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Decoding the Difference: Tax Planning vs. Advisory

CPA Practice

While chestnuts crackle and we gear up for the annual tax preparation season, it becomes clear that the winter holidays bring more than just festivities and time off; they also mark the beginning of the tax preparation party. Tax preparation has its spotlight, tax planning follows a rhythmic beat … and tax advisory ?

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Beyond tax season: creating revenue stability year-round

ThomsonReuters

Tax season is a critically busy time of the year for accountants, and we all know the stress that can come with such a high demand for services during that part of the year. But for some tax and accounting firms, the high volume of clients from January to April represents the majority of their business for the year.

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Bridging Insights: A Conversation with Marcus Brandt, Partner

DMCL

In our search for a talented manager to join Marcus Brandt’s Private Enterprise team, we decided to sit down to discuss with him his practice, including valuable insights into his client service objectives, advice for new accountants interested in Private Enterprise, and his future practice expansion goals.

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How to get started as a virtual bookkeeper in 7 steps

5 Minute Bookkeeping

If you want to be a bookkeeper, you have to get bookkeeper training. You can get bookkeeper training in a few ways. The first way is on your own , and there are two options for this: You can complete the Accounting Coach bookkeeper training. You need to open a business bank account. 5: Banking.

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10 Ways to Help Gen X Clients Prepare for Retirement

CPA Practice

Add the retirement conversation to your advisory agenda : Often, clients don’t know what to expect from their accountant or an advisory relationship. Toss on the tax savings : Quantify for your client how increased pre-tax retirement contributions (401(k) and/or IRA) could decrease their overall tax liability.