The GSCPA House of Blogs
For the members. By the membersArchive for Gary Brand
A Single Approach to Resolve CPA Issues
Written by: Gary Brand
There are no shortage of challenges facing CPA’s – changing accountancy standards, new tax laws, IRS registration of preparers, effects from the recession, etc. Most of us are putting in more hours than ever. Yet, CPA’s remain dedicated to put the time in to meet their clients needs.
However, 90% of the above challenges can be met by recognizing that your billing process is an integral part of meeting your client’s needs.
The “billing process” is defined to include: Read the rest of this entry »
Few Receive Mortgage Relief
Written by: Gary Brand
Only 4% of borrowers who signed up under the government relief plan have received permanent mortgage modifications (per the Savannah Morning News).
Among big lenders, Bank of America had the worst performance – just 98 modifications out of 160,000 borrowers who had signed up.
My Take:
Since 4 million homeowners have already lost their houses since the mortgage crisis began, it is shocking how many banks are responding. Is it caution, incompetence, or greed?
What’s Your Take?
Your Role – The Curve Ball
Written by: Gary Brand
Curve Ball – idiom, to cause to be surprised, especially unpleasantly so.
You’ve selected the right person, let him discover how he fits in, shown him tools to be productive, and given him a way to feel like an owner. Then, he or she throws you the “curve ball”.
He forgets to follow his systems, becomes apathetic to his personal goals, and overlooks his role. In other words, he acts as the fallible human we all are.
The question is, how do you as the owner react? Read the rest of this entry »
Borrow or Tax Small Business Owners?
Written by: Gary Brand
Last December, the state of Georgia Unemployment fund (for laid-off workers) had roughly a $1 billion fund balance according to Georgia Trend magazine.
As November 2009 began, the balance was down to $139 million. Unfortunately, the state has been paying out about $147 million a month to the unemployed. Read the rest of this entry »
What Dr. Oz might say about business owners…
Written by: Gary Brand
One of the most painful experiences for a physician is to tell patients they brought their medical problems upon themselves. As they roll toward the operating room I always see a mixture of terror and regret as they contemplate those walks they should have taken, those burgers they shouldn’t have eaten. – Dr. Oz, quoted in USA Today
I have noticed the same “is it too late” contemplation when I encounter struggling business owners. Read the rest of this entry »
