ThomsonReuters

MAY 5, 2022

Each year, tax time is an opportunity to expand your accounting firm’s client base. And that allows us to handle their needs and the needs of our other clients.”. If you try to be a jack of all trades, you’ll get lost in the crowd,” Nixon wrote his blog post titled, “The 6 Criteria for an A-Grade Client.”.

accounting firms 96

accounting firms Tax Real Estate Account 96

Xero

JULY 21, 2022

This secure online portal allows clients to easily view, download, electronically sign and return documents to their accountant or bookkeeper — all in one secure, accessible place. This fantastic new feature will be available to all our UK accounting and bookkeeping partners in October this year.

bookkeeping 75

bookkeeping tax return Tax financial statements 75

Cheap Accounting

AUGUST 31, 2023

Whatever the size or structure of your business dealing with your accounts and tax returns comes with the territory. Keep receipts and invoices then record the amounts spent in the accounts. Directors have legal obligations bestowed on them when they are appointed including keeping accounting records and filing accounts.

Start-ups 75

Start-ups Account accountant accounted 75

ThomsonReuters

MAY 24, 2021

Tax season 2020 is officially in the history books and there’s no doubt you and your staff have been thinking a bit more about what to do now that it’s over. While many accountants say their marketing muscle is on the softer side, I’ve worked out a basic checklist for firm leaders to better market themselves as experts in their field.

Tax 52

Tax Account accountant accounted 52

ThomsonReuters

MAY 6, 2022

For small and mid-sized tax and accounting firms, there are plenty of ways to do so. 8 ways small and mid-sized accounting firms can increase profitability. Word-of-mouth referrals are a powerful thing for any business, but even more so in tax and accounting. Cross-sell tax and accounting services to existing customers.

Tax 87

Tax Account accountant accounted 87

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 4 Viral Marketing for Accountants. #5

Account 98

Account accountant accounted accounting firms 98

ThomsonReuters

SEPTEMBER 19, 2023

With the recent release of tools like ChatGPT , apprehensions about job security are growing among many professionals, including those in the tax and accounting space. But, if we think back to several years ago, tax software solutions that streamlined an accountant’s workflow begged the same question: will technology replace my job?

Technology 52

Technology Tax tax preparation tax return 52

Xero

MARCH 8, 2023

It is worth investing in your software skills and using tools like Xero to reduce your overhead costs (although if you do not have a finance background, having an accountant is still the safest way to go) so you invest the bulk of your budget towards the growth of your business. Also, all of us struggle from time to time with self-doubt.

Construction 81

Construction accounting and finance Start-ups Finance 81

ThomsonReuters

JANUARY 30, 2023

As the burden of corporate tax compliance mounts, companies are increasingly turning to tax and accounting firms for help in complying with direct tax requirements. The post Calculating the benefits of direct tax software appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

Tax 59

Tax corporation tax Technology tax return 59

ThomsonReuters

JUNE 9, 2023

In this blog post, we’ll provide some tips on how to ensure your firm is audit compliant and up to date with the latest industry changes. These solutions provide real-time insights into the status of audits, allowing firms to quickly identify any areas that are out of compliance and take corrective action before it’s too late.

audit 98

audit Non-Profits Technology auditor 98

Xero

AUGUST 25, 2022

Help them to understand what sort of red flags exist in a phishing attempt – generic greetings, suspicious links, spelling errors, a sender email that looks odd on a second glance, and encourage them to always investigate that the request is legitimate with the real entity if in doubt. 1 Source: ProofPoint’s 2021 research.

Education 79

Education Account accountant accounted 79

Going Concern

MAY 22, 2023

Let’s start off with a positive post on r/accounting. Current and future accountants, you have a lot to be optimistic about. by u/manthisis in Accounting Moving on, PwC Australia continues to rack up the Ls. Alec previously worked for a regional accounting firm and has two years of experience.

Account 52

Account accountant accounted audit 52

ThomsonReuters

JANUARY 14, 2022

207) amended the ERC, allowing it to be claimed from January 1, 2021 through June 30, 2021 and increased the refundable payroll tax credit $7,000 per employee for each quarter of 2021. . The frequency with which similar fringes are provided by the employer must be taken into account in determining excludability. 116-136, Sec.

payroll 94

payroll payroll tax Tax Education 94

ThomsonReuters

AUGUST 18, 2023

Pivotal ruling Despite several prior legal rulings against claims that student-athletes should be treated as employees, the tide began to turn in 2021 with an antitrust case where student-athletes successfully challenged the NCAA’s rules limiting education-related benefits that participating schools were allowed to provide ( NCAA v.

Legal 52

Legal Sports Non-Profits Education 52

inDinero Tax Tips

NOVEMBER 4, 2021

Even if your books are perfectly accounted for, an IRS audit letter will fill anyone with a sense of dread. Cash businesses such as restaurants, beauty salons, and retail stores need to be diligent about recording and reporting their cash receipts because the IRS will not give you the benefit of the doubt. Interested in learning more?

audit 98

audit Tax tax return tax preparation 98

ThomsonReuters

MARCH 1, 2024

When in doubt, consult a qualified tax professional. To be eligible, a business must be in a “specified service trade or business,” such as a lawyer, doctor, consultant, financial planner, or accountant. Hiring a full-time accountant for the business is of course an option too—and their salary is tax-deductible.

corporation tax 52

corporation tax Tax tax return income tax 52

Xero

FEBRUARY 15, 2023

An entirely different angle is the concept of self-sovereign identity management, which leverages the same technology to allow aspects of identity to be shared without having to share the actual data itself. There’s no doubt that it can be hard to separate the hype from reality when it comes to new technology.

Technology 83

Technology accounting and finance Finance Education 83

ThomsonReuters

NOVEMBER 11, 2020

Financial Reporting in the COVID-19 Era: Technology Can Help Accounting Professionals Ask—and Answer—the Right Questions. Understanding the key accounting questions raised by COVID-19. Impairments are a complex accounting area, and a number of questions have to be considered in light of COVID-19. Impairments.

Account 52

Account accountant accounted auditor 52

LyfeAccounting

OCTOBER 18, 2020

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! This type of analysis allows you to focus on your company’s strengths and improve on its weaknesses. Bookkeeping is important because it allows you to take control of your business’ finances.

bookkeeping 52

bookkeeping financial statements audit accounting and finance 52

ThomsonReuters

DECEMBER 7, 2022

To help accounting professionals, especially those entering the profession, this article will explore how fiduciary income tax is different from estate tax, who files a fiduciary tax return, what defines estates and trusts, and more. Savings accounts. Bank accounts. The beneficiary pays tax on the assets they receive.

Tax 59

Tax North Carolina income tax tax return 59

Acterys

JANUARY 24, 2023

In this blog, we will discuss the basics of SOC 2 compliance, its benefits for our customers, and the strict measures that Acterys implements to protect its customers’ data. Confidentiality: Are there controls in place to ensure that authorized personnel can only access the data assets that they are allowed to? What is SOC 2?

auditor 26

auditor audit Technology public accounting 26

Snyder

JULY 20, 2022

In this blog post, we’ll walk you through the process of creating an effective data dashboard for your business – no matter the size or scope of business you work in. This feature creates a perfect workflow between accounting work and analysis, especially since you or your accountant can do both in the same place.

E-commerce 52

E-commerce Maine Sales Start-ups 52

PYMNTS

AUGUST 5, 2016

Any Mastercard debit cardholder can soon send money to any other person with a bank account in any bank across the U.S. – all 14k of them – and have that money deposited into that receiver’s bank account instantly. The culprit is said to be the use of the BitGo wallet and the structure of the bitcoin accounts itself.

Non-Profits 43

Non-Profits accounting and finance Government Account 43

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. An API is a connector that allows two otherwise disconnected and unrelated systems to communicate with each other and break down data silos.

accounting firms 52

accounting firms Technology Account accountant 52

ThomsonReuters

APRIL 6, 2023

Whether you’re an accountant, a small business owner, or a professional working within an organization, understanding what accounts payable is and how it works is essential. As an important cash flow indicator, accounts payable is a sign of the health of a business. Often, accounts payable is abbreviated as “AP” or “A/P”.

accounts payable 52

accounts payable Account accountant accounted 52

ThomsonReuters

JULY 29, 2021

Under that requirement—added to ERISA by the SECURE Act—benefit statements must express participants’ account balances as a single life annuity and a qualified joint and survivor annuity at least once every 12 months (see our Checkpoint article ). Waiting until the statement for the third calendar quarter of 2022 would be too late.

Tax 52

Tax Account accountant accounted 52

ThomsonReuters

FEBRUARY 6, 2024

Corporate income tax Incorporated businesses are taxed on their profits (minus allowable deductions), which is known as corporate income tax. There’s no doubt that navigating the nuances and complexities of both direct tax and indirect tax is no small feat. Corporate income tax is a significant source of revenue for governments.

Tax 52

Tax income tax Oregon Ohio 52

PYMNTS

SEPTEMBER 18, 2017

Once all those factors are accounted for, though, delivery agents still need to check the ID of every single purchaser. It could, for instance, allow consumers to “click and collect” beer at a local Whole Foods. Intoxicating liquor can’t be mailed in the U.S.,

Retail 49

Retail Account accountant accounted 49

Mark Lee

OCTOBER 25, 2022

As an accountant you are, I’m sure, well used to prospective clients seeking free advice. I think the most common reason accountants give themselves, when they give away advice for free to prospective clients, is that it helps evidence their credibility, style, approach, knowledge and willingness to help clients. Like this post?

Education 52

Education Account accountant accounted 52

MineralTree

MAY 4, 2023

Today’s blog shares best practices to help your AP team address vendor inquiries more effectively and efficiently. Next, set a goal to improve or maintain that response time – and use this goal to hold your AP team accountable if response times start to lag. This often turns into a frustrating waiting game.

AP Automation 82

AP Automation AP Processes Start-ups accounting and finance 82

AdviceForTaxpreparers

JULY 29, 2019

Advice for Tax Preparers Making tax preparers lives easier one blog at a time HOME. Accounting Jokes, Videos, Puns and Humor. If you are going to be an accountant then you have to be able to laugh at yourself. Accounting and CPA Puns. Short Accounting and CPA Jokes. Famous Accounting Quotes. Miscellaneous.

tax preparation 212

tax preparation Account accountant accounted 212

PYMNTS

JANUARY 15, 2018

Louis Brandeis, arguably the most quotable judge in the history of the United States Supreme Court, had his doubts about spontaneous acts of brilliance. In October, the company announced online checkout would allow users with registered Google credentials to use Google Pay across apps and devices. There is only great rewriting.”.

Government 44

Government Retail Account accountant 44

ThomsonReuters

MARCH 17, 2021

I think there is no doubt that investors can handle and process more information today than they could years ago. If more large companies follow Tesla’s lead to accept digital currencies as payment (which is possible), what are the financial reporting implications for accountants? Jones : Great question. Jones : That’s a good question.

Government 64

Government accounting standards Tax international accounting standards 64

PYMNTS

MARCH 23, 2018

Because the Bona Dea festival had one rule: no men allowed. Several days ago,” Facebook noted it its blog post on the subject late last week, “we received reports that, contrary to the certifications we were given, not all data was deleted. Of that there is no doubt.

Maine 42

Maine Wisconsin Connecticut New York 42