Mark Lee

MARCH 21, 2023

What do you do to ensure that your clients are aware of all the services you offer? I know an accountant, let’s call him Nicky, who explains to new clients that he can do much more than day to day bookkeeping and accounting. I wonder if you make an all too common mistake. He says he doesn’t just deal with day to day issues.

bookkeeping 97

bookkeeping Tax tax return Start-ups 97

Ryan Lazanis

SEPTEMBER 19, 2023

In this post, we’ll discuss key considerations for effective accounting website design and showcase a variety of inspiring examples that can guide your own creative approach. Remember, clients always look for what’s in it for them. Let’s go! If you just talk about yourself, your values, etc.,

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ThomsonReuters

FEBRUARY 20, 2024

Jump to: What are general anti-avoidance rules (GAAR)? What is the general anti-abuse rule? To help today’s corporate tax professionals better understand some of the methods implemented to thwart abusive tax planning, this article will take a closer look at GAAR and how to keep up with tax avoidance regulation. Does the U.S.

income tax 52

income tax corporation tax Tax tax planning 52

Mark Lee

APRIL 5, 2022

Every now and then I hear about general practice firms of accountants that want to boost their abilities to help clients with more complex tax maters. And being aware of the issue can be the first step towards taking some action. Nothing will change here unless you take action. Nothing will change here unless you take action.

Tax 52

Tax tax consultant corporation tax Start-ups 52

Xero

APRIL 27, 2023

Soon-Ee kicked off by asking us to think about what these technologies mean and their limits. To take an extreme example, a self-driving car that’s right 99% of the time is an unacceptable risk, because the 1% error rate means it will eventually drive off a cliff. Limitations of generative AI The discussion then turned philosophical.

Legal 85

Legal Technology Tax Account 85

Accounting Seed

FEBRUARY 7, 2023

Here’s how to take control What was once a gentle push and recommendation to take your accounting to the cloud has become a mandate. Many of the big-name accounting software providers such as QuickBooks are officially ending support for desktop solutions. Using excel to run your monthly financial reports?

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accounting software Account accountant accounted 52

Mark Lee

OCTOBER 24, 2023

Conversations with the accountants who are or have been my clients reveal a wide range of such rates. A higher rate typically being charged for specialist tax advisory services for example. It is clear to me, by the way, that different accountants will have very different ideas as to what a reasonable hourly rate might be.

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Tax tax return Account accountant 94

Menzies

DECEMBER 11, 2023

Menzies LLP - A leading chartered accountancy firm. The Logistics industry is experiencing a significant makeover with the advent of ‘Warehouses of the Future,’ incorporating cutting-edge technologies such as robotics, AI, and sustainability measures to enhance operational efficiency.

Technology 52

Technology Transportation chartered accountant Tax 52

Snyder

NOVEMBER 24, 2022

Creating content helps your audience to consume what you offer the right way and attract new buyers. Social media, videos, blog content, podcasts, and tutorials are the most popular types of content. Besides, consumers choose them as the best way to find what they need. Blogs are effectively used for different types of content.

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E-commerce Start-ups Education Maine 52

Mark Lee

AUGUST 15, 2023

Regular readers will know that, on this blog I share, what I hope is, constructive and unbiased advice for accountants in practice. Today I offer you a cautionary warning about what have been termed ‘marketing bullies’. You have inspired me to do a number of things that I will take forward when I’m back in the office.

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Account accountant accounted Construction 52

ThomsonReuters

MAY 12, 2022

What triggers a sales tax audit and how do you reduce the risk of an audit? It is not only time-consuming, but also takes lots of resources as the process can take from a few weeks to several months. What is a sales tax audit? Almost all companies undergo a sales tax audit at some point. can help ensure a smooth process.

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audit Sales Tax auditor 105

Mark Lee

APRIL 11, 2023

In effect my assumptions determined what happened and we didn’t take on the Russian client or get paid for helping him. In effect my assumptions determined what happened and we didn’t take on the Russian client or get paid for helping him. Could I give him some tax advice related to his business interests?

bookkeeping 52

bookkeeping Tax Account accountant 52

ThomsonReuters

DECEMBER 20, 2022

In the past few years, indirect tax specialists have had to deal with the Covid pandemic, Brexit, an ever-changing landscape of rules and regulations, budget tussles, hiring difficulties, and numerous other challenges. What challenges come with changes? The professional terrain is no less rocky heading into 2023.

Tax 59

Tax Technology Maine Account 59

ThomsonReuters

MAY 23, 2023

The term “artificial intelligence” (AI) has come to mean many things, from the brains behind such digital assistants as Siri and Alexa to the supposedly unstoppable technological force that will eventually take everyone’s job away.

Legal 52

Legal E-commerce Agriculture Tax 52

Mark Lee

MARCH 14, 2023

For some years one of the biggest challenges for accountancy firms, of all sizes, has been securing reliable support. Issues such as: clarifying exactly what support is required, where to find suitable people, how to make the role sufficiently attractive, weeding out the ‘wrong’ people and retaining the right ones.

bookkeeping 52

bookkeeping Start-ups Tax payroll 52

Menzies

FEBRUARY 15, 2023

Menzies LLP - A leading chartered accountancy firm. Changing systems can fill most business owners or directors with dread but there are steps you can take to make the process as seamless as possible. Blog Is your profit data misleading you? A change in system impacts several departments so all views should be considered.

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Inform Accounting

OCTOBER 27, 2022

But what if we told you there are several strategies you can adopt to help reduce the amount of tax you pay? Hire an accountant First and foremost, we strongly recommend hiring an accountant. Their specialist advice can help you identify inefficiencies, develop scalable strategies and (of course) save on tax.

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Tax income tax Account accountant 52

5 Minute Bookkeeping

APRIL 28, 2022

Are you taking on a QuickBooks Online cleanup and looking for some helpful tips? Let’s take a moment to imagine what it is like when you first take on a new cleanup client. Let’s take a moment to imagine what it is like when you first take on a new cleanup client.

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quickbooks Start-ups bookkeeping Sales 52

Mark Lee

MAY 10, 2023

I love getting feedback on my posts – even from accountants who disagree with my take on things. So, with that preamble, here are ten signs that would suggest to me that you may be a bad accountant: In my opinion, what do bad accountants do? How does anyone know what they don’t know?

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Account accountant accounted bookkeeping 52

Mark Lee

JANUARY 3, 2023

I will release cash by reducing my lock-up to no more than 30 days by motivating more clients to agree to monthly billing, being more prompt with billing generally and taking action sooner rather than later with anyone who breaches my standard credit terms. See: How to find out what your ideal clients REALLY want ). LinkedIn profile.

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Account accountant accounted Non-Profits 59

Snyder

MAY 31, 2022

What is an expense report? What does an expense report look like? What should an expense report include. What should an expense report include. What is an expense report used for? What is an expense report? What does an expense report look like? What should an expense report include.

E-commerce 52

E-commerce accounting and finance audit accounting software 52

Snyder

FEBRUARY 7, 2023

But is that all it takes? Need accounting assistance? No matter what your particular business needs, these handy tools are a lifesaver. Synder Accounting Software Every small business needs a good accountant, and Synder’s accounting software has everything you need all-in-one.

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E-commerce accounting software Gaming audit 52

ThomsonReuters

APRIL 6, 2021

Businesses across all industries must evolve to keep pace with these new challenges and take advantage of the opportunities they present. Taking on a consultant role to help businesses through this evolution presents your firm with an opportunity to replace vanishing revenue from declining tax compliance work.

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accounting and finance audit CPA cpa firm 64

Mark Lee

MARCH 29, 2022

Do you assume you know what (new) callers will want from you? 1 – We assume we know what they want. But stopping doing what maybe a lifetime habit is rarely easy. Instead of assuming I make sure to ask questions to learn what people want ‘in their own words’. And, crucially, what is behind this request.

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Account accountant accounted tax return 52

Ryan Lazanis

SEPTEMBER 1, 2023

If you want to see the best cloud accounting software apps all in one place, then you’ll LOVE this ultimate list. In it, I’ll be sharing 147 of the best cloud accounting software apps on the market. Each item in the list will contain a brief description and will focus on how you can level up your accounting automation.

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accounting software quickbooks Account accountant 98

Snyder

APRIL 22, 2022

You can promote what you’re passionate about and reap the benefits while working from home. What’s more, no startup budget or special knowledge is required, which means that the only resource you need is your time. What’s more, no startup budget or special knowledge is required, which means that the only resource you need is your time.

E-commerce 52

E-commerce Start-ups Sales accounting and finance 52

Snyder

JUNE 3, 2022

What is SaaS business model? Being young, innovative and trustworthy, cloud computing enjoys ever growing popularity in today’s global world. The very term “cloud computing” means availability of computer system resources, computing power, data storage on demand without any active management involved. SaaS business model. SaaS stages.

Maine 52

Maine E-commerce B2C Technology 52

LyfeAccounting

JULY 8, 2021

In fact, when we started our first business, the only money one of our founders had was a $250 deposit into a business checking account. It was just a deposit he had to make to ensure the account would get opened without incurring fees. So in this post, we want to share what we learned on how to start a business without money.

Start-ups 52

Start-ups Georgia Technology accounting and finance 52

Churchill-Knight

DECEMBER 13, 2021

This blog explains more about the importance of beating the deadline, and we explain who needs to complete a tax return. What payments do you need to report? There are also a few eye-opening facts about the submission of tax returns during the Christmas period. Keep reading to find out more. Search ‘Self Assessment’ on GOV.UK

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tax return Tax accounting standards Account 40

ThomsonReuters

DECEMBER 1, 2021

Indirect tax professionals actively involved in strategic decision-making reported they were able to take on this role because most or all regulatory tax compliance processes had been automated , freeing up time for various types of strategic analysis. Understanding the strategic relationship between departments. The indirect tax advantage.

Tax 52

Tax Technology Start-ups corporation tax 52

Snyder

JULY 20, 2022

In this blog post, we’ll walk you through the process of creating an effective data dashboard for your business – no matter the size or scope of business you work in. What is a data dashboard? What should data dashboards contain? What is a data dashboard? What should data dashboards contain?

E-commerce 52

E-commerce Maine Sales Start-ups 52

PYMNTS

DECEMBER 20, 2017

Creating an experience that’s memorable and as effortless as possible for customers will likely be what makes them choose you from the dizzying amount of options available. What does this mean for how you communicate with customers? An effective customer service solution has always been a tool that helps businesses stand out.

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Florida Account accountant accounted 56

ThomsonReuters

JANUARY 21, 2022

Like all healthy relationships, strategic partnerships thrive through give and take. For many accounting firms, this could lead to new services being delivered or access to alternative market segments — both vital at a time when average revenue growth has slowed to 5.7% — the lowest in eight years according to the latest Rosenberg Survey.

accounting firms 95

accounting firms Account accountant accounted 95

Snyder

SEPTEMBER 9, 2022

What is Shopify? What is Shopify? What Is Shopify Dropshipping? What are the benefits of dropshipping on Shopify? What tips should you follow when running your Shopify dropshipping business? What is Shopify ? What Is Shopify Dropshipping? How Does Shopify Dropshipping Work? Shopify dropshipping FAQ.

E-commerce 98

E-commerce accounting and finance Start-ups Finance 98

ThomsonReuters

FEBRUARY 23, 2024

To prepare for a sales tax audit, it is important to understand what auditors are looking for and why. According to Tracy Davis , Specialist Director – Retail Sector at Thomson Reuters, auditors typically leverage statistical sampling of transactions for the relevant audit cycle rather than reviewing all of a company’s transactions.

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audit Sales Tax auditor 52

ThomsonReuters

NOVEMBER 8, 2022

How is accounting automated? Accounting automation involves streamlining accounting processes and standardizing tax inputs and workflows using technology. At face-value, automating accounting can be a scary thought: robots can do it better? How do I automate accounting? Complete work faster. Streamline data entry.

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Technology tax return Account accountant 80

ThomsonReuters

MAY 9, 2022

Technology has helped tax and accounting firms to streamline their processes and automate countless time-consuming manual tasks. Many accounting firms are creating connections between new solutions and legacy systems with APIs. What is an API? How do you know whether APIs will be beneficial for your accounting firm?

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Technology accounting firms Account accountant 105