I'm not sure I can keep this up — the words and stuff about accounting.
Thankfully, this James Huang guy did another video. It's about that Twilight book I don't know anything about. I did happen to be at the Barnes & Noble a couple of times when the new ones were being released and it was a good way to meet chicks though.
I'm thinking James should just do videos for Going Concern. Jimbo, if you're interested, you should email Greg, but I'm warning you, he yells a lot and will make you do all the work.
With all the uncertainty out there, more and more small businesses are cropping up. As anyone who has started their own business knows, there are plenty of decisions to be made, including your accounting method. While that answer may come easy, at some point small business owners have to ask themselves honestly A) Do I know squat about accounting? B) If no, do I hire someone full time or do I contract the work out as needed?
First, if you’re not versed in accounting and taxes are you really going to take the time to learn everything you need to know at the behest of growing and refining your business? Have you seen the tax code? You want to take advantage of everything you can, right? Best to call an expert.
Secondly, if you do decide to get some help, are you willing to pay for someone to keep the books, file tax forms, manage the payroll, etc. etc. full time? Are you going to pay them a salary, benefits, supplement their daycare, give them vacation? If you’ve got the resources to bring someone on, that’s great, start interviewing people. But what if you’re still in the early stages? Finding a CPA firm that can provide those crucial services for you can save a lot of headaches.
On the other hand, if you are already an accountant, maybe this growth in small businesses is your opportunity to get a little entrepreneurial yourself. CPA firms are the most profitable small businesses out there and somebody has to help those business owners keep their debits, credits and tax forms straight; it might as well be you.
“The rich are not paying their fair share in any nation that is facing the kind of employment issues [that America is] – whether it’s individual, corporate or whatever taxation forms are.”
The latest edition of CPA video marketing, courtesy of the Pennsylvania Institute of CPAs takes another reality TV angle, parodying the show “What Not to Wear”. While our suggestion to incorporate Lady Gaga or the cast of Jersey Shore seems to have been overlooked for the time being, we’ve been assured by the PICPA VP of Communications that our suggestions are being considered. We won’t push the issue, as there may be better ideas.
Like perhaps, “It’s Always Sunny in Philadelphia”??? It’s a natural fit, amiright?
Sorry. We’re done submitting ideas. Here’s the latest:
Our tepid enthusiasm for this particular video is probably due to the fact that we’ve never seen “What Not to Wear” although we did love the “Breathlessly Judgmental Friend”. Seriously, doesn’t everyone have a breathlessly judgmental friend that you just want to punch in face?
While this parody wasn’t our favorite, we understand that there are CPAs in the Keystone State that probably enjoy this particular spin and it still beats anything we’ve seen from an accounting firm. Keep up the good work Team PICPA.
