CPA Practice

MARCH 21, 2023

In the accounting profession, staying on top of current trends and looking for ways to leverage them as part of your growth strategy is crucial. That’s a seismic shift in how firms market their services. Here are some key strategies your firm can use to leverage AI in its marketing operations.

Start-ups 119

Start-ups accounting firms Account accountant 119

Xero

APRIL 27, 2023

It’s a chance for us to show our appreciation and admiration to the many incredible accounting, bookkeeping, and app partners in our community. This year’s awards evening, which took place at Ministry Venues, Elephant & Castle, showcased the achievements of the “rockstars” of the accounting world.

bookkeeping 81

bookkeeping Legal accounting online Account 81

CPA Practice

MAY 30, 2023

Clients want more from your firm than basic accounting and compliance work. In fact, a recent report from Thomson Reuters found that 95% of surveyed accounting firms said their clients want more advisory services. Be active on your accounts. By Joseph Graziano, CFP®. How can I solve their problems?

Education 124

Education basic accounting accounting firms Account 124

ThomsonReuters

JUNE 6, 2022

When you can flag changes in accounting, auditing, and tax that clients didn’t know about, and help them manage commercial impacts with innovative solutions, then you’re well on your way to gaining their trust. But how do you stay current on accounting and auditing standards when there are new developments happening all the time?

accounting standards 142

accounting standards Account accountant accounted 142

Ryan Lazanis

MAY 17, 2022

If you’re looking for the best marketing for accountants’ strategies, you’ve come to the right place. Most of these methods I’ve personally used myself to help take my cloud accounting firm from scratch to sale in just 5 years. Marketing for Accountants 101. 1 Get Blogging. #2 Marketing for Accountants 101.

Account 98

Account accountant accounted accounting firms 98

ThomsonReuters

FEBRUARY 2, 2022

the potential market available to tax and accounting firms is massive. Here are a few ways you can market your firm’s services to individuals and small businesses. How to market tax and accounting services. People search online for products and services, including accounting services. With more than 144.3

accounting firms 98

accounting firms Account accountant accounted 98

Going Concern

MAY 30, 2023

FT dropped this over the weekend : Candidate numbers for US accountancy exams drop to lowest in 17 years New figures from the American Institute of Certified Public Accountants showed the shortage of CPA candidates that has plagued the profession in recent years worsened in 2022, dashing hopes for a quick rebound from the pandemic.

CPA 97

CPA institute of chartered accountants Government chartered accountant 97

Snyder

NOVEMBER 17, 2022

Accountancy firmly belongs to the financial sector but it also shares a lot of key features with the service industry. Tailoring your offer to your customers, marketing your firm, choosing the latest technology, or providing excellent customer care – it all becomes very important in this competitive market. Small business owners.

Account 52

Account accountant accounted bookkeeping 52

CPA Practice

DECEMBER 3, 2023

Are you considering your own firm (or rebranding due to a merger or acquisition)? Branding Questions Addressing these questions can help you create a strong, distinct brand for your firm, setting a solid foundation for growth and client engagement. Identifying what sets the firm apart from competitors is crucial. Here’s how.

accounting firms 125

accounting firms Account accountant accounted 125

PYMNTS

MAY 28, 2020

Google’s security experts had their hands full in April, as its Threat Analysis Group ( TAG ) emailed 1,755 warnings to users whose accounts were targets, the California-based global technology company wrote on its blog Thursday (May 27). APP was designed specifically for high-risk accounts. has emerged, ?establishing

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Healthcare California Government Account 70

ThomsonReuters

APRIL 13, 2023

Even though a retainer can be a win-win, it can be a challenge to convert people and businesses who come to your accounting firm for their tax returns into consistent retainer clients. Tax and accounting firms may reason that the client will spend more if they pay for services a la carte, one at a time.

tax return 59

tax return Tax accounting and finance accounting firms 59

ThomsonReuters

FEBRUARY 8, 2022

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. Then make sure that you and your firm are prepared to communicate in that forum, whether online, through a portal, via text message or phone calls.

Tax 105

Tax payroll Entertainment bookkeeping 105

Mark Lee

AUGUST 29, 2023

Some accountants just want to work for anyone who can afford them and who will engage them. Some accountants have more specific aspirations. And some accountants have very specific prospective clients in mind. I see an awful lot of adverts and marketing messages for and about various accountancy firms.

Account 81

Account accountant accounted Start-ups 81

Nancy McClelland, LLC

APRIL 7, 2023

Everyone who reads my blog or works with me knows I’m a vocal proponent of the cooperative structure as a sustainable and enriching alternative to classic shareholder business models. That’s why the work that the National Society of Accountants for Cooperatives is essential.

Agriculture 98

Agriculture CPA Virginia Education 98

Ryan Lazanis

FEBRUARY 3, 2023

If you’re looking for tried, tested, and true tactics to help you generate more accounting leads for your firm, you’re in the right place. Table of Contents What is Lead Generation for Accountants 21 Tactics to Help You Generate Leads What is Lead Generation for Accountants? Let’s go! followers.

Account 52

Account accountant accounted accounting firms 52

ThomsonReuters

MARCH 8, 2021

Whether you’re starting your career, or you’ve been in the profession for a while, women have more opportunities than ever to rise above in the tax and accounting profession. How we find ourselves in a career such as tax and accounting isn’t always typical. Then, I took an accounting class, and the nerd I am, it clicked for me.

Tax 111

Tax Account accountant accounted 111

TaxConnex

SEPTEMBER 15, 2020

In this blog , we’ll take a look at the 6 steps to compliance and some of the complexities that go with them. For this task , it may be helpful to bring in a tax consultant or your CPA firm. In some si tuations , calculating the sales tax can be done within your existing accounting systems and online shopping carts.

Sales 224

Sales Tax tax consultant cpa firm 224

Mark Lee

NOVEMBER 28, 2023

I’ve addressed the subject of Networking many times on this blog. I make no apology for returning to the topic as it’s a key business skill for accountants who want more clients. Networking is not something covered by our professional training. Some accountants (but not many) have always found it easy.

tax return 52

tax return Account accountant accounted 52

ThomsonReuters

MARCH 17, 2023

Let’s take a closer look at how firms can spend less time on tax research without sacrificing accuracy, quality, and efficiency. This includes, but is not limited to: Internal Revenue Code Revenue Rulings Financial Accounting Standards Board (FASB) U.S. This could result in penalties as well as damage to a firm’s reputation.

Tax 59

Tax cpa firm tax services accounting standards 59

Mark Lee

MAY 30, 2023

Back in March 2016, a research student was asking accountants how much of their business comes from social media. She asked me too as I was already known for being more active than most, I was already highly ranked online for accountants but also cynical about the hype (even back then) surrounding the use of social media by accountants.

Account 52

Account accountant accounted Start-ups 52

Ryan Lazanis

SEPTEMBER 1, 2023

If you want to see the best cloud accounting software apps all in one place, then you’ll LOVE this ultimate list. In it, I’ll be sharing 147 of the best cloud accounting software apps on the market. Each item in the list will contain a brief description and will focus on how you can level up your accounting automation.

accounting software 98

accounting software quickbooks Account accountant 98

Mark Lee

SEPTEMBER 13, 2022

It seems I’ve not updated my generic advice on this blog about accountants’ websites for some time. I say pretty much the same things whenever websites come up in conversation with accountants. They know I do not consult on, build or repair websites so I have no vested interest here. And, guess what?

Account 52

Account accountant accounted tax return 52

ThomsonReuters

AUGUST 24, 2023

A tax preparer may also disclose a client’s information to a third-party service provider, such as a software company, a bank, or a marketing firm. Clients may demand more transparency and accountability from their tax preparers regarding the use or disclosure of their information. Why do clients need to sign a 7216 consent form?

tax preparation 52

tax preparation tax return Tax Technology 52

PYMNTS

OCTOBER 13, 2019

Amazon outlined its opinion on touchy subjects and said in a blog post last week, “there is much room for healthy debate and differing opinions.” The blog post didn’t touch on antitrust issues. Amazon has been criticized for selling Rekognition to police and other law enforcement professionals.

Technology 46

Technology Government Retail Sales 46

Mark Lee

MARCH 5, 2024

Do you ever struggle to make a lasting impression beyond the generic label of being ‘just another accountant’? The 3 Rs) ARE ACCOUNTANTS BORING? Non-accountants may see bookkeeping, accounts, finance and tax returns as boring activities. ARE ACCOUNTANTS ALL THE SAME? We’ve all been there.

Non-Profits 52

Non-Profits bookkeeping tax return accounting and finance 52

Mark Lee

MARCH 14, 2023

For some years one of the biggest challenges for accountancy firms, of all sizes, has been securing reliable support. Whilst there are some crucial differences depending on whether this could be the first recruit or a need to grow the team, some of the issues are the same regardless of the size of the firm.

bookkeeping 52

bookkeeping Start-ups Tax payroll 52

Mark Lee

JANUARY 10, 2023

Many accountants, even in the smallest of firms are keen to recruit the right people. The second part that is often forgotten is how to make your vacancy, role, and firm an attractive prospect and to differentiate yourself from other firms looking to recruit similar candidates. What are the real differences?

Account 52

Account accountant accounted Start-ups 52

Ryan Lazanis

NOVEMBER 17, 2022

Every accounting firm owner knows that customer relationship management (CRM) is essential to success. In this blog post, I will discuss 13 of the best accounting CRM software options on the market that you can use today. What is a CRM for Accountants? Why Do Accounting Firms Use a CRM? Zendesk Sell.

Account 52

Account accountant accounted quickbooks 52

Mark Lee

APRIL 11, 2023

As a firm we didn’t have any Russian clients and I think the request took place just a few days after we had completed our in-house training on the anti-money laundering rules. These days I would always encourage accountants to work with specialist tax advisers when faced with such situations.

bookkeeping 52

bookkeeping Tax Account accountant 52

LyfeAccounting

NOVEMBER 10, 2020

Consult with your accountant to determine what deductions apply to you specifically but I’ll be deep diving into the most common mouth-watering, money saving deductions, right. Professional services: These are fees associated with necessary services to run a business such as accounting , bookkeeping , and legal fees. about… now.

business tax 52

business tax Tax Entertainment accounting and finance 52

ThomsonReuters

SEPTEMBER 8, 2023

Anyone starting a business should consult a qualified tax professional, such as an accountant or tax attorney, for advice on which corporate structure best fits their goals—but it helps to understand some of the factors that typically influence such decisions. What are the pros and cons of forming an LLC?

income tax 75

income tax Tax Legal tax return 75

Nancy McClelland, LLC

DECEMBER 26, 2023

There’s also an exception to the incorporation rule for attorneys and law firms. You must issue a 1099 to a lawyer or law firm regardless of whether they are incorporated. However, if the transaction says “invoice paid” or “payment”, then it is a business payment — even if it’s within a personal Paypal account. What about Venmo?

bookkeeping 52

bookkeeping tax return Non-Profits Tax 52

Nancy McClelland, LLC

DECEMBER 26, 2023

There’s also an exception to the incorporation rule for attorneys and law firms. You must issue a 1099 to a lawyer or law firm regardless of whether they are incorporated. Instead we run the detail of the cash accounts and filter by transaction type – Check, Expense, Bill Payment… then sort by Name. How does PayPal work?

bookkeeping 52

bookkeeping tax return Non-Profits Tax 52

PYMNTS

SEPTEMBER 27, 2019

s Nationwide Building Society did not disclose how much it invested in BankiFi , but it did say that it’s support to the open banking FinTech comes as Nationwide plans to launch a business current account. The firm operates a platform to automate tax and financial management processes for gig workers, sole traders and contractors.

B2B 59

B2B Technology accounting and finance accounts payable 59

Nancy McClelland, LLC

AUGUST 15, 2022

My colleagues at the National Society of Accountants for Cooperatives are offering a 75-minute webinar on Tuesday, August 23 to discuss the requirements and pitfalls in claiming Employee Retention Credits (ERC). We’ll have an upcoming blog covering that topic.) The cost is free to members and $56 to non-members.

cpa firm 19

cpa firm bookkeeping CPA Education 19

Ryan Lazanis

FEBRUARY 14, 2023

Then you’ll want to read the rest of this article on SEO for accountants. In this article, you’ll find out: What SEO for accountants is Why it’s important for your firm’s growth 14 practical tips & tricks to boost your website to the top of Google Let’s go! What is SEO for Accountants?

Account 97

Account accountant accounted accounting firms 97

Ryan Lazanis

APRIL 4, 2022

Do you want to know how to start a bookkeeping business or accounting firm in 2022? In fact, these are the very steps that I followed to help take my heavily bookkeeping-focused accounting business from scratch to sale in only 5 years. You pick the date that makes the most sense for you and your accounting firm.

bookkeeping 98

bookkeeping bookkeeping services accounting firms Technology 98