Tips for Time Management

Tips for Time Management

Tips for Time Management

Roadmap to The CPA MOMS Podcast – Time Management

With over 60,000 downloads of the podcast, we know we’ve got some powerful information to share with accountant moms just like you.

We also understand that with over 100 episodes to choose from, it can be overwhelming to know where to begin. You are welcome to start any place you want, but it’s not necessary to go back to the beginning.

We created this roadmap to help onboard you to the podcast. We selected the episodes that would best get you up to speed and ready to tune in each Sunday when new episodes are released.

If there’s one thing that accountant moms could use more of, it’s time.  Time is the most valuable resource we all have, but when not managed properly, it can create a very imbalanced life.  Below you’ll find a few great podcast episodes for busy female accountant moms just like you to help you manage your time better.  Feel free to check out The CPA MOMS Podcast in order to get practical support and solutions you need to have it all – a successful career and a happy family.

 

Time Management

Time management is one of those hot topics for most accountant moms.  In order to be a successful accountant, you need to be able to produce at a high level.  In order to have the balanced life you desire as both an accountant and a mom, you need to understand how to get more done in less time.

As a working mom with only 24 hours in a day, you have to use your time wisely.  In order to advance in your accounting career, you need to learn how to boost your time management and productivity, and maximize those 24 hours.

If you struggle with time management, burnout, or overwhelm, you might find the following episodes of The CPA MOMS Podcast helpful:

 

#17 – Beating Burnout

No matter what profession you are in, the concept of burnout is all too familiar to working women. As working moms we have an added layer of challenges, expectations, judgments and time constraints that can take the feeling of stress to the next level. Many women hit the proverbial wall and surrender by announcing that burnout has beaten them; they just can’t do it all.

This week I’m going to discuss the signs of burnout and how to beat it at its own game.

Beating Burnout

 

#27 – How to Overcome Overwhelm

If you are like me, overwhelm can become, well…overwhelming. It can feel like being on the proverbial hamster wheel with no relief in sight. Your feeling of anxiety seems to be playing tag with your feeling of overwhelm and you can’t make those feelings take a time out and watch TV instead.

This episode discusses what causes overwhelm and how to overcome it so it so you can get back to having the life you want.

How to Overcome Overwhelm

 

#71 – How To Win The Battle With Busyness

A typical busy day as an accountant and a mom often starts with waking up and already dreading the busy day ahead, walking into the office and getting hit with other people battling busyness and then working through it all in order to get home to keep being busy.  It’s no wonder working moms experience burnout at such a high rate!

In this episode I’ll share what busyness really is, why it’s a problem and what to do instead.

How To Win The Battle With Busyness

 

#105 – How To Overcome Avoidance

By having a better understanding of avoidance, why it’s an issue for you, and how to handle it, you will be able to reduce an incredible amount of stress and overwhelm in your life. Thankfully the ability to overcome avoidance for working moms can not only benefit you, but your family as well.

This episode discusses what makes you avoid things and how to overcome avoidance.

How To Overcome Avoidance

 

#108 – How Accountant Moms Can Create More Time

When it comes to the issue between working moms and time, it can be a real game changer when you understand your female brain better.  By learning how to schedule and follow through on your time, and knowing that you will accomplish what you say you’re going to, will not only improve your relationship with time, but more importantly, improve your relationship with yourself.

This episode discusses the two main causes of wasted time and how to create more time.

How Accountant Moms Can Create More Time

 

You can find the full CPA MOMS Podcast Roadmap here: The CPA MOMS Podcast Mini-Directory By Episode

 

There are over 100 podcast episodes for you to take a look at so please feel free to check out The CPA MOMS Podcast on Itunes, Spotify, Apple Music, iHeart Radio or you can simply go to cpa-moms.com/podcasts.

If you like what you hear on the podcast, we would be so grateful if you would share it with other accountant moms who could use some support as well.

Owning Your Career & Money

Owning Your Career & Money

Owning Your Career & Money

Roadmap to The CPA MOMS Podcast – Career & Money

With over 60,000 downloads of the podcast, we know we’ve got some powerful information to share with accountant moms just like you.

We also understand that with over 100 episodes to choose from, it can be overwhelming to know where to begin. You are welcome to start any place you want, but it’s not necessary to go back to the beginning.

We created this roadmap to help onboard you to the podcast. We selected the episodes that would best get you up to speed and ready to tune in each Sunday when new episodes are released.

One of the biggest challenges for accountant moms is how to have a successful accounting career while also having a family, how to know your worth, and how to make the money you deserve.  Below you’ll find a few great podcast episodes for busy female accountant moms just like you to help you deal with the topics of career and money. Feel free to check out The CPA MOMS Podcast in order to get practical support and solutions you need to have it all – a successful career and a happy family.

 

Career & Money

Whether you are an accounting employee working part-time or full-time, or you’re a mompreneur with your own practice, developing your career and improving your financial success can be challenging.

Between the struggle with a lack of confidence, not owning your worth, and not being clear about what’s best for you and your family, it can often make you feel confused and alone, not knowing where to turn to for guidance.

If you struggle with dealing with your accounting career, your professional development  and with your relationship with money, you might find the following episodes of The CPA MOMS Podcast helpful:

 

#20 – Working Part Time and Being Successful

As a working mom with an accounting career you know a lot about hard work and trying to balance your career with your family. Sometimes it can seem like it’s just not possible to do it all and especially to do it successfully.

This episode discusses what success means to you, how to add value as a part-time employee and my own journey with being successful and working part-time throughout my career.

Working Part Time and Being Successful

 

#34 – Overcoming Imposter Syndrome

It doesn’t matter if it has to do with your profession, with your ability as a mother or any other area of your life, imposter syndrome can creep in at any time. This syndrome is often suffered in silence because you don’t realize it’s not unique to you and don’t want to admit out loud what you are thinking and feeling.

This episode discusses what imposter syndrome is, where it comes from and how to cure it.

Overcoming Imposter Syndrome

 

#38 – Improving Your Relationship With Money

In order to eliminate shame and build confidence around money you have to be willing to take a look at your beliefs. The results you currently have in your relationship with money are due to some unconscious programming that needs to be acknowledged if you want to create different results.

This episode discusses why women experience so much shame around money and how to start improving your relationship with money.

Improving Your Relationship With Money

 

# 70 – How to Stop Overthinking and Improve Your Accounting Career

If you’ve ever been told that you think too much, but not in a good way, there’s a reason for that. Your female brain is significantly more active than a male brain, especially in the areas involved in impulse control, focus, mood and anxiety.

This episode discusses what it means to overthink, symptoms of overthinking and how to get control over it.

How to Stop Overthinking and Improve Your Accounting Career

 

# 104 – Owning Your Financial Worth And Value

It’s important to understand that how you delineate between your moral value as a woman versus your economic value as an accountant and a mom, will impact so many areas of your life both personally and professionally.  I want to help you get clear about the difference between the two so that you aren’t dependent on society to determine your economic worth versus your innate worth.

This episode discusses the importance of understanding your inherent value as a woman as well as how to own your financial value and worth.

Owning Your Financial Worth And Value

 

#114 – How To Take Charge Of Your Professional Development

It doesn’t matter whether you are in public or private accounting, or how long you’ve been an accountant, having a professional development plan is key if you want to have a successful accounting career with a deeper level of satisfaction.

This episode discusses the reasons why it can be challenging for account moms to take charge of their professional development and an exercise you can do to help you take charge

How To Take Charge Of Your Professional Development

 

You can find the full CPA MOMS Podcast Roadmap here: The CPA MOMS Podcast Mini-Directory By Episode

 

There are over 100 podcast episodes for you to take a look at so please feel free to check out The CPA MOMS Podcast on Itunes, Spotify, Apple Music, iHeart Radio or you can simply go to cpa-moms.com/podcasts.

If you like what you hear on the podcast, we would be so grateful if you would share it with other accountant moms who could use some support as well.

How to Deal with Difficult People

How to Deal with Difficult People

How to Deal with Difficult People

Roadmap to The CPA MOMS Podcast – Difficult People

With over 60,000 downloads of the podcast, we know we’ve got some powerful information to share with accountant moms just like you.

We also understand that with over 100 episodes to choose from, it can be overwhelming to know where to begin. You are welcome to start any place you want, but it’s not necessary to go back to the beginning.

We created this roadmap to help onboard you to the podcast. We selected the episodes that would best get you up to speed and ready to tune in each Sunday when new episodes are released.

Whether you’re in public or private accounting, there’s no way to avoid having to deal with difficult people both personally and professionally.  Below you’ll find a few great podcast episodes for busy female accountant moms just like you to help you deal with the difficult people in your life. Feel free to check out The CPA MOMS Podcast in order to get practical support and solutions you need to have it all – a successful career and a happy family.

 

Difficult People

Whether it’s a micro-managing boss or an overbearing mother-in-law, handling difficult people in your personal and professional life can be challenging, especially for accountant moms trying to balance a career with a family.

Before you know it, you’re left frustrated, unable to focus on what you need to get done, unable to say no and feeling overwhelmed.

Let’s face it, you already have a lot on your plate and having to deal with difficult people can just add another layer of stress that you probably don’t need.

If you struggle with dealing with difficult people, with setting boundaries, or how to stop taking things personally, you might find the following episodes of The CPA MOMS Podcast helpful:

 

#2 – How To Set Boundaries The Correct Way

Envision this – resentment free relationships, no longer engaging in gossip, clear and honest communication with others and with yourself, managing your relationship with technology, feeling peaceful and in control.

This episode discusses shares the secrets to setting boundaries (hint: just saying “no” is not setting a boundary), what a boundary is and is not and share an example from my life.

How To Set Boundaries The Correct Way

 

#4 – Why We Take Things Personally And How To Stop

Have you ever made someone else’s mood mean something about you?  Have you ever felt defensive or uncomfortable when someone said something to you or about you?

This episode discusses why we take things personally, what we can do instead, why it doesn’t make you an uncaring person and the key to learning how to stop taking things personally.

Why We Take Things Personally And How To Stop

 

#53 – Learning How To Have a Difficult Conversation

If you are someone who is uncomfortable having a difficult conversation it’s because you were never taught the skill of how to have a difficult conversation.  It doesn’t require you to be negative, forceful or dramatic; it only requires you to be open to learning a new way of communicating and managing your mind.

This episode discusses the steps to having a difficult conversation and share examples so that, no matter what the outcome of the conversation, you will feel better for having learned this new skill.

Learning How To Have a Difficult Conversation

 

#91 – Dealing With Shame

As mothers we also have an incredible opportunity to deal with shame in a way that empowers our children to not stay hidden.  When we understand our own feelings of shame, what’s causing it and can powerfully deal with it, we can teach our children a better way as well.

This episode discusses where shame comes from, my own issues around shame and how to take back control of shame.

Dealing With Shame

 

#98 – Dealing With Difficult Clients

Unfortunately, no matter how well you screen potential clients or how long you’ve had a pleasant relationship with them, clients can be difficult at times.  It doesn’t matter how big or small your practice is, or what types of businesses you provide your services to, there is no guarantee that you’re not going to have to deal with difficult clients along the way.

This episode discusses the major categories of difficult clients, the main causes of stress around difficult clients and a tool to help you deal with them.

Dealing With Difficult Clients

 

You can find the full CPA MOMS Podcast Roadmap here: The CPA MOMS Podcast Mini-Directory By Episode

 

There are over 100 podcast episodes for you to take a look at so please feel free to check out The CPA MOMS Podcast on Itunes, Spotify, Apple Music, iHeart Radio or you can simply go to cpa-moms.com/podcasts.

If you like what you hear on the podcast, we would be so grateful if you would share it with other accountant moms who could use some support as well.

Successful Parenting for the Working Mom

Successful Parenting for the Working Mom

Successful Parenting for the Working Mom

Roadmap to The CPA MOMS Podcast – Parenting

With over 60,000 downloads of the podcast, we know we’ve got some powerful information to share with accountant moms just like you.

We also understand that with over 100 episodes to choose from, it can be overwhelming to know where to begin. You are welcome to start any place you want, but it’s not necessary to go back to the beginning.

We created this roadmap to help onboard you to the podcast. We selected the episodes that would best get you up to speed and ready to tune in each Sunday when new episodes are released.

We’ll start out with a topic that all working moms can resonate with – parenting.  Below you’ll find a few great podcast episodes for busy female accountant moms just like you.  Feel free to check out The CPA MOMS Podcast in order to get practical support and solutions you need to have it all – a successful career and a happy family

 

Parenting

 

Parenting is one of those topics that is incredibly challenging for moms, but is especially challenging for working moms.  When we are at work, we can feel guilty because we wish we were with our kids.  When we are with the kids, we can feel guilty because we wish we were at work.

No matter what profession you are in, working moms have a tug of war going on in our hearts and minds.  Unfortunately it’s been a war that’s been creating stress for us for decades.

As the podcast host of the CPA MOMS Podcast, a CPA in public accounting for over 30 years, and a mom for almost my entire career, I know first hand how challenging it can be.  They say it takes a village to raise a child, but I also believe it takes a village to help the mom raising that child.

Interestingly, mom guilt is one of those things that can strike at any time no matter what we do for a living, how many children we have, what their ages are, or how much help we have balancing our career with our family.

If you struggle with parenting, with being an accountant and a mom, as well as with mom guilt, you might find the following episodes of The CPA MOMS Podcast helpful:

 

#8 – Let’s End Mom Guilt, One Profession At A Time

Since my children are now in their mid to late 20’s, I have had the gift of being able to discuss their experiences with having a working mom, as well as talk about my issues with having mom guilt throughout their childhood. 

In this episode I discuss where the feeling of guilt comes from, some truths we may want to own, how we can end mom guilt and the last chapter of my mom guilt story.

Let’s End Mom Guilt, One Profession At A Time

 

#9 – Confessions Of An Introverted Mother

Since accountants tend to lean towards having introvert personalities, it can be challenging to be both an introvert and a mother.  It can make you question whether you’re doing a good job and judge yourself for your preferences. 

In this episode I discuss the qualities of an introvert, how those qualities have affected my role as a mother, and tools that you can use if you are an introverted mother

Confessions Of An Introverted Mother

 

#15 – Working Mom Mantras And Other Helpful Thoughts

As hard working moms, it would be nice to bring a little more peace and let go of a little more stress, which is why a mantra is such a great tool to start using.  It’s a simple sentence that, when used time and time again, can clear a way towards feeling how we’d like to feel. 

In this episode I share some working mom mantras, why you may want to start using one, and how to create your own. 

Working Mom Mantras And Other Helpful Thoughts

 

#45 – Parenting With A Managed Mind

One of the most challenging and rewarding roles you can have in life is being a parent.  I have yet to meet a parent who wasn’t surprised at what parenthood required of them.  In order to successfully parent your children it’s important for you to manage your own mind first.  Parenting with a managed mind means the difference between stress and peace, control and acceptance as well as fear and courage. 

In this episode I discuss parenting with a managed mind at various stages of your child’s life and offer examples of what a managed mind looks like at each stage.

Parenting With A Managed Mind

 

#82 – Being An Accountant And A Mom During A Financial Crisis

If being an accountant during a financial crisis wasn’t enough, many of us are also moms concerned with the safety, health and well-being of our children and families.  As moms, we already have these priorities to consider, but add a world-wide pandemic into the mix, and we can all be stretched pretty thin.

In this episode I discuss what’s within your control as an accountant and a mom and how to take back control.

Being An Accountant And A Mom During A Financial Crisis

 

You can find the full CPA MOMS Podcast Roadmap here: The CPA MOMS Podcast Mini-Directory By Episode

 

There are over 100 podcast episodes for you to take a look at so please feel free to check out The CPA MOMS Podcast on Itunes, Spotify, Apple Music, iHeart Radio or you can simply go to cpa-moms.com/podcasts.

If you like what you hear on the podcast, we would be so grateful if you would share it with other accountant moms who could use some support as well.

Great HR Information for You and Your Clients

Great HR Information for You and Your Clients

Great HR Information for You and Your Clients

End of Year 2020 Human Resource Updates

Around this time of year, most small and medium-sized businesses (SMBs) may be wondering what mandates and challenges they’ll likely face in 2021. Following a year marked by a deadly pandemic, socio-political unrest, a contentious presidential election season, and economic uncertainty, SMBs can expect policy changes and proposals in some federally mandated benefits.

It’s not surprising that COVID-19 and the current economic slowdown prompted Congress to adjust federal laws and regulations. These changes will affect the way SMBs plan and administer a few benefits, ranging from group health plans to leave policies.

 

Highlights:

 

• Healthcare: Patient Protection and Affordable Care Act (ACA) 

The cost of employer-sponsored health plans could account for a larger share of workers’ household income in 2021. The IRS raised the threshold on employers’ lowest-cost, single coverage healthcare plans to 9.83% of employees’ earnings, up from 9.78% in 2020, but slightly lower than 2019’s rate of 9.86%. The IRS makes annual rate adjustments, known as cost-sharing limits, to ensure compliance with the ACA’s affordability mandate.

Benefits experts attribute the higher threshold to premiums for employer-sponsored and private-market plans outpacing income growth for workers. Cost-sharing limits apply to employers who had 50 or more full-time workers, or full-time equivalent employees (FTEs), in the previous calendar year. Employers may want to price some plans below the threshold to avoid penalties for not complying with the ACA. To price plans based on cost-sharing limits, employers will need information on household incomes. However, they can calculate this data based on documentation they already have on file, including employees’ pay rates and employees’ W-2 forms.

Employers also can expect higher penalties for noncompliance with the ACA in 2021. Infractions classified as Penalty A rose from $2,570 annualized in 2020 to $2,700 annualized in 2021. Penalty B infractions rose from $3,860 annualized in 2020 to $4,060 annualized in 2021.

 

• Social Security 

Employers will see a modest increase in their share of payroll taxes under the Federal Insurance Contributions Act (FICA) as of January 1, 2021. The cap on earnings subject to the Social Security (SS) tax will increase from the current $137,700 to $142,800 in 2021. Employers and employees split the 12.4% tax (6.2% each) set by law to fund SS. The payout will be a bigger share of the benefit’s cost in 2021 to cover the $5,100 cap increase.

 

• Medicare 

The Medicare portion of the FICA tax remains at 1.45% for both employers and employees, with no limit on earnings. Also, employers must continue to withhold the additional 0.9% Medicare tax on employers earning more than $200,000 in a calendar year.

 

• COVID-19 deferments 

Due to the pandemic, certain employers will be able to defer their payroll taxes into 2022. The Coronavirus Aid, Relief, and Economic Security (CARES) Act that lawmakers passed in March 2020 allows employers to defer the deposit and payment of their share of FICA taxes from March 27 through December 31, 2020, and then pay to the Treasury Department one half of the tax owed by December 31, 2021, and the second half by December 31, 2022.

The CARES Act allows employers to suspend the withholding of employees’ share of FICA taxes from September 1 to December 31, 2020. The deferment applies to only employees earning less than $4,000 during a biweekly pay period and salaried employees earning less than $104,000 a year. However, employers that defer withholdings can collect payments from employees between January 1 to April 30, 2021, to pay the tax. The Society for Human Resource Management recommends that employers prepare for the increase in payroll taxes by adjusting their payroll tax system to cover the cost increase and notifying employees in advance of the change.

 

• Leave benefits

SMBs that pay qualified leave wages currently are eligible for tax credits under the Families First Coronavirus Response Act (FFCRA), which evolved under the CARES Act. Employers that offer qualified sick leave, family leave, and retention leave — as well as health plan expenses — may take refundable tax credits against a certain share of their employment taxes through December 31, 2020. The FFCRA applies to employers with fewer than 500 workers and some public employers.

The legislation allows employers whose operations were fully or partially suspended by government orders or who experienced a decline in business due to COVID-19 a tax refund of up to 50% of the qualified wages. Included in the allowance are health expenses and a $10,000 limit per worker in qualified retention wages covering a sum of calendar quarters.

 

• Unemployment insurance

The CARES Act became law, in part, to help employers stay in business and keep workers on the payroll during the pandemic. But the $600 per week unemployment insurance benefit (UI) and the 39-week extension in state benefits from earlier this year were only temporary solutions.

Based on Bureau of Labor Statistics data, the Center on Budget and Policy Priorities (CBPP) — a nonprofit policy and research organization — forecasts a 10.2% hike in the unemployment rate for the first quarter of 2021. Unless Congress and the Administration agree to extend the CARES Act’s provisions beyond the current year and before the presidential election on November 3, 2020, SMBs can expect no changes in UI policy for 2021.

Information provided by our ADP Rep: Click here and complete the form to be connected.

Solving Pain Points

Solving Pain Points

Pain Points

Solving Pain Points

Stop the pain! Working smarter, not harder.

It’s tough to grow your company when you have a pain point that prevents you from going to the next level. Unfortunately, you don’t recognize a pain point until you literally feel the pain! By the time you feel it, you likely don’t have the resources to solve it. 

Common pain points from those that own accounting firms or tax firms and what some of the cries for help sound like:

  • Need Support: I have so much work and the demands are high. I’m overwhelmed and need help but don’t have time to find the help. I know that there are systems and applications that can help run my business and I’ve tried some but how do I know which is the best one?
  • Lack of Confidence: I feel like my clients are sucking the life out of me. Am I being too nice? I give them an inch and they take a mile.
  • Don’t Have the Time: There is so much administrative work to do with running my business. I have to work on my business and in my business at the same time. I keep trying to set up a process but I can’t find the time to complete it.
  • Need More Quality Client: I get referrals and some leads but they aren’t in the specific industry that I enjoy working with.

Starting, running, or growing a business isn’t always easy… actually is rarely easy. After all, you went to school to get educated on how to do the accounting/tax work, not become an entrepreneur! 

We know your pain, we’ve lived your pain and now in our community we hear it and see it over and over.  This is why CPA MOMS has a FB community, weekly newsletters, weekly podcasts, monthly webinars/gatherings, and other services like placement, coaching and franchising.

We always reach out to our community and ask for input and ideas so that we can better serve you. If you’ve ever thought about reaching out, we encourage you to do so. We have discovery calls to speak with a care specialist and learn more about what we have that can benefit you.

A common comment/question that we get is: I look on your website and I get confused on what you offer. It looks like a lot but I don’t understand exactly what everything is and what I qualify for.

Well, we hear you and we will be explaining in detail in the upcoming blog posts to help you understand how we have ways of solving your pain points so that you can get to the next level of your business.

There’s a lot of information coming your way so stay tuned! In the meantime, stay involved and support your peers in the FB Community. If you need access to the FB Community or you have any other questions, please feel free to email community@cpa-moms.us for more information.