How To Make More Money Through Continuing Education

As a tax professional, you know you’re required to take continuing education classes. License renewal requirements vary by state and all of them call for a certain number of technical study hours. The problem is, while those technical study hours may help you keep up to date on tax-related issues, very few (if any), actually help you make more money. I’m going to take a leap here and assume you didn’t start your tax practice simply because you love numbers and you think the IRS is all that. … [Read more...]

7 Tips From The NFL For Building Strategic Alliances

Every year, before stepping foot on the field, every NFL team spends hours (yes, really) going over their playbook. Each team member studies and studies each play until they know every single one by heart. When the team huddles and the quarterback calls the play, every player immediately knows exactly where he’s supposed to be and which direction he needs to move after the ball is snapped. The quarterback knows when to pass left and when to throw long and every receiver knows exactly … [Read more...]

How To Turn Tax Preparation Into Year-Round Profit

Profit

Your expenses don’t just go away during the off season. But in most cases, the reality of life as a tax professional is that the vast majority of your income is probably derived from the work you do over the course of just 100 days of the year. How can you make it year round profit? This puts many tax professionals in the same situation that every seasonal business encounters, experiencing problems such as: cash shortages during the off season difficulty finding and keeping qualified … [Read more...]

Financial Planning For C-Level Executives

Financial Planning

Today, we’re going to talk about financial planning for C-Level Executives. A C-Level Executive’s collective earning potential can easily hover around $500,000 annually. In addition to collecting a very impressive salary, most C-Level Executives also earn bonuses, enjoy profit-sharing rewards and sometimes even commissions.  But don’t be mistaken, while they may be able to run a company to its pinnacle, that doesn’t mean they know how to manage the hefty paychecks they’re collecting. After all, … [Read more...]

Financial Planning For The Medical Profession

financial planning

This month we’re taking a closer look at a few types of people who frequently hire financial advisors, and how to take their unique needs into consideration when working on their financial planning. Today we’re going to talk about financial planning for medical professionals. Just like with lawyers and those planning for business succession, there are a lot of things to consider. First, you’ll need to keep in mind that the annual salary of doctors varies a lot depending on their specialty. … [Read more...]