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

April 15 Tax Filing Deadline Extended

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...

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COVID-19 Tax Payment Deferral

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...

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How to Get Ready for Your Next Audit

How to Get Ready for Your Next Audit

Let’s face it, no one looks forward to the auditing process. It is much more fun to go play golf or take care of everyday business challenges, than get ready for your auditor’s visit. Often, people perceive the audit as beginning on Day 1 and, therefore, don’t focus...

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Why a Quality Audit Matters

Why a Quality Audit Matters

These days, financial statements are under more scrutiny and subject to stricter regulations to meet high quality standards in the U.S. and around the world. Whether you are a private company needing to comply with your bank’s credit agreement, or a publicly held...

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Day in the Life of a Tax Accountant

Day in the Life of a Tax Accountant

Working at Weinstein Spira as a tax accountant since September 2018, I can honestly say there’s always a lot happening on any given day, whether it’s the busy season or not. Driving to Work My day begins with driving 30 miles into Houston from Brookshire (west of...

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Video: Executor Responsibilities

Being an executor of an estate is an honor but also a big responsibility. Are you up to it? Amy is letting you know your responsibilities as a loved one’s estate executor. Contact her here if you have any questions about being an executor of an estate. Executor...

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Day in the Life of an Audit Senior

Day in the Life of an Audit Senior

There is really no “typical” day to speak of in my experience as an audit senior. I find that every day is different based on the season. My busy season spans from January to the end of May for corporate clients, during which I am hyper-focused. Then, I have a bit of...

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