More compass, less clock

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Level 10

Forum|Forum|1 year ago
March 21, 2025
1 reply
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The AICPA town hall yesterday featured a presentation from Lisa Bodelli. She had information and suggestions about work and productivity. I think it will help my practice:

Concepts such as rightsizing: choosing the right clients

aicpa.com/townhall

Then gave a simple graphic which I find to be helpful. it is attached

Practice Advice

S

strongsilenceAuthor

Level 10

So, being inspired by the new information, I decided to make one tax return easier just now. For one client, a 1099R seems to be missing so I asked the client. He gave me the 1099B instead. So, I had a choice: ask again or finish the tax return. Knowing that the 1099R might be missing, I decided to finish the tax return.

An IRS notice is on him; I'm not to blame as I asked him for it.

And I can finish his return without the time and complication of calling him again. (He is hard of hearing so might not have heard me accurately but it is March 21 and I don't have time. So it is not a good time for my best client service.)

IRonMaN

Level 15

You saved 5 minutes now, but how much time are you going to eat up a year from now when he gets the notice that he is missing a 1099R? A compass always points due north, but if you are using it around metal, you won't get a true reading. Sometimes a clock is better than a bad compass ------ it will tell you how much time you have to get out of the woods before dark.

Slava Ukraini!

85% of work time is for meetings, emails and busy work per Mckinsey research.

What are my numbers?

Meetings -5

Busy Work = 30

Emails= 20

Stop organizing and start simplifying.