Finance & Enjoyment Blog

November 18, 2015Year End Financial Planning for Your Practice
Category: Time Management and Organization

Year End Financial Planning for Your Practice The end of 2015 is rapidly approaching. And, with the yearend come deadlines in the midst of the holiday madness. As a successful medical practice, what should you do at year end to prepare for 2016? Your Denver CPA have put together some tips to help you as we approach yearend that will help set you up for success in 2016. Accelerate Expenditure – Avoid a Low Cash Balance Some practices that are typically cash-based versus accrual-based will use cash to maximize expenditures to limit taxation. Such things could be staff and physician bonuses, medical supplies, office supplies or equipment. …

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September 27, 2015Secrets to Productivity
Category: Time Management and Organization

Secrets to Productivity Secrets to Productivity Have you ever wondered what productivity secrets top business professionals abide by? What is it that allows them to seemingly be so productive and keep going? Here at KKB, your Denver CPA experts, we too have wondered what the secret recipe is for productivity. We did a little digging and put together the following tips. Obviously, there are many tips that you can find circulating out there, but we tried to narrow them down to what we felt were the most useful and practical to our medical practice consulting clients. Eat Your Frog While the term “eat your frog” ma …

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June 16, 2015Tips to Better Manage Your Time
Category: Time Management and Organization

Tips to Better Manage Your Time Managing Your Time Better Chances are that at one point or another you’ve spread yourself a little too thin due to poor time management. There are only so many hours in a day and it is easy to schedule too much in those few precious hours. There are ways to cut down on wasteful hours though, and we at KKB, P.C.. are here to help you. Chances are you don’t even realize where there is time available, so let’s break it down. Keep a Schedule Handy While it is likely you already have a schedule for work, you may also want to consider scheduling your workouts, time with your family and more …

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May 06, 2015The Best Apps for Busy Professionals
Category: Time Management and Organization

The Best Apps for Busy Professionals In our electronic reality, there are seemingly apps for every issue we may have from fitness to finance and to-dos to time management. The challenge isn’t finding an app, it’s finding the right app among the thousands that you can adopt into your everyday life to help manage time and get you organized. Here’s a look at five apps the financial experts at KKB have found to be useful to keep on top of our schedules when we advise our clients about personal wealth management. Timers: Although there are many apps that can be used for clocks, stop watches and timers, why not start off with using t …

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March 25, 2015Time Management Tips to Make You More Productive
Category: Time Management and Organization

Time Management Tips to Make You More Productive Have you taken classes, gotten apps and read everything in books and blogs in order to get your time management under control? Do you still feel like you’re fighting an uphill battle to get everything done even with all of that effort? Turns out we learned several time management tips over the years when helping our clients with tax planning and preparation that we are excited to share with you. 1. Document how you spend your time OK, we realize this tip might seem like we’re adding to your plate, but we think it really is time well spent. In order to improve time management, take some tim …

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January 09, 2015Get Organized for Tax Day: KKB CPAs Has the Tax-Day Prep List You Need
Category: Time Management and Organization

Get Organized for Tax Day: KKB CPAs Has the Tax-Day Prep List You Need Get Organized for Tax Day: KKB CPAs Has the Tax-Day Prep List You Need With holiday and New Year celebrations behind you, it’s time to start tax planning and preparation to get organized for tax day so that you are able to file your 2014 tax returns on time. A little preparation in January pays huge dividends with time and stress saved once tax day hits, not to mention a better chance of getting the most deductions and tax benefits. Set Up Your System It doesn’t need to be fancy, but every household should have a tax organization system in place. Even if it’s just a shoebox piled h …

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December 11, 2014Denver CPA Brings You Key to Reducing Holiday Stress
Category: Time Management and Organization

Denver CPA Brings You Key to Reducing Holiday Stress As a Denver CPA, we know a lot about year-end stress. Last opportunities to make donations, reviewing portfolios and boosting withholdings so you don’t owe the IRS can all be part of the added chaos. Plus, the holiday season, in itself, is very busy. There is shopping, parties, commitments, family, travel and more. They all pile up and, sometimes, make for a less than joyful year-end. But, from a practical standpoint, here are some things you can do to reduce your stress and improve your peace of mind during this crazy season. Pass on Perfection Don’t be fooled by the pages of lifestyle …

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May 07, 2014Denver CPA: Organize Your Spring Cleaning
Category: Time Management and Organization

Denver CPA: Organize Your Spring Cleaning Spring is in full swing in Colorado. We were lucky enough to see temperatures in the 70s in early March, and the beautiful weather has continued in April. While many people focus on Spring Break, and other family vacations during this time of year, we want to remind you that April is also the perfect time to get a start on your spring cleaning. Hopefully we didn’t remind you of your many chores on your to do list. Your Denver CPA Firm just wants to suggest that spending some time cleaning will help you get organized for the rest of the year. Besides, getting organized helps enhance the fee …

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January 27, 2014Clean That Desk Up!
Category: Time Management and Organization

Clean That Desk Up! Are you guilty of having a messy desk? It’s OK, we’ve all been there. A common New Year’s resolution is to get more organized, and as luck would have it, your CPA Denver team has all the answers on making sure your resolutions for 2014 don’t get broken. Here’s our tips on organizing a mess desk. If you have a messy desk, the first step is probably the easiest: remove everything off the top of your desk. Remove your computer, lamp, pictures, phone and the three week old coffee mug you’ve been hanging on to. From here you need to decide on which items you use the most. It’s probably going t …

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December 05, 2013Time Management Skills For The New Year
Category: Time Management and Organization

Time Management Skills For The New Year November usually sparks some emotion in people’s minds. Whether it’s, “December is here already” or “I need this year to be over with” we’re all dealing with stress of work or stress of the upcoming holidays. Soon your house will be full of family and guests for the holidays. Some people take this time to wind down and reflect on the year that was. Others try to stay sharp and focused on what they need to get done for the New Year. No matter how you look at it, your Colorado Certified Public Accountants want you to keep your time management skills sharp for 2014. There are tons of books, In …

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September 03, 2013Pummel Procrastination, Promote Productivity
Category: Time Management and Organization

Pummel Procrastination, Promote Productivity Pummel Procrastination, Promote Productivity Nearly everyone falls victim to procrastination. These days especially, when the internet, cell phones, and social media provide such constant and convenient distraction, it is even harder to sit in front of a computer and take on a long, unpleasant task. Procrastination is not a mark of unintelligence; indeed, completely active and adept people still have trouble committing to their responsibilities, and even perfectionists will put off work for days, thinking themselves unequipped for the task at hand. But sooner or later, the chores must be done …

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May 07, 2013Three Time Management Ideas To Achieve Work and Personal Goals
Category: Time Management and Organization

Three Time Management Ideas To Achieve Work and Personal Goals Three Time Management Ideas To Achieve Work and Personal Goals Time is an important issue for most of us, and we feel like we never have enough. At the end of a long day, we often come home feeling exhausted and unable to do anything except watch a few hours of TV and go to bed. However, there are various methods we can use to improve our time management. Here are a few of the best known time management ideas we can use to improve efficiency: 1. The ABC method: This is probably the simplest of methods; it involves taking your tasks and prioritizing them in the following way: A—This inc …

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March 22, 2013Time Management Ideas for Greater Efficiency and More Free Time
Category: Time Management and Organization

Time Management Ideas for Greater Efficiency and More Free Time Time Management Ideas for Greater Efficiency and More Free Time Most of us struggle to get our to-do lists done while still having some free time for ourselves. Sometimes it feels like there are just not enough hours in a day to get everything done. If you are feeling overwhelmed and feel as though you don’t have enough hours in the day, check out these time management ideas to boost your efficiency and get more out of the day: 1. Take a look at your typical day. Try a new exercise routine and record your activities for a short period of time for three days in a row. You can use a spreads …

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January 17, 20133 Easy Time Management Tips for Greater Efficiency
Category: Time Management and Organization

3 Easy Time Management Tips for Greater Efficiency In our everyday lives, we all are challenged to get our to-do lists done, while still having time for family. But sometimes it feels like there are just not enough hours in a day to get everything checked off. If you are feeling like you just don't have enough time, check out these time management ideas from KKB CPAs to boost your efficiency and get more out of the day: - Take a look at your typical day: Try an exercise in which you record your activities for a short period of time, such as three days. You can use a spreadsheet to easily t …

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November 30, 2012Your Life: Which Tablet To Choose?
Category: Time Management and Organization, Entertainment and Events

  There’s currently a tablet cold war going on between Apple and Amazon with no clear winner in sight. Well, except for the consumer that is. The reveal of the iPad Mini and the Kindle Fire HD function as the latest two shots in this ongoing feud that began several years ago when the original iPad came out as more than just a simple E-Reader like Amazon’s Kindle. Since that time, the two companies have competed side by side in the tablet war, but what’s the difference between the two? For Apple, the iPad serves as a connection between the e-reader community and the mob …

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November 06, 2012Your Financial House: Should I start my Social Security Early?
Category: Your Financial House, Time Management and Organization, Retirement and Exit Strategies, Rules and Regulations

Should I start my Social Security Early?   A good friend of mine just turned 62. He announced to me he was going to start his Social Security. I have analyzed this several times and knew this would not be the best economic answer. The reduction they impose for starting early is significant. So I asked him to wait, and send me the amounts he would receive now, and the amounts he would receive if he waited until his normal retirement age at 66. He has a pension from his career employer that is decent, so I knew he would have respectable income without Social Sec …

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October 21, 2012Tax Tips: The Dangers of Tax Software
Category: Your Financial House, Time Management and Organization, Rules and Regulations

If you use programs such as Turbotax, ACTtax, or many of the other home tax preparation software, and there turns out to be an error in your return, your reliance on the software is not a valid excuse for relief from any penalties assessed by the IRS. Unlike using a CPA or third party preparer, the court's classify returns prepared through the use of tax software as self-prepared returns. Depending on the severity of the error, the IRS could impose significant penalties so it's crucial the return is properly reported when filed.

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May 10, 2012April In A CPA Office
Category: Time Management and Organization

     April in a CPA office is a mad dash to the tax deadline followed by a few of the slowest weeks of the year. It's a weird thing to go through. One week it's ten hour days Sunday through Saturday, the next week it's only a thirty-two hour week since the day after the tax deadline is a holiday.       The week before the deadline is one of tireless work all in order to gain an estimate of owed taxes for extension purposes. The printers run nonstop, the telephones constantly ring, and for the first time all year, the pile of tax returns waiting fo …

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April 05, 2012March In A CPA Office
Category: Time Management and Organization, Entertainment and Events

March In A CPA Office In a word, March in a CPA office is hectic. It’s a non-stop rush that frequently features 10+ hour days for six or sometimes even seven days a week. There’s the corporate deadline on the 15th which serves as the catalyst for the initial crunch, but individuals, partnerships, trusts, and non-profits provide plenty of work through the rest of the month. Another thing that makes March such a busy month is that our monthly work still gets done. Whether it is retirement planning, payroll, bookkeeping, analyzing, or consulting, the work still gets done One …

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February 19, 2011CPA Advice - 10 Tips on Time Management
Category: Time Management and Organization

Top Ten Time Saving Tips - No matter how efficient a person may be, improving time management is something everyone can benefit from. These changes do not need to be extravagant or excessive, but rather can be minor tweaks here and there throughout the day to save on time, planning, energy, and stress. Here are Ten Tips on Saving Time: Have everything laid out and ready to go in the mornings. This includes food, clothing, documents, keys, etc. An enormous amount of time is spent rummaging through closets and refrigerators when it could be done the night before when time is more forgiv …

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November 27, 2009Your Time Management - Raising an ADD or ADHD Child
Category: Time Management and Organization

I made it!  Both of my boys were diagnosed with ADD or ADHD at a young age.  What a struggle it has been getting them through school.  My youngest is a senior in high school and by the grace of God he will graduate in May. There have been many obstacles to overcome during their school years.  For my oldest, staying focused on homework, or just a simple task that was out of the ordinary, were his biggest obstacles.  He has ADHD. Trying to keep him in a chair for more than 2 minutes was such an effort.  There were many days when he was younger that we would have t …

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