mañana habit because this trait is one of the reasons our workload gets piled up come the deadline.Or…We can also get rid of it altogether in our practice. Here’s how.Instead of isang bagsakan when updating your clients’ accounts,…

It is a bit quite late writing this, but it’s still January so it’s still the start the year technically. Plus, we all believe in the saying “Better late than never.” So here we are sharing what you should be part of your new year’s resolutions that can help boost your presence in the community. Whether you have been in the business for long or are just starting to build your empire as an accountant, you should get a thing or two from these tips. Without further ado, here are the things you should embrace so you’re off to a good start this year. New Year's Resolutions Accountants Should Have Create a LinkedIn profile. It’s 2018 you guys, and we all know a Facebook profile is not enough. Taking advantage…

Editor's note: This article was first published in June 2017 but has been revamped to stay up-to-date. You look with dread at your accounting books and forms that you have to fill. Various clients with different information that needs to be entered and computed. Can this day get any worse? You’re in luck! Fortunately, in this day and age of computers and high-speed internet, there is computer software that can efficiently perform accounting functions at a push of a button. There are a number of online accounting software out there that you can check out and see which fits your needs. They make processes more efficient. May it be calculating revenue, computing the payroll, or improving cash flow, software is indeed a great investment for any company that wants to get ahead…