Other stuff

Q: CPA firm fees increasing in 2012?

A: Yes, according to CPATrendlines at their post NEW SURVEY RESULTS: Busy Season Prices Heading Up 4.1%.

Their survey shows that overall, CPA firms are starting to increase fees a bit more in 2012.  Some holding stable.  Some increasing a bit.  Some increasing fees for problem clients.  Overall though, a 4.1% increase.  Average increases in 2010 were reported at 3.2%.

Their survey also shows CPAs are expecting a better busy season in 2012 than 2011.

Reminder for CPE in California

Quick reminder for CPAs in California.

You need to have a minimum of 20 hours CPE in each of the two years of your license period.  No more of this routine of running up all 80 hours in the last six months before renewal.

Also, you need 4 hours of ethics every two years and 2 hours on regulatory rules every 6 years.  Those classes need to be approved by the state board.

Remember to renew your PTIN

Your PTIN needs to be renewed for 2012.  Need to get that done by 12-31.

The IRS has opened up the renewal process. You can get started here.

Just renewed mine today.  Took 16 minutes from start to end.  (Yes, yes, I timed it since I was planning to write this post.)

MACPA (the Maryland state society) has some good background here.

Can’t find anything in the accounting world to blog about? Are you kidding me?

Nothing to write about in accounting.  You’re pulling my leg, right?

Looks like an all-hands conversation is brewing on the topic of why there are not more accounting professors who blog.

Survey of the current discussion by David Albrecht is at More on Why Accounting Profs Don’t Blog.  I will extend the discussion to ask why are there so few posts from accounting practitioners who are blogging.

One of several threads in the discussion amongst the profs is there’s not a lot of interesting stuff to talk about.

That idea gave me a chuckle yesterday while attending an 8-hour accounting and auditing conference put on by the California Society of CPAs.

While jotting down notes from the speakers, I put an asterisk by ideas that seemed to be a possible blog post.  At the end of the day I had 32 asterisks plus an outline for this post.

Three minute grammar lesson

Short, simple lesson of frequently goofed grammar rules at AmEx’s Open Forum by Barry Moltz:  Avoid These Simple Grammar Goofs in Your Business Marketing.  Also works for your emails or documentation memos or letters to clients.

Ten common mistakes.  Check it out.  Good reminders for me and it cleared up a couple fuzzy rules. 

The affect is you’re writing would be better.

(Sorry! I couldn’t pass up using three of the errors mentioned in the post.)

New blog:

Why am I starting a new blog, Outrun Change? You can find it at www.outrunchange.com (new name and address listed after I moved the blog.)

The amount of change taking place today is staggering.  The rate of change is going to increase.  That change is making our knowledge and skills obsolete.  We need to be learning and growing to keep up with the amount of radical change taking place around us.  We need to learn fast enough to outrun change.

At the Christian Leadership Conference in April 2011, Dr. Richard Swenson said that there will be 1,000 times more change in the next century than in the 20th century.  He also said there was more change in the 20th century than the previous 5,000 years.  That is staggering.

My focus in the new blog will be on: …

Scam watch – you don’t have to pay someone $370 to help renew your fictitious business name

(cross-post from my other blog – Nonprofit Update)

If you want to conduct your ministry or business using anything other than your legal name, you have to get a fictitious business name.  This is also called a DBA, or “doing business as” name.

Let’s say you are on staff at Southside Community Church and are starting a major summer program as an outreach to the community.  This would be a big, ongoing project. If you’re going to be collecting money and trying to reach out beyond your local congregation, you just might decide to run the program under the name Southside Summer Swim.  If that is the case, you need to file for a fictitious business name with the county clerk’s office.

Happy birthday to Nonprofit Update

(cross-post from my other blog, Nonprofit Update.)

It has been one year since I launched Nonprofit Update. On August 29, 2010 I started this blog to talk about issues affecting the nonprofit community. On October 14, 2010 I started moving topics of more interest to CPAs to a new blog, Attestation Update.

Many thanks to all who have stopped by to read!  This has been fun and I look forward to many more years of blogging.

Here are some stats from the first year for those who are interested in such things.

Number of posts: