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The 1 Word Solution That Eliminates Stress at Your Firm

Ryan Lazanis

In today’s episode, we’ll address employee turnover in firms and the solution of adding redundancy through cross-training and standard operating procedures to ensure smoother operations in your firm. If you want a simple one-word solution to get rid of stress at your firm, listen below. Liked This Episode?

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Make this your last bad tax season

ThomsonReuters

Jump to: Unravel tax law complexity with AI-powered tax research Alleviate workload pressures with AI-powered workflows Prioritize well-being and renewal Strengthen client relationships by shifting to an advisory model Has a stressful tax season left you reeling? But amidst the struggle, there is good news.

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Ramping up efficiency to deal with inflation

Reckon

In no small part due to the pressures of inflation, we all know that the cost of living has blown through the ceiling over the last year or so… The RBA’s series of rate raises seek to combat inflationary stress; however, many argue that rising rates will actually compound pressure on individuals and businesses by deepening loan and mortgage stress.

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Tax depreciation 101

ThomsonReuters

Unfortunately, the complexities and the time it can take to manually input business clients’ asset information, especially when onboarding new clients, means added work and stress in an already busy tax season. It is the recovery of an asset cost over a number of years or, in other words, the asset’s useful life. After Jan.

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Small business management challenges and how to overcome them: from marketing to HR

Reckon

1. Marketing and sales management challenges Whether formally trained or winging it, small business owners are often adept marketers and sales gurus. Now, more than ever, the possibilities to connect with potential customers through social media and online communities to get your business word out, are endless.

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How to Become a Freelance Accountant: 9 Tips for Succeeding in Freelance Accounting

Snyder

This comes with the added stress that you won’t find in a regular full-time job. With the rise of online platforms like Upwork, Fiverr, and Remote.co, more and more people are working remotely to offer their services to businesses worldwide. Many aspects of your job are in your hands, but that freedom of choice comes with responsibilities.

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Fiduciary tax 101

ThomsonReuters

In simplest terms, fiduciary income tax is the income taxation of a person ‘ s estate or trust assets. Determining the taxable income for both estates and trusts may be similar to that of an individual, but there are noteworthy variations. The trust gets a deduction for the portion of the estate transferred to the beneficiary.

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