What Tax Pros Need to Know About Success!

What Tax Pros Need to Know About Success!

At the recent IPT conference held in Orlando, FL I had the opportunity to hear a key note speaker by the name of Garrison Wynn.  He is a comedian, consultant and trainer, and author who wrote a book which is the culmination of over 15 years of experience and research with regards to what makes people successful.  It is titled, “The Real Truth About Success”.  What Garrison Wynn found was that some of the things that we all take for granted in terms of “success factors” and traits of successful people are not actually fact.  Wynn’s research looks at the fact that the best and the brightest may not always be the most successful.  People may use particular traits or strengths of nature, character and circumstance to get out ahead of the competition. 

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Great Work: Why It Isn’t Happening in Your Tax Department

Great Work: Why It Isn’t Happening in Your Tax Department

Some tax professionals may read the title of this post and immediately think, “I agree.  We are getting some work done, but it isn’t great work.”   Other tax pros may think I am crazy.  A lot of blood, sweat and tears have been put into their tax department.  Theirs is not like other tax departments.  They have the right tools in place and the processes are buttoned up and solid.  Well, I am here to tell you that if you work for any sizeable tax department, you are wrong.  Your tax people may be trying to do great work, but they are not.  Do you want to know the reason?  It is simple: M&Ms.  And, I am not talking about the multi-colored candy with the hard shell.  I am talking about managers and meetings.

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Who Is Your Tax Department Champion?

Who Is Your Tax Department Champion?

Never has it been more apparent to me that every child needs a champion than as I have watched my own two young boys grow up over the last ten years.  My husband and I have been their biggest champions whether it has been in school at a teacher’s conference or on the soccer field during a tough game.  No matter what kind of experience my young boys are having, they need to know and believe that my husband and I are there for them.  And, while we may not always be happy with a decision they make or the outcome of a particular event, we fully support them and value them as the little individuals that they are and the grown adults we know they one day will be.

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Are You a Tax Department Impresario?

Are You a Tax Department Impresario?

You aren’t sure.  Are you?  I got you thinking about whether or not you are an impresario, though, which is good.  Merriam Webster defines an impresario as “the promoter, manager, or conductor of an opera or concert company.”  Now, you are probably asking yourself what this person has to do with your tax department.  The answer is absolutely nothing.  You don’t have time to attend an opera or a concert, much less pull one together.  However, that is not the kind of impresario I am talking about.

Last year, Seth Godin and a group of 20 students, put their own spin on the meaning of this word by defining it as:

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Email Lessons Learned

Email Lessons Learned
I just received a call from a tax pro out there in industry that just had the most frustrating thing happen to him.  I thought I would share it with you all as I forget how frequently email can be abused out there.  Even though email can be so efficient and effective in our business communications, it can also be misused and perhaps even abused.  In fact, I would contend that poor email etiquette and email “culture” can be cancerous to morale and operations.  It is important to treat this cancer immediately so that it does not spread and derail your operational effectiveness.

The story I am about to share however, also includes concepts in leadership skills and is a great example we can all learn from.  I will keep the details in the abstract to protect the innocent (I did get permission to share the story though!).

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Run Your Tax Department Like Richard Branson

Run Your Tax Department Like Richard Branson

Richard Branson is an adventure seeker and a risk taker.  Personally, he has tried to set records for the fastest Atlantic Ocean crossing and attempted to circumnavigate the globe by balloon eight times.  Professionally, as the founder and chairman of Virgin Group with an estimated net worth of $4.2 billion, according to Forbes 2012 list of billionaires, he definitely knows a thing or two about how to create and run a company.   Undoubtedly along the way, there have been successes and failures, but the tenets that guide him have certainly been proven to work.  So, what is it that he does time and again that makes him so successful and what can a tax department learn from him to garner their own success?

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