In many ways, tax season is similar to the New Year. How could that be? Tax season is full of anxiety and deadlines, whereas New Year's is full of parties and fun. The similarity is that, like New Year's, tax season is a time when many of us evaluate the last year and make resolutions for the year ahead. Although many of us dread tax season, it is a good time to focus on our financial goals. read more »

The NLRB-filed "Facebook Firing" case – which had been set for a hearing in late January – has instead been privately settled. The case involved a Connecticut employee who was fired for violating the employer's written policy barring employees from describing the company "in any way" on social media sites. read more »

This week the Nashville Business Journal featured the 5 “Top of the List” accounting firms in Middle Tennessee. Lattimore Black Morgan and Cain has been ranked #1 in the Middle Tennessee area for 2010-2011.  The Brentwood-based firm has 240 professionals* and a total staff of 256 in middle Tennessee. LBMC also has offices in Knoxville and Chattanooga, Tennessee and totals roughly 400 employees. read more »

Generation Y, the fastest-growing segment of the American work force today, is also the least understood group for many employers. This generation is a unique group in both their demands and demeanor, and they are taking on a very different set of obstacles than their parents or grandparents did in their younger years.

Generation Y, also known as the "Millennials," is the fastest-growing segment of the American workforce today. At almost 80 million strong,Gen Y includes those born between 1980 and 1995. read more »

As a leader, you are bound to make mistakes. It is human nature to want to forget about, cover up, or blame someone or something else for them happening. But the most effective leader is one who not only manages them, but turns mistakes into opportunities for furthering your vision. This article continues our Leadership Development Series, focusing on Five Tips for Managing Your Mistakes. read more »

Each year many of you make a New Year’s resolution to lose weight or get healthy but unfortunately for many that resolution never becomes a reality. So how can you make this year different and not only improve your overall health but keep doing this for a lifetime? The key to a New Year’s resolution is YOU! You make the resolution and you have to keep it – it’s as simple as that but acting on that simple statement takes a lot of hard work. Another point is what motivates you because if you are motivated you are more likely to succeed with any resolution you make. read more »

Today the average age and net worth of families are decreasing. As a result, most have made the shift from accumulation of wealth to preservation of wealth. When one thinks of preservation, often thoughts go to estate planning and the passing down of the wealth to the next generation(s), it is really a combination of four key areas that LBMC calls Wealth Management that have the greatest impact of wealth preservation. These include:  read more »

It's a fact that almost every manager will have an underperformer at some point in his/her career. Don't be frustrated, don't ignore the problem, don't let your team suffer, and don't revert to termination as the first resort. Implement a Performance Improvement Plan to work with your employee, and measure the results.

As a manager, your goal is to get the most out of your employees. Sometimes all it takes is a nudge in the right direction to get your employee back on track. Other times, it requires a little tough love from your end. read more »

Thanks to everyone who entered in the Apple iPad giveaway – we had a blast (except for the time spent pulling together the thousands of entries to find the winners) ;)

Apparently a lot of you are interested in this crazy little gadget...
Thank you for your interest in LBMC.

Here are your winners!

Phil Morris (Nashville)
Chris Camp (Knoxville)
Sam Snow (Chattanooga)

Microsoft is featuring several year-end incentives for business owners.  If you’ve been contemplating additional users or products, now is a good time to take the plunge.

With it’s “Microsoft Dynamics ERP Holiday Season User Offer,” Microsoft is taking up to 20% off the standard list price when you purchase additional GP or SL user licenses (minimum of two.) read more »