Xero

OCTOBER 1, 2023

As a small business or advisor working with sensitive personal and financial information every day, the stakes are high. If your business or practice experienced a data breach, it could have a serious impact on your livelihood. Aside from facing hefty fines and costs, you may never fully recover the trust of your customers and clients.

Start-ups 111

Start-ups Account accountant accounted 111

ThomsonReuters

JUNE 16, 2023

Is your firm running its gears on outdated accounting technology? In fact, a recent survey by Accounting Today found that half of the firms surveyed said they plan to boost their spending on technology in 2023. How do you know when your accounting technology is outdated? Does your technology lack scalability?

Technology 98

Technology Account accountant accounted 98

ThomsonReuters

JANUARY 4, 2024

Jump to: Utilize short-term staffing solutions Incorporate AI and automation into your workflow Become a strategic advisor As accounting firms usher in 2024, it’s important to take a fresh look at the business landscape — both its challenges and its opportunities — to best prepare for the year ahead.

tax planning 78

tax planning Tax Technology tax return 78

Cheap Accounting

SEPTEMBER 13, 2023

Right now for many business owners every penny counts. So reviewing what your business outlays are is essential to see if savings that can made. Whilst necessary for keeping on top of your business finances, one cost outlay that often creeps up on people is the amount that they spend on their accounting software.

quickbooks 49

quickbooks accounting and finance Start-ups accounting software 49

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. So let’s begin our journey to the land of accountancy! Small business owners.

Account 52

Account accountant accounted bookkeeping 52

Snyder

JULY 13, 2022

What does this transfer to managed payments mean for their sales rates and business flow? Will it affect the payment operations or fees and, if so, how? How does eBay Managed Payments work? How to set up Managed Payments account on eBay. How to set up Managed Payments account on eBay.

E-commerce 98

E-commerce accounting and finance Sales quickbooks 98

ThomsonReuters

JUNE 22, 2022

Most business owners have a traditional understanding of what an accountant does. When Majaliwa started Pooters Diapers, she was the mother of two with a passion that turned profitable. She hired an accountant and eventually went back to work full-time and had two more kids. They started in May. File taxes.

bookkeeping 98

bookkeeping tax preparation tax return Start-ups 98

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. Here’s a few tips to get you started. It can all seem daunting and overwhelming at first.

Start-ups 75

Start-ups Account accountant accounted 75

Snyder

OCTOBER 31, 2022

You may want to start a new career or may consider starting an e-commerce store as a possibility of additional income. 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.

E-commerce 97

E-commerce Start-ups Tax Sales 97

Snyder

MAY 27, 2022

When starting a business, all the paperwork and accounting may seem daunting. No matter how large or small your business is, managerial accounting will help you gain profit. So what’s managerial accounting, and why is it crucial for small business owners? Managerial accounting is….

managerial accounting 98

managerial accounting financial accounting Account accountant 98

Mark Lee

OCTOBER 17, 2023

To my mind this is the start of a service guarantee. When accountants ask me how they can distinguish themselves from their immediate competition, I remind them that whilst the work output may be much the same (in terms of accounts and tax returns), the service, style, approach and fees may be very different.

Account 94

Account accountant accounted tax return 94

ThomsonReuters

DECEMBER 5, 2022

For tax and accounting professionals, time is a precious commodity. By removing manual, time-consuming compliance tasks from workloads, tax and accounting professionals can reclaim those hours and use them for greater value activities such as advisory services. . How can automation help your firm achieve more? .

Technology 59

Technology Tax financial statements cpa firm 59

Withum

MAY 26, 2022

Why, how and whether you invest in the stock market is your business. There are many types of funds somewhat complicating the process, but there are much fewer funds than individual stocks, so that makes it a little easier to own stocks. This doesn’t mean it will recover, but if it does, it has time as an ally.

Tax 105

Tax income tax Government tax return 105

ThomsonReuters

JULY 6, 2023

Are you an accountant looking to break into the exciting world of mergers and acquisitions (M&A) advisory services? It is important for M&A advisors to understand the client’s goals for the transaction and how the company will benefit from it.

Legal 52

Legal Tax Start-ups Construction 52

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. Here are the top 5 ways to help them make the transition, as well as the “why” and “how” of the retainer agreement system.

tax return 59

tax return Tax accounting and finance accounting firms 59

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. But what does accounting advisory mean and how can your firm take advantage of this unique opportunity to showcase your knowledge and build deeper relationships with your clients?

Account 88

Account accountant accounted tax return 88

Snyder

JANUARY 8, 2023

What does it mean for small businesses? There are more opportunities today to start selling online successfully than ever before. This article answers the questions for anyone curious about how to start a dropshipping business: What is dropshipping? How does it work? Let’s start! .

E-commerce 98

E-commerce Non-Profits Start-ups Maine 98

Xero

JULY 20, 2022

I’m so thrilled to be back at Xerocon London connecting with so many of our accounting and bookkeeping partners and app partner community. As we all begin to navigate this post-pandemic business environment, it’s clear that many small businesses have faced huge challenges. months in Australia, 4.0 months in New Zealand and 4.5

bookkeeping 105

bookkeeping Government Maine Start-ups 105

ThomsonReuters

NOVEMBER 23, 2022

As a result, understanding how to manage the transition to a more automated, technologically sophisticated department is a top priority for many tax leaders. As a result, understanding how to manage the transition to a more automated, technologically sophisticated department is a top priority for many tax leaders.

Technology 59

Technology Tax corporation tax audit 59

Ronika Khanna CPA,CA

DECEMBER 7, 2023

The search for the right accounting software can be a time consuming process. A Google search for “ small business accounting software ” yields over 250 million results. COST One of the most attractive aspects of QuickBooks Online (QBO) is you get a fully functional accounting software at a relatively low cost.

accounting software 52

accounting software quickbooks Account accountant 52

Going Concern

FEBRUARY 12, 2024

Project Everest cost more than we thought. EY piled more than $700mn of extra debt on to its global operating business to deal with the costs of the failed plan to spin off its consulting arm, according to newly filed accounts. Happy Monday and an early Happy Valentine’s Day to you. Anyone have any nice plans?

auditor 70

auditor Account accountant accounted 70

ThomsonReuters

SEPTEMBER 8, 2023

Jump to: What are the main types of business ownership? Choosing the right business structure for entrepreneurs Business owners can structure their companies in several different ways , depending on the size of the business, its growth potential, how the business is managed, how the owners want to be taxed, and many other variables.

income tax 75

income tax Tax Legal tax return 75

ThomsonReuters

MARCH 28, 2022

You ’ ve found the ideal tax and accounting research solution for your firm. 4 tips to help prepare your business case . The benefits are crystal clear to you, but the real question is how do you convince your boss that your firm needs this research tool? Tax research technology empowers staff. It ’ s a win-win for the firm.

Tax 98

Tax Start-ups Technology Account 98

ThomsonReuters

MARCH 1, 2024

Jump to: How are S corporations taxed? How can S corporations reduce their taxes? How a corporate tax software can help filing S corporation taxes Setting up your business as an S corporation (S corp) provides several tax advantages that are not available to owners of C corporations (C corp) or Limited Liability Companies (LLCs).

corporation tax 52

corporation tax Tax tax return income tax 52

ThomsonReuters

AUGUST 24, 2023

How to calculate tax depreciation What are the tax depreciation methods? Tax depreciation and state-level complexities Managing depreciation of fixed assets Tax depreciation, which enables business clients to reduce the amount of their reported taxable income, may seem straightforward at first glance. What is bonus depreciation?

Tax 87

Tax business tax tax return Account 87

ThomsonReuters

APRIL 4, 2022

Sure, your firm’s tax compliance software does its job, but you know that there’s room for significant improvement. So, how do you get your boss on board? The game-changer is in the journey — how you get to that final output and what are the efficiencies gained along the way. Implementing a new software solution is no exception.

Tax 98

Tax Technology tax preparation tax return 98

Withum

SEPTEMBER 14, 2022

The IRS has learned how to use the vast amount of data at its disposal to identify compliance issues and reporting anomalies. They will be able to identify noncompliant taxpayers much faster, to target issues more efficiently, and to proceed with assessment and collection functions much quicker. 10 Troublesome Tax Schemes.

Tax 105

Tax tax return audit Entertainment 105

Snyder

JULY 13, 2022

If you’re wondering how to sell on Etsy, what your Etsy store cost will be, and whether Etsy is worth your time, we have good news for you – you don’t have to learn the hard way. 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.

Start-ups 98

Start-ups E-commerce Maine accounting books 98

Cheap Accounting

MARCH 28, 2022

It’s that time of the year when I update our annual blog advising those operating via a Limited Company on how to extract money from their business to pay themselves. This year the blog is different. How much should you pay yourself as a salary? If you don’t have an accountant get one.

payroll 40

payroll Tax corporation tax tax planning 40

Withum

SEPTEMBER 8, 2022

Without some form of independent assurance, capital acquisition would be delayed, made more cumbersome, and there would be added due diligence costs. All publicly owned companies must have audited financial statements that contain a report of the registered independent accounting firm performing the audit.

accounting principles 119

accounting principles auditor audit financial statements 119

Mark Lee

MAY 3, 2022

In the past I believe that a majority of established accountants ran their offices from commercial premises. Although I enjoy speaking at conferences and away days for larger firms, I write this blog to support my work with sole practitioner accountants. Have you thought about how to fill the space you have?

Start-ups 52

Start-ups Account accountant accounted 52

LyfeAccounting

MAY 25, 2021

Well, of course, there has been so much free money going out into the economy. And here on our blog, we’ve talked about a few of them such as PPP loans , EIDL loans , business grants you can get for your business, and so on. Now what’s interesting is that most of the free money started hitting people’s accounts in May.

Tax 87

Tax Real Estate accounting and finance tax return 87

Snyder

FEBRUARY 7, 2023

No one truly accomplishes anything alone, and no business operates without a lot of expert help. While you might be a great visionary when it comes to your Amazon FBA hussle – if you’re running or in the process of building an FBA e-commerce business, Amazon seller tools are an important building block in the process.

E-commerce 52

E-commerce accounting software Gaming audit 52

Mark Lee

JUNE 28, 2022

I first wrote about this in 2012 when I explained that I don’t believe that accountants’ clients really want ‘added value’ Heresy? Sadly, whilst this may work with clients who are switching accountants, it is less easy to convince those who are appointing their first ever accountant. This is a key point.

Account 98

Account accountant accounted Start-ups 98

Snyder

NOVEMBER 10, 2022

The biggest tax season challenge for a small business is tax preparation and filing. Most SMB owners fall into the trap of putting off taxes until the last minute because they don’t have professional tax accounting software backing them up. You can start with something simple. Accounting management. Contents: 1.

tax preparation 52

tax preparation Tax tax return accounting software 52

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. What is in a cash flow statement?

accounting and finance 59

accounting and finance accounts payable Finance Account 59

LyfeAccounting

APRIL 30, 2021

Let’s get started. Chances are if you’re reading this post, you have an LLC, or at least are thinking about starting one of your own. This has to be one of our favorite write offs for new LLCs because it can almost apply to everyone and it allows you to write off normally personal expenses as business expenses.

Tax 52

Tax Real Estate tax planning accounting and finance 52