What is a NextGen Mentor? In this context, a NextGen mentor is someone who coaches an employee in the accounting profession, where the person coached has less than five years of experience. Whether you are mentoring Generation X, Y, or Z…being an early career coach is...
The Balancing Act
Weinstein Spira Blog
Weinstein Spira’s blog, The Balancing Act, provides helpful information on technical accounting and CPA firm culture.
Top Categories: Culture Tax Audit Our Team Employee Benefit Plan Audits
3 Ways to Prevent Remote Work Burnout
Prior to the pandemic, Weinstein Spira allowed everyone to work from home once a week as part of the firm’s work-life balance philosophy. Now that we are working from home every day, there are some ways to avoid “remote work burnout.” Since I moved during the...
Insider Tips on Passing the CPA Exam
Taking the CPA exam at any time is a huge challenge, as those who have been through the process will attest. It can be a challenge trying to work full-time while studying, so most people want to take the exams as quickly as possible upon graduation. In light of the...
American Rescue Plan Act
The American Rescue Plan Act (ARPA) of 2021 is a $1.9 trillion economic stimulus bill signed into law on March 11, 2021. Some of the highlights of the business provisions include: Employee retention credit – Extended for quarters through December 31, 2021 The...
Employee Retention Credit
Updated in March 2022 The Employee Retention Credit (ERC), established by the CARES Act, provides a dollar-for-dollar credit against employment taxes to qualifying companies impacted. The credit availability extends through September 30, 2021 for most taxpayers (the...
Landing Your First Job: Six Best Questions to Ask an Interviewer
During pandemic or non-pandemic times, it can be daunting to land that first entry-level job right out of college. Likewise, an early career move from one company to another comes with a certain amount of interview anxiety. At any given point in time, there are many...
Virtual Job Hunting: How to Put your Best Foot Forward
Even outside of COVID-19 times, applying and interviewing for a new or first-time position can be challenging. As a result of the pandemic, job hunting is different. To add to it, there are an increased number of people going after the same spot. You may be thinking:...
Weinstein Spira Hires Two New Managers
Houston, Texas – Weinstein Spira, the mid-market public accounting firm for Houston’s top high net worth individuals and privately held businesses, is thrilled to announce that Carolyn Stanton and Heather Branham have joined the firm’s leadership team. “We are excited...
What Has Working Remotely Taught Us About Communication?
After working from home for so many months, a big reveal for me and countless others has been the importance of communication—both casual communication and deliberate conversations that drive business excellence. That includes problem-solving, feedback sessions,...
Consolidated Appropriations Act, 2021: Summary of Business Provisions
The Consolidated Appropriations Act, 2021 (the Act) is now law. The Act provides $900 billion for COVID-19 related relief, including $285 billion for the Payroll Protection Program (PPP). In summary, the Act makes multiple modifications to existing laws, including...
Lease Accounting for Restaurants
In case you haven’t heard…a new accounting standard is coming that will affect accounting for business leases of all kinds for the calendar year ending December 31, 2022 (for privately owned businesses). In this blog post, I will focus on restaurant leases as this...
Estate Planning During the COVID-19 Era
Our world has been turned upside down, and the year 2020 will forever be remembered as the year of COVID-19. With everything that is happening around us, both young and old are wondering: What if I contract COVID-19? Are my affairs in order? Will my family know my...
Tips for Success in Accounting Internships During COVID-19
My experience with Weinstein Spira as an intern has been nothing short of amazing, even during COVID-19. Was it different than I expected? Yes. Was it worth my time? Absolutely. In this post, I am sharing what my internship looked like in the summer of 2020. Securing...
Weinstein Spira Announces Senior Manager Promotions
Weinstein Spira, the mid-market public accounting firm for Houston’s top high net worth individuals and privately held businesses, is proud to announce two promotions to the firm’s senior manager level. Amy Sbrusch has been with Weinstein Spira for over 12 years. She...
Weinstein Spira Relocation Provides Growth and Innovation
Weinstein Spira, the public accounting firm for Houston’s top high net worth individuals and privately held businesses, has relocated to the Regions Financial Center in Houston, Texas. Their new address is 3773 Richmond Avenue, Suite 900, Houston, Texas 77046. The new...
PPP Flexibility Act Becomes Law
The Paycheck Protection Program (PPP) Flexibility Act of 2020 (the Act) became law on June 5, 2020. This Act applies only to section 1106 of the CARES Act, which pertains to the forgiveness of PPP loans. The following is a summary of the Act: PPP borrowers have...
6 Ways to Ace Video Interviews
Video job interviews are becoming more common in the hiring process due to the COVID-19 pandemic. With stay-at-home orders in place for many areas, video interviews prove to be the best way to continue the hiring process without causing major delays. These...
6 Ways to Find Success When Working from Home
If you have never worked from home for an extended period of time, this pandemic-induced new schedule may be a shock to you and your family. Have you settled into your “new normal”? How is your family adjusting? As a Weinstein Spira virtual team member, I spend most...
The Impact of the CARES Act on Retirement Plans
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) became law on March 27, 2020. The CARES Act provides financial relief to individuals and businesses impacted by the COVID-19 pandemic and contains several provisions that affect retirement plans. The...
The Families First Coronavirus Response Act Summary
Relief Available for Businesses and Individuals The Families First Coronavirus Response Act (the Act), enacted on March 18, 2020, requires employers with fewer than 500 employees to provide a certain amount of paid sick and paid family leave to employees affected by...
The CARES Act Summary
Relief Available for Businesses and Individuals The Coronavirus Aid, Relief, and Economic Security Act (the Act) became law on March 27, 2020. The estimated $2+ trillion and 880-page legislation includes public health spending, immediate cash relief for citizens, a...
April 15 Tax Filing Deadline Extended
Due to the COVID-19 pandemic, the IRS announced that tax returns, originally due on April 15, 2020, will not have to be filed until July 15, 2020. The postponement applies to individuals, trusts, estates, partnerships, associations, companies or corporations with a...
COVID-19 Tax Payment Deferral
Following President Trump’s declaration of a national emergency, Treasury Secretary Steven Mnuchin stated at a press conference on March 17, 2020 that individuals can defer tax payments up to $1 million for 90 days. Corporations can defer up to $10 million of tax...
A Message from Weinstein Spira Regarding COVID-19
Given the recent developments surrounding the spread of COVID-19, Weinstein Spira has instituted a remote work plan for our employees, and our physical office is currently closed. We are taking every step possible to ensure the health and safety of our clients,...