ThomsonReuters

FEBRUARY 29, 2024

Like most accounting firms, they were heavily transactions-focused with clients utilizing them mostly as bookkeepers and for doing their tax returns. Dennis Lanphier, an attorney in addition to being an accountant, can handle complex tax situations.)

cpa 97

cpa Account accountant accounted 97

ThomsonReuters

FEBRUARY 27, 2024

Sandy Heit’s path to owning her own accounting firm was a bit unconventional — and ultimately involved her love for photography. She pursued accounting due to a combination of a love for math and heeding her mother’s advice to have a stable job.

cpa firm 52

cpa firm accounting firms accounting careers cpa 52

ThomsonReuters

MARCH 12, 2024

Jump to: Identify the common barriers to change Overcome the barriers with communication Reframe the narrative Remember your clients Set the expectations for adaptation Running an accounting firm can feel like you’re constantly chasing changes. These tips should help your firm prepare for and maximize the benefits of change.

cpas 52

cpas Technology accounting firms tax 52

ThomsonReuters

FEBRUARY 26, 2024

How to start an accounting advisory business Whether you want to start an accounting advisory practice or fine-tune your current advisory offering, this is the definitive guide to help you make the shift.

cpa 98

cpa South Dakota Nebraska tax 98

ThomsonReuters

FEBRUARY 9, 2024

Webinar How to utilize generative AI to excel your tax and accounting services Learn how GenAI can help you create new insights, solutions, and opportunities for yourself and your clients. As these proposals progress, it will be interesting to see how they shape the future of taxation in the United States.

tax 110

tax tax return Technology income tax 110

ThomsonReuters

JULY 13, 2023

If you’re part of a small or medium-sized tax and accounting firm, you may think artificial intelligence (AI) solutions are solely designed for large organizations – but think again. To learn more, let’s take a look at three ways accounting firms can use AI as a competitive advantage.

tax 97

tax Technology accounting firms income tax 97

ThomsonReuters

AUGUST 1, 2023

The cost of turnover can be enormous given the training and development costs most firms put into their new hires and the need for continuing professional education. To address this, many future-focused accounting firms are moving away from hourly billing and toward a value pricing model. hours per week.

Account 98

Account accountant accounted accounting firms 98

ThomsonReuters

AUGUST 3, 2023

As a result of the explosion of new tools and software available, accounting firms have a significant opportunity to improve their reputational status through enhanced advisory service offerings. Accounting firms who are equipped with these tools and information will be in a position to help their clients respond to these changes.

Technology 98

Technology accounting firms tax Account 98

ThomsonReuters

JANUARY 29, 2024

Today’s accounting firm leaders are constantly grappling with two pivotal challenges: attracting top-tier talent and holding on to the people they have. This white paper offers insights into how embracing technology can transform your firm from the inside out, making it an attractive destination for top-tier talent.

Technology 52

Technology accounting degree tax preparation cpa firm 52

ThomsonReuters

JUNE 16, 2023

Is your firm running its gears on outdated accounting technology? However, firms looking to remain competitive and drive greater profitability must pause to reflect on how they can work smarter and faster. This, of course, leads to a significant drain on staff time and firm efficiencies.

Technology 98

Technology Account accountant accounted 98

ThomsonReuters

FEBRUARY 28, 2024

That insight stuck with her, Shaul recalls, adding that it planted the seeds of her own path to success and owning her own firm. A culture of happiness and growth In the six years after she became a CPA, Shaul worked at several accounting firms and experienced some less-than-ideal managers.

cpa firm 98

cpa firm cpa Non-Profits financial statements 98

ThomsonReuters

MARCH 26, 2024

White Paper Top opportunities for accounting firms Gain valuable insights and best practices from industry experts and successful firms. Solutions Simplify complex ESG tax and finance issues with ESG solutions from Thomson Reuters.

Transportation 52

Transportation tax accounting and finance accounting firms 52

ThomsonReuters

MARCH 8, 2024

Accounting firms face an array of challenges, such as new technologies, increased client demands, legislative changes, and staffing constraints. Read the white paper to learn how How do firms make necessary changes to remain accountable to themselves to grow successfully?

cpa firm 96

cpa firm cpa Technology tax 96

ThomsonReuters

MARCH 13, 2023

More recently, in April 2022, New Mountain Capital announced a majority investment in professional services firms Citrin Cooperman.  These investments marked a notable transformation in the profession, with the realization among private equity firms that investing in large accounting firms can yield great returns.

Technology 59

Technology accounting firms tax audit 59

Menzies

JUNE 6, 2022

Menzies LLP - A leading chartered accountancy firm. In addition to this new legislation, a Government white paper entitled ‘Corporate Transparency and Register Reform’ was published earlier this year. What action needs to be taken?

chartered accountant 52

chartered accountant Government Legal accounting firms 52

ThomsonReuters

JANUARY 24, 2023

As noted in our white paper, “Top four strategic priorities for accounting firms,” taking a closer look at your current book of business and focusing on your passions is a good way to begin your quest for additional revenue-generating opportunities.

audit 59

audit auditor tax accounting firms 59

ThomsonReuters

JANUARY 14, 2022

Whether you are a remote worker or managing a full accounting firm, stop the burnout before it starts. For more tips on managing your workplace wellness, visit our tax blog or download our white paper on how accountants can work from home successfully. 3 steps to avoid burnout during tax season. Set boundaries.

tax 98

tax Technology Start-ups accounting software 98

ThomsonReuters

OCTOBER 27, 2023

But, many accounting firms offering pro bono services fail to take a strategic and organized approach, opening themselves up to a host of potential challenges. One reason firms fail to plan is that it’s difficult to decide how much to give away and to whom. This will set you up for success now and in the future.

Account 59

Account accountant accounted accounting firms 59

ThomsonReuters

JULY 11, 2023

Accounting firms turn to a three-tiered approach to uncover opportunities Accounting firms are severely impacted by the dynamic post-pandemic economy. Firms are faced with the external challenges of meeting new client demands, increasing compliance pressures, and tax law changes.

Technology 73

Technology Account accountant accounted 73

Ryan Lazanis

FEBRUARY 3, 2023

Table of Contents What is Lead Generation for Accountants 21 Tactics to Help You Generate Leads What is Lead Generation for Accountants? When I launched my accounting firm in 2013, I had no clue how to acquire new clients. Let’s go! followers. followers. So let’s target them!

Account 52

Account accountant accounted accounting firms 52

CPA Practice

NOVEMBER 6, 2023

Accounting Firms Show Strong Growth in Profit and Revenue, AICPA & CIMA Research Finds Public accounting firms in the United States reported strong top-line and bottom-line growth in their latest fiscal year results, driven by high demand for their services, an AICPA & CIMA survey found.

Texas 114

Texas Georgia accounting and finance Virginia 114

ThomsonReuters

JUNE 3, 2021

Improving efficiency, driving automation, and streamlining internal processes are essential for tax and accounting firms looking to better meet increased client demands and, ultimately, generate greater profitability. . This ultimately means greater profitability for firms and a win-win scenario for firm leaders. .

tax 52

tax accounting firms Account accountant 52

ThomsonReuters

FEBRUARY 24, 2023

K-1s, however, are quite different and can come with some complexities for tax and accounting firms. How to process Schedule K-1s efficiently As noted earlier, K-1 processing can present several complexities for tax and accounting firms. appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

Non-Profits 59

Non-Profits tax return tax income tax 59

ThomsonReuters

FEBRUARY 9, 2023

Become a tax software expert Nearly all firms use some type of tax and accounting software, but not everyone is an expert in it. Those who are, however, can tackle the challenges of tax season with ease.

tax 59

tax tax return Technology accounting software 59

Withum

DECEMBER 12, 2023

In fact, a Center for Audit Quality (CAQ) analysis found that 90% of US companies that trusted their non-financial auditing to a publicly traded auditor used the same firm for their financial auditing. Prior Work : Ask for case studies, white papers, or previous audit reports to understand their approach.

audit 59

audit cpas Account accountant 59

Menzies

JANUARY 29, 2023

Menzies LLP - A leading chartered accountancy firm. Companies looking to raise money through an ICO will need to pre-announce that they are planning to have a token sale with a white paper. However there is a lot of work to do before getting to this stage.

Technology 52

Technology chartered accountant accounting and finance Finance 52

ThomsonReuters

MARCH 15, 2023

Today, a growing number of private equity investors are entering the accounting market as they’ve discovered that investing in accounting firms can yield great returns. That is, if the firm is a good fit and has the right appeal. Accounting firms looking to attract investors should ensure their tech stack is up to date.

Technology 64

Technology accounting firms Account accountant 64

ThomsonReuters

MAY 24, 2023

Faced with increased client expectations and strained bandwidth, today’s accounting firms are in critical need of greater automation and streamlined workflows. Teribery added, “It is pre-built so [firms] don’t need the IT resources.

accounting firms 52

accounting firms Technology Account accountant 52

ThomsonReuters

MARCH 10, 2023

If you’re a leader in a tax and accounting firm, you know the pain that disconnected teams, lack of visibility, and inefficient workflows can bring. You also may have heard of APIs; however, many accountants are unsure of what they are and how they can help simplify workflow and boost profitability. What are APIs?

Technology 59

Technology accounting firms tax Account 59

CPA Practice

JUNE 29, 2023

And it’s like, oh, really the odd I’m thinking quite a few firms aren’t going to swallow Brian F. And that’s one of the reasons we’re making a significant change in this year’s accounting firm Operations and Technology Survey, to ask questions about how many of those engaged how many different kinds of engagements you do.

Technology 52

Technology audit general ledger Start-ups 52

ThomsonReuters

OCTOBER 19, 2023

This presents a unique opportunity for accounting firms and tax accounting professionals to enhance their revenue streams by diversifying their service offerings. According to a recent Small Business Administration report , 27,104,006 small businesses were termed “nonemployer firms” and had no employees.

Non-Profits 111

Non-Profits tax accounting firms Account 111

ThomsonReuters

FEBRUARY 13, 2023

In an era of staffing shortages, accounting firms must increasingly look outside the box to fill gaps in talent. More accurate returns in less time As most accountants know, tax technology can automate manual activities, save time, and improve accuracy.

Technology 59

Technology Non-Profits accounting firms tax 59

ThomsonReuters

JUNE 15, 2023

You work to improve your tax and accounting firm — increase profitability, expand into new areas, and find a better work-life balance. Tax firms are feeling the pressure of changing tax regulations, along with clients who expect greater accuracy and faster responses in the digital age.

Technology 92

Technology tax preparation tax return tax 92

ThomsonReuters

MAY 11, 2023

Small and mid-sized accounting firms are increasingly grappling with the need to do more with less, often putting staff at risk of burnout and weighing down productivity. But what if you could boost your firm’s efficiency and morale at the same time?

Technology 52

Technology payroll tax accounts payable accounting firms 52

PANALITIX

JULY 21, 2020

Panalitix clients are increasingly emphasizing their capabilities in succession planning, the hospitality industry, large-scale offshoring, government contract accounting, tax advice for expatriates to name a few areas. Their marketing challenges are simpler when laser-focused on areas of distinction. Communication.

Account 130

Account accountant accounted accounting basics 130

CPA Practice

OCTOBER 6, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss the latest trends in practice management for accounting firms. But there’s, we also want you to think about what your firm’s gonna look like in five or 10 years. Use the podcast player below to listen. Also, due to the intro to the podcast, add apx.

Technology 52

Technology Account accountant accounted 52