Ed Mendlowitz

There are no undergraduate and very few graduate courses on advising clients that want to sell their business or who want to buy a business. When I started my career, there were no CPE courses either.

I am a strong proponent of partner retreats and offsite meetings.

Teaching provides an opportunity to give back by transferring knowledge, sharing experiences and offering a practical outlook to people who either will be starting their careers or are at mid career with a desire to advance further.

We need to excite clients, potential clients and staff. For this, we need marketing skills.

It doesn’t matter so much how smart you are or how well you did in school; the firm still needs to train you and get a feeling for your ability.

The problem for young people starting their careers is there is no one to really guide them and lead them forward.

I’ve been on a time travel merry go round since the end of May, as I’ve been emptying a self-storage warehouse with the goal to be out of it by the end of August.

The tax deadline is coming Wednesday after tax season was extended by three months to give taxpayers and preparers more time to deal with the novel coronavirus pandemic, but many of them will be dealing with extensions and amended returns in the months ahead.

Management of an accounting practice (MAP) articles and books offer a wealth of information, shared experiences, best practices and hard-learned secret sauces yet they are not taken advantage of by a large majority of accountants.

With the switch to remote work, new training methods are needed. Here are some things you can try.

It is important to develop a specialty, but it needs to be balanced with the needs of the practice and your interests.

If staff do not learn, they won’t grow and neither will the firm.

The co-founder of Goldstein Golub Kessler discusses the highlights of his career and life.

Here are some practice management suggestions for the new normal.

This year all playbooks have to be discarded and a fresh start needs to be developed.

Many will reconfigure what they do to the new reality and will make some investments in updating and formalizing some of their Band-Aid processes.

One of the top CPA firm consultants shares some of his “secrets” behind his success.

Many firms organize a summer retreat that they are now postponing or canceling. Whether they are held or not, I recommend not canceling the preparation process.

We just got through a most unusual “tax season,” with taxes pushed aside at the beginning of April to be consumed with the SBA and PPP.

In normal times, ideally no one should be let go unless they are just not good. In these times, being practical means some may need to go. How do you decide?