CPA confession – I don’t do taxes. Am I crazy? No (And here’s why)

Yes, I’m a CPA. Got the framed certificate and everything. No, I don’t do taxes. It’s a clear strategic and practical decision that I made when I started my practice. Like Tevye says “Sounds, crazy, no?”

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Should Accountants be terrified of AI?

Everyone’s talking about AI. And some people are saying that accountants and bookkeepers should be terrified of AI. 5 years or so ago….Intuit’s QBO and other cloud-based accounting software introduced what they called “Artificial Intelligence” (AI) into their software. The gurus and thought leaders in my industry freaked out.

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This online accountant says “There’s no freakin’ way I’d do this to you!”

“I can’t believe they said that”, Gail said. “That’s just so wrong!”. We were in the car, headed for Walmart to pick up some ice cream for Gail’s birthday cake.  Earlier that day I had read an email. I was gobsmacked when I got to the end.

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Do you feel like an imposter? You’re not alone.

“I feel like such a phony! A total imposter!”, she cried. “And it’s so scary and frustrating!’ If my eyebrows could’ve gone any higher, they’d be above my hairline. I looked like an anime character having a freakout. It wasn’t the first time I’d heard something like that (and not the last) but never with such passion.

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Running on Empty

I was running late that morning. Bolted down my breakfast. Loaded up my lunch bag. Grabbed my briefcase and I was out the door and into my car. Zipped over to the 407 and started my 45-minute trip to wilds of Caledon for my bi-weekly appointment with my client.

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