ThomsonReuters

JULY 25, 2023

A company’s decision to introduce indirect tax (IDT) automation into its tax processes is often fraught with indecision and uncertainty. Every company’s tax technology journey is different, and it’s not always clear when and how tax automation should be incorporated or what the benefits will be.

Technology 93

Technology Tax audit Sales 93

Mark Lee

FEBRUARY 6, 2024

Picture this: you’re face-to-face with a potential client, you’re tempted to showcase your expertise and talk about your services. In this blog post you’ll learn what it takes. And we all dislike sales people who are too pushy and seem to have a smart prepared answer to everything they hear.

Non-Profits 98

Non-Profits Account accountant accounted 98

Ronika Khanna CPA,CA

SEPTEMBER 28, 2023

When starting your new Canadian small business or launching into self employment, it is essential to determine whether you are required to register for GST/HST (and QST if you have a started a business in Quebec ). This can be a substantial benefit for businesses and freelancers.

quickbooks 98

quickbooks Tax Sales Healthcare 98

ThomsonReuters

JULY 6, 2023

If you’re a tax and accounting professional, you’ve likely found yourself answering numerous questions related to your clients’ tax returns. Whether it’s advising on residential energy tax credits or restructuring a partnership, your knowledge and expertise beyond the tax return are valuable.

Tax 98

Tax tax return income tax audit 98

Snyder

OCTOBER 31, 2022

In this article, we’ll answer all your questions so you can have a better picture of what it’s like — to start your own small business with Shopify. A guide to e-commerce business with Shopify: 1. How to start a Shopify business: setting a goal and choosing product ideas for your store. How to add tax on Shopify?

E-commerce 97

E-commerce Start-ups Tax Sales 97

ThomsonReuters

JULY 6, 2023

From financial planner to investment banker to business analyst, there are many roles to consider if you find yourself looking for something new. It’s called advisory services, and it builds on the client relationships you already have and the expertise you’ve worked so hard for. Why are so many accountants quitting?

Account 98

Account accountant accounted accounting and finance 98

Basis 365

JUNE 29, 2023

In this blog, we'll explore the differences between a bookkeeper and a controller and help you determine which role(s) you need for your business. A bookkeeper is responsible for maintaining accurate and up-to-date financial records for a business. They may also manage payroll and prepare sales tax filings.

bookkeeping 90

bookkeeping accounts payable basic accounting accounting and finance 90

Snyder

NOVEMBER 17, 2022

Accountancy firmly belongs to the financial sector but it also shares a lot of key features with the service industry. No one can be an expert in all those areas, that’s why finding a helpful blog for accountants is such a great idea. Are accounting blogs only for accountants? Small business owners.

Account 52

Account accountant accounted bookkeeping 52

ThomsonReuters

MAY 6, 2022

Recently, the Checkpoint payroll editorial team had the pleasure to ask American Payroll Association (APA) Board of Directors member James Paille, CPP, some questions about the exam. ” The CPP exam is 190 questions. Department of Labor regulations, record retention, federal payroll tax forms, payroll systems, and accounting.

payroll 95

payroll income tax Agriculture payroll tax 95

ThomsonReuters

JULY 6, 2023

In today’s ultra-competitive business landscape, being an accountant means far more than preparing tax returns or compiling financial statements. Instead, they can shift their focus to more value-added activities like providing financial insights and helping clients navigate the complexities of tax law.

Account 88

Account accountant accounted tax return 88

xendoo

MARCH 17, 2022

Small business owners around the world are migrating to cloud-based bookkeeping software to keep their financial records and reports organized and accessible. In this blog post, we will discuss how online bookkeeping works and how it is crucial to business growth! Going Digital.

bookkeeping 98

bookkeeping bookkeeping software quickbooks bookkeeping services 98

Mark Lee

DECEMBER 5, 2023

Despite the title of this post I should first stress that it is rarely a good idea to come across as a salesperson when you are trying to promote your services. Many a business coach or management consultant will use a structured approach to win clients who are already working with accountants. Why are you in business?

Sales 52

Sales Account accountant accounted 52

Cheap Accounting

AUGUST 31, 2023

The one downside is dealing with the bureaucracy and regulation that running a business brings. Whatever the size or structure of your business dealing with your accounts and tax returns comes with the territory. As soon as you start to trade or operate your business you’ll need to register with HMRC.

Start-ups 75

Start-ups Account accountant accounted 75

Mark Lee

NOVEMBER 22, 2022

But either way, many business owners are understandably concerned about the outlook. I know that some accountants hold back from being proactive with clients unless the fees they get paid warrant this approach. “How’s business?” Cashflow reviews and projections are also more important than ever.

accounting and finance 52

accounting and finance tax planning Tax Finance 52

ThomsonReuters

FEBRUARY 8, 2022

1) Communicate clearly to win new tax clients. When you seek to win new tax clients, it’s best to start at the beginning. With so many generations in need of tax and accounting services in the market today, it can be a challenge to discover what a client truly wants or needs, or how they want to connect with you.

Tax 105

Tax payroll Entertainment bookkeeping 105

xendoo

FEBRUARY 16, 2022

Having a powerful online presence is crucial to the success of every small business. Not having an online presence makes it nearly impossible for people to discover a business when searching for products or services. Small business owners have everything to gain by making their business known and accessible online.

Sales 69

Sales Tax Education Maine 69

Mark Lee

APRIL 11, 2023

Could I give him some tax advice related to his business interests? He was willing pay thousands of pounds for tax advice. These days I would always encourage accountants to work with specialist tax advisers when faced with such situations. So we don’t always ask the right questions.

bookkeeping 52

bookkeeping Tax Account accountant 52

Snyder

JANUARY 8, 2023

What does it mean for small businesses? This article answers the questions for anyone curious about how to start a dropshipping business: What is dropshipping? What is a dropshipping business? Who is a dropshipper in the dropshipping business model? Why start a dropshipping business? You guessed it!

E-commerce 98

E-commerce Non-Profits Start-ups Maine 98

ThomsonReuters

APRIL 18, 2023

Cash flow is the lifeline for all businesses and, not surprisingly, is a top concern for many business owners. They rely heavily on cash flow statements and the expertise of their accountant to make informed strategic business decisions. Therefore, cash flow statements must be accurate. billion in cash and equivalents.

accounting and finance 59

accounting and finance accounts payable Finance Account 59

LyfeAccounting

JULY 20, 2021

Great, you have an LLC and now you have all that is required to get to work and operate your business! It is there to lay ground rules and procedures for how the business owners and the managers of the business will handle decisions. But the biggest reason you need an EIN is to file your business taxes.

income tax 52

income tax payroll tax accounting and finance Tax 52

ThomsonReuters

NOVEMBER 11, 2020

However, advisory services can often be met with certain resistance and fears. In this episode of Pulse of Practice “A Conversation with Angie Grissom”, Paul Miller, CPA from Business by Design , and I are joined by Angie Grissom, Owner and Chief Relationship Officer of The Rainmaker Companies. We are in a relationship business.

CPA 52

CPA cpas Start-ups cpa firm 52

LyfeAccounting

MARCH 31, 2021

But, you should also consider the possibility of paying taxes when you sell your cryptocurrency. We’ve done the research for you and this will be the only article you need to understand cryptocurrency taxes. How Do Cryptocurrency Taxes Work? This includes sales or exchanges for fiat, goods, services, or other cryptocurrencies.

Tax 52

Tax accounting and finance income tax small business accounting 52

Ryan Lazanis

FEBRUARY 3, 2023

Lead generation is the process of acquiring new and potential clients who might be interested in the accounting services that you provide. 4) Participate in Networking Events Networking events are also a great way to meet high-quality leads who may be interested in your services and make a lasting impression. followers.

Account 52

Account accountant accounted accounting firms 52

Snyder

JULY 13, 2022

Read our comprehensive list of steps on how to set up an Etsy business, , find out some useful tips and implement them in your own selling business on Etsy. For selling on Etsy, the first step is actually just choosing the general settings for your business such as selecting the language, country and currency. Contents: 1.

Start-ups 98

Start-ups E-commerce Maine accounting books 98

LyfeAccounting

NOVEMBER 2, 2020

In other words, we’re going to debate a 1099 vs W2 and which one may be best for your business. This is because selecting between these two options will determine your tax outcomes for both you and your employees. And as we know, business is tough, so you want to be able to pay competitively and get good talent. Things get real.

payroll tax 52

payroll tax Tax Legal payroll 52

LyfeAccounting

OCTOBER 18, 2020

There are a ton of things that are important to businesses owners like: sales. service delivery. In fact, if you are doubtful that bookkeeping is important, I want to pose a question that I want you to answer at the end of this article! The question is this: What story is your bookkeeping telling you?

bookkeeping 52

bookkeeping financial statements audit accounting and finance 52

LyfeAccounting

JULY 3, 2021

So, a nonprofit organization is a business entity in which your goal is not to be profitable… …but to make money to expand on a social clause like feeding the homeless or helping victims of harsh circumstances. But we can’t ignore that it has some incredible tax benefits for its members and managers. Keep reading!

Tax 52

Tax Georgia Start-ups Legal 52

Snyder

SEPTEMBER 22, 2022

When a newbie entrepreneur enters the world of e-commerce, the first question that troubles their mind isn’t even what to sell, but where to sell for profit. e-commerce market, with global net sales of US$ 131 bn in 2021. According to statista.com the United States was Amazon’s biggest market in 2021 with $ 314 bn in net sales. .

E-commerce 52

E-commerce Manufacturing Start-ups Retail 52

LyfeAccounting

MARCH 25, 2021

“What should my business entity be? Essentially, it is a business entity that you can set up for your business. You see with an LLC you are able to separate your business assets from your personal assets. Just because you set-up an LLC does not mean your business is going to make money , right?

Legal 52

Legal Tax accounting and finance accounting firms 52

5 Minute Bookkeeping

JULY 29, 2021

If you’re looking for the best tips for taking on a massive undeposited funds cleanup in QuickBooks Online, this is the blog post for you. Tip #2: Reconcile business bank and credit card accounts. Here’s an example: Imagine we are working with a company that provides consulting services. Tip #6: How do I know when I’m finished?

quickbooks 52

quickbooks bookkeeping tax return Start-ups 52

LyfeAccounting

OCTOBER 16, 2020

Starting a business isn’t very easy. I mean a lot of people think, and a lot might say, “Whoa, I don’t want to get into debt especially with 8 out of 10 new businesses failing. Well, here’s the thing, how to start a business in 2020, is easier than it’s ever been before. 10 Steps on How to Start a Business.

accounting and finance 52

accounting and finance Start-ups Legal Tax 52

LyfeAccounting

JULY 19, 2021

We love real estate investing because it gives you some major tax benefits such as depreciation and tax-free passive income. . You can check out our CFO services for better advice regarding your specific situation. If you are buying real estate with a business partner. And the answer is yes. Keep reading!

Real Estate 52

Real Estate accounting and finance Legal Nevada 52

PYMNTS

FEBRUARY 15, 2019

After months of controversy and about a week of speculation that the deal might be in danger, Amazon formally posted its “Dear John” letter to New York yesterday in the form of a blog post that officially pulled the plug on the deal. The question has gone answered – and the answer, apparently, is no. Wylde asked. “We

New York 46

New York Virginia Real Estate Colorado 46

ThomsonReuters

JUNE 13, 2023

If you’re part of a small or medium-sized tax and accounting firm, you know that differentiating yourself from the competition is always top of mind. Your long-term success hinges on capturing opportunities that cultivate deeper and more meaningful client relationships—and that’s where advisory services come in.

tax return 93

tax return Tax bookkeeping services Technology 93

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

APRIL 11, 2024

From a shrinking labor pool to ever-changing tax regulations to increased client demands, many accounting firms are dealing with high turnover and burnout amongst their staff members. The dawn of AI has the potential to revolutionize the tax and accounting profession by enhancing efficiency, accuracy, and insights. So how does it work?

Account 52

Account accountant accounted Technology 52

PYMNTS

APRIL 30, 2018

In this world, the only things certain are death and taxes. It’s said to be the answer to the world’s food safety and digital identity problems. with supporting use cases mostly related to financial services and cross-border settlement, for a grand total of $242 million in 2018. A penny saved is a penny earned. trillion in 2021.

Technology 73

Technology Start-ups Account accountant 73