4 Skills to Deal with Negativity in the Workplace

4 Skills to Deal with Negativity in the Workplace

The last thing we really need in our lives is negative or self-absorbed coworkers affecting how we feel while we’re busy in the office. Whether it’s an individual who is relentlessly negative and constantly tries to bring everyone down – or the person who does not take the time to listen to anyone else’s ideas (but their own), negativity in the workplace can be a major challenge affecting workplace performance. More importantly, it can affect your overall peace of mind – and none of us want to bring our workplace trials home with us, right?

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What Does Tax Season Have To Do with Groundhog’s Day?

What Does Tax Season Have To Do with Groundhog’s Day?

Today is none other than Groundhog’s Day. Those of you enduring the massive winter storm sweeping across the country this week most likely rolled out of bed hoping and praying that the groundhog did not see his shadow. For me, I live in Florida, so it was more about completing my son’s homework assignment. If you watched or read the news, you by now know that the groundhog did not see his shadow, signifying an end to this winter madness and the onset of an early Spring.

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Seriously…Do Tax Pros Need Another Acronym?!

Seriously…Do Tax Pros Need Another Acronym?!

Ahhh…it looks like we tax professionals will soon be adding some more acronyms to our already full pallet of “alphabet soup”. We recently added IFRS, FIN 48, and UTP…now we will be adding a new acronym, XBRL.

But wait, haven’t we heard this strange group of garbled letters before? Yes my friends, you may have heard it at the water cooler or coffee machine while finance and accounting were putting together their annual filings. 

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Is Tax Still in the Hot Seat?

Is Tax Still in the Hot Seat?

I was just reading a white paper from Deloitte entitled “Material weakness and restatements – is tax still in the hotseat?” and I had to share my thinking on this for Red Whine Wednesday. Thought it was a pertinent topic that most you can relate to. I was surprised to see that even though the overall number of occurrences has declined in total and by issue, income taxes are still the most prevalent of the US GAAP failures reported. They breakdown into the following areas, with Tax accruals/deferrals topping the list at 27%!

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Tax Law Changes: What’s Your Opinion?

Tax Law Changes: What’s Your Opinion?

I was just reading the AccountingToday’s article titled “GOP Changes House Rules on Tax Laws and ‘Accounting Gimmicks’”, Washington, D.C. (January 3, 2011), By Michael Cohn…and I had a “good grief” moment I thought I would share for this Wednesday’s Red Whine Wednesday post. My “whine” is really based on the state of our current legislative process and the frustration at our inability to make positive changes. I am feeling somewhat optimistic, yet with experience comes some measure of cynicism.

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Has Your Vendor been Holding Your Data Hostage?

Has Your Vendor been Holding Your Data Hostage?

First starting out in my career, most of the ERP solutions and other compliance software out there consisted of proprietary software and proprietary databases. It was common practice that once corporations were implemented…they were with you for a long time. Like it or not. One of the big issues was the sheer matter of exporting your data from one system and converting it to another. This was typically a costly, time consuming and painful exercise, if it could be done at all.

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