Ryan J. Almusawi, EA

1.6K posts

Ryan J. Almusawi, EA

Ryan J. Almusawi, EA

@RyanAlmusawi

Tax bro

Fort Worth, TX Katılım Haziran 2023
662 Takip Edilen203 Takipçiler
Ryan J. Almusawi, EA
Ryan J. Almusawi, EA@RyanAlmusawi·
@seanfrank i recommend paper checks only and ground shipping — not expedited. the next-day shipping airplane could crash making billing a headache
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Sean Frank
Sean Frank@Seanfrank·
agency owners and service providers: want to work with bigger clients? want to bill more? here is ONE simple trick... get better at billing, invoicing, and AP dont send invoices late and demand same day payment. dont try to get paid via zelle or paypal dont make it a chore to pay you.
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Jason Staats⚡
Jason Staats⚡@jasononfirms·
Most accountants never learned the 10 commandments of running a successful firm! Crazy this isn't taught in school. Here they are: 1️⃣ Answer your phone Not literally every call. But clients must know how to reach you, when to expect a reply, and what the rules are. Clear beats fast. 2️⃣ Don’t listen to Dennis Dennis is your C client. He’s loud, hates your new prices, wants “how it used to be.” Build your firm around Dennis and your best clients lose. 3️⃣ Fire your legacy clients Good person ≠ good client. Anyone who wants the old version of you is pulling you away from the firm you’re trying to build. 4️⃣ Covet better clients Most firms could cut half their clients and lose little profit. Your job is to protect the A-clients and make room for more of them. 5️⃣ Prioritize profit over growth More clients + more work is not the goal. Healthy margin is. Profit fixes hiring, burnout, and bad systems faster than “more volume” ever will. 6️⃣ Fire yourself first Your time is the most valuable in the firm. Hire people to take your work first, not more staff work. Buy back your time to fix the business. 7️⃣ Help your team fire themselves Teach your senior people to push low-value work down. Everyone should be moving toward higher value tasks, not paper pushing. 8️⃣ Build a real staffing plan “Wait until we’re drowning, then panic-hire” is not a strategy. Know who you need next, what they’ll do, and how you’ll ramp them. If you can't find the right person, it's time to change strategies. 9️⃣ Be visible Show your work in public. Talk about your niche. Share what you’re learning. People can’t hire the best-kept secret. 🔟 Be helpful The easiest marketing? Answer questions. Share templates. Teach what you know. Helpful firms become “the obvious choice” over time. In summary: Value your time time Properly curate your client list Don't let C clients stop you building a firm for A clients 🤝
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Ryan J. Almusawi, EA
Ryan J. Almusawi, EA@RyanAlmusawi·
@jasononfirms Ah, very helpful... thank you sm! Def. still trying to nail a renewals workflow down. It's rocky ATM.
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Jason Staats⚡
Jason Staats⚡@jasononfirms·
Yeah generally I'm assuming they're coming back unless we've had a conversation otherwise I have a sequence of emails about what to expect in the leadup to the proposal, including deadlines Then the proposal If it's big $ I tell them to schedule a call for us to discuss once they've had a chance to review it If it's just volume 1040s I include my calendar link if they want to book but most don't
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Jason Staats⚡
Jason Staats⚡@jasononfirms·
I've helped 600 accounting firms switch to 3-tier proposals. Here's what surprises them most:
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Ryan J. Almusawi, EA
Ryan J. Almusawi, EA@RyanAlmusawi·
xero’s new cash flow manager >>> quickbooks online’s cash flow manager finally had the chance to play around with both, and wow!
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GREG ISENBERG
GREG ISENBERG@gregisenberg·
EVERYTHING I’VE EVER GOT IN LIFE WAS BECAUSE I CLIMBED CRINGE MOUNTAIN. YOU SWEAT, YOU SHAKE, YOU LOOK STUPID. AND THEN ONE DAY, IT BREAKS OPEN. AND SUDDENLY YOU’RE THE ONLY ONE WITH A VIEW.
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Michael Girdley
Michael Girdley@girdley·
Your daily reminder that the best learning comes from trying things that won't succeed. So the optimal strategy is to be prolific. Produce a lot of stuff. See what sticks. Sure, you'll have more L's in life. But people only remember your greatest hits anyway.
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Ryan J. Almusawi, EA
Ryan J. Almusawi, EA@RyanAlmusawi·
after being MIA, i'm back on x with this much energy!
Ryan J. Almusawi, EA tweet media
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Matthew J. Cordes, EA
Matthew J. Cordes, EA@cordes_tax·
My mom took Tylenol when she was pregnant with me and now I do taxes. Coincidence?
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Tax Notes
Tax Notes@TaxNotes·
Kansas lawmakers are proposing to amend the state constitution to allow for the eventual elimination of the state's income, property, and privilege taxes. Read more from @EmilyHoll9: taxnotes.co/46yrB2w
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Mike Sylvester, CPA
Mike Sylvester, CPA@FortWayneCPA·
I am almost scared to post this question. What is the single best thing that could happen for the benefit of the United States? I will go first, we could elect all new people to Congress in 2026...
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Gabe Pluguez
Gabe Pluguez@Gabepluguez·
I weigh my food like I weigh my words. Both shape who I become. Both require intentionality. Both reveal my character. Precision in small things creates power in big things.
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Ryan J. Almusawi, EA
Ryan J. Almusawi, EA@RyanAlmusawi·
@jasonfried Ooh, question: if a card is in "YES!" and has a workflow attached to it...then is moved back to the stream or "MAYBE" columns, does the workflow essentially remain intact, but just in a "hidden" state; or, would it reset? Just curious! Love the streams/shores idea BTW!
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Jason Fried
Jason Fried@jasonfried·
Here's a video look at an idea we're exploring prior to shipping Fizzy 1.0. Internally we're calling it Streams and Shores. In the pre-1.0 product development process, there are typically two great times to try unusual ideas. Early and late. Early because nothing is formed yet and anything is possible, and late because if you don't do it then, the concrete will firm up. Breaking it apart after a 1.0 is quite jarring. I go into this approach, and walk through the new idea in the video below. Let me know if you have any questions.
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Ryan J. Almusawi, EA
Ryan J. Almusawi, EA@RyanAlmusawi·
@jasonfried Very excited for Fizzy! I'm already thinking through different applications like tracking short-form content ideas. Seems light and about the work. Feels very similar to @basecamp's Card Table but dressed up. Would love to see some of these features in Card Table someday!
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Jason Fried
Jason Fried@jasonfried·
Speaking of unusual ideas, we're trying a quirky, unorthodox layout variation with Fizzy that I'm really liking so far. I'll record a video walkthrough next week, but here's the idea... Before we had two columns, one on the left and one on the right. We like the simplicity of that, but binary choices often make choices hard. There's a lot more grey than there is black or white. What we wanted was a middle ground. Some place just to put stuff that was new, we weren't sure about, stuff that's paused, things on hold, a place to stash things temporarily, room to change your mind without making a definitive "it has to be the other" choice. So, here's what we're playing with. Internally we're calling it The River, and the columns are essentially The Shores. There's a left shore and a right shore. New cards are added to the river, right down the middle. We named the left shore Maybe and the right shore Yes (maybe you'd name them "Up Next" and "Working On" or "Considering" and "Doing" or whatever. You can drag a card right out of the river and drop it right into Yes if you're going to start working on it now. Or, you can drag a card out of the river and plop it on the Maybe shore if you're considering it, but not ready to start yet. Everything else stays in the river, down the middle. This isn't left to right, it's two distinct spaces with something fluid running down the middle. Eventually, things that don't get chosen, or sit around on either shore for too long, fall back into the river and sink. They're automatically closed. Now... Are we going to surface this River and Shore language? Unlikely. It's just conceptual for us to help frame the idea and think it through. Are we going to keep this center column? Don't even know! But we're running it internally on our production version of Fizzy and it's been interesting so far! We'll see how it shakes out. No Figma mockups, no abstract imagination — just make the thing and try the thing with real data and see. And most of all, never be afraid to try something unusual — look for fun opportunities to explore. You just never know. Now at some point we have to make a call and ship, and we're close to that, but 11th hour shakeups are common and often lead to the biggest breakthroughs. There's something about *almost* setting the concrete that makes you question what you're pouring. Video next week.
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Jason Staats⚡
Jason Staats⚡@jasononfirms·
If you've used any cool new AI tax workflow apps, I want to hear from you! What are you loving? What were you disappointed by? Over $200M+ in investment has gone into this tech category in the last few years, but tell me, what apps are actually working well for you at this point?
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