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Why you should have separate bookkeepers and tax accountants

Basis 365

You have two options to achieve this goal: hire a professional or have a year-end accounting firm handle your bookkeeping. It's OK to ask an outsourced accountant for help with your daily books. Before we get into the reasons, let's first look at how the duties of accountants and bookkeepers differ.

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In ongoing accounting crunch, where to go for sales tax help?

TaxConnex

For respondents, the staffing struggle also meant curtailing business growth (19.23%), more errors in sales tax calculation (17.58%), more frustration from existing staff (21.43%) and, perhaps scariest, a growing lack of confidence in being prepared for an audit (22.53%).

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3 steps to market your accounting firm

Accounting Insight

If growth is on the agenda for your accounting firm, then marketing is going to help. Do this first, and your marketing will rise above the noise and help you to win the right type of clients for your firm. If your target market is e-commerce businesses, you don’t want local businesses looking for a cheap tax return finding you.

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Citrin Cooperman Adds Coleman Huntoon & Brown

CPA Practice

Top 25 accounting firm Citrin Cooperman has acquired Coleman Huntoon & Brown (CH&B) PLLC, a Chapel Hill, NC-based tax, accounting, and business consulting firm. The New York-based firm also picks up its first office location in the Carolinas as part of the acquisition.

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Beyond tax season: creating revenue stability year-round

ThomsonReuters

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. Why revenue stability is important for small and mid-sized tax and accounting firms. It also allows you to stay in touch year-round, not just when tax season comes.

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How Long Does It Take an Accountant to Do Taxes?

xendoo

More complex returns will incur higher fees. Often you may offset the cost of these services with your tax refund if you are eligible for one. If you choose to use a local accounting firm that specializes in tax return preparation, you will pay significantly more. Tax Accounting Software.

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Friday Footnotes: KPMG UK Pay Freeze; PwC Canada Layoffs; EY Bailing on Office? | 11.24.23

Going Concern

KPMG extends pay freeze to 12,000 UK staff [ Financial Times ] Bosses at the Big Four accountancy firm told staff across its four divisions in recent weeks that they would not receive a pay rise this year unless they were promoted, according to people familiar with the matter. A recent Tax Court opinion demonstrates this point well.

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