TaxConnex

APRIL 20, 2021

And for many accountants and CPA firms, this time of year means extra-long hours and more time spent managing clients’ finances. The reality is your sales tax returns can create hefty penalties and fees for your business if not done correctly. Who do you want on your side? They turn to experts.

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Sales Tax tax return income tax 139

Ryan Lazanis

SEPTEMBER 19, 2023

In this post, we’ll discuss key considerations for effective accounting website design and showcase a variety of inspiring examples that can guide your own creative approach. 1) Focus on the Client Your website is a marketing tool that will communicate how you will improve the lives of your clients.

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Account accountant accounted bookkeeping 98

Basis 365

SEPTEMBER 5, 2023

You have many tasks to perform as a business owner to ensure your operation runs smoothly. You must keep your financial records up-to-date and organized to make informed decisions. Outsourced bookkeeping is a great option. You can save time and money by outsourcing your bookkeeping to a professional provider.

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bookkeeping bookkeeping services payroll tax quickbooks 52

ThomsonReuters

JUNE 29, 2023

As most of us know, tax and accounting automation involves s treamlining and standardizing tax inputs and workflow processes using technology. The result is more accurate results in less time — and more time for rewarding, high-value work that engages staff and wows clients. If so, that’s great! But where do you start?

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Technology accounting firms Tax Account 98

ThomsonReuters

FEBRUARY 15, 2024

In a way, tax and accounting professionals can attain their goals with artificial intelligence. For accounting professionals, there is a shift in the industry to providing more advisory services to clients. Jump to: Enabling the growth opportunity Tax planning with AI AI presents no shortage of opportunities.

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tax planning Tax accounting and finance Account 105

MineralTree

MARCH 16, 2023

Offloading and outsourcing AP tasks to avoid retraining teams or hiring more staff is another method used by finance teams to modernize their back office. Today’s blog breaks down the differences between automating and outsourcing AP, explaining the various reasons why teams opt between the two models.

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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.

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ThomsonReuters

FEBRUARY 2, 2022

the potential market available to tax and accounting firms is massive. However, finding individual and small business clients is more challenging, particularly for those just starting out. Here are a few ways you can market your firm’s services to individuals and small businesses. How to market tax and accounting services.

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accounting firms Account accountant accounted 98

ThomsonReuters

MAY 6, 2022

Many accounting firms provide invaluable services that go far beyond tax prep and financial reporting. For small to mid-size accounting firms that want to explore other revenue streams, accounting consulting services can be a great place to start. 4 year-round services to create consistent cash flow. 3. Audit management.

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accounting firms tax preparation Account accountant 93

ThomsonReuters

NOVEMBER 8, 2022

Most accountants know that choosing the right accounting technology can boost the ability to serve clients, satisfy staff, and build deeper client relationships.?But But how do you take full advantage of technology to streamline accounting processes? . Assess your current processes and tech stack.

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Technology Account accountant accounted 105

ThomsonReuters

NOVEMBER 8, 2022

This profound shift has created a pathway to improving operational efficiency, seamlessly achieving compliance, and fostering more meaningful relationships with clients. . How is information technology used in accounting? Not so long ago, accountants spent much of their time manually entering data and searching for information.

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Technology Account accountant accounted 98

Basis 365

MAY 30, 2023

One way to do this is by outsourcing accounting functions. Outsourced accounting services have become increasingly popular in recent years, but how do they impact a company's profitability? In this blog post, we will explore the benefits of outsourced accounting and how it can increase profitability.

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Account accountant accounted accounting and finance 52

ThomsonReuters

DECEMBER 29, 2022

Helping companies ensure compliance by outsourcing for business processes represents a growth opportunity for today’s tax and accounting firms. . “ Consider this: the global business process outsourcing market size accounted for $241.7 Are corporate tax outsourcing services right for your firm?

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corporation tax Tax income tax tax return 59

Mark Lee

MAY 16, 2023

One of the topics that often comes up is the challenge of prioritising anything (non-billable) you might think you want to do when there is client work that could be done. Certainly, some of the accountants I work with tell me that they struggle to make time to prioritise developing, building and promoting their practice.

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Account accountant accounted bookkeeping 87

Mark Lee

FEBRUARY 20, 2024

Early in 2023 Linkedin started encouraging users to ”Verify now’ The message appears in a a box alongside your name at the top of your profile. If you complete the process your name will be followed by a little tick in a shield to show you have verified your profile and that you are the person you claim to be.

bookkeeping 52

bookkeeping Account accountant accounted 52

Ryan Lazanis

APRIL 10, 2022

In this guide, I’m going to outline what the future of accounting looks like for accounting firms and how to best prepare for it in 2022. This guide will cover trends that are happening at this very moment and specific strategies that you can use right now to better prepare you and your firm for the future. Let’s go.

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Account accountant accounted Technology 111

Ryan Lazanis

MAY 17, 2022

If you’re looking for the best marketing for accountants’ strategies, you’ve come to the right place. In this post, I’m going to outline 18 of the top strategies working well right now to help you attract clients. Marketing for Accountants 101. 1 Get Blogging. #2 4 Viral Marketing for Accountants. #5

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ThomsonReuters

FEBRUARY 15, 2024

In a way, tax and accounting professionals can attain their goals with artificial intelligence. For accounting professionals, there is a shift in the industry to providing more advisory services to clients. Jump to: Enabling the growth opportunity Tax planning with AI AI presents no shortage of opportunities.

tax planning 52

tax planning Tax accounting and finance Account 52

Basis 365

JULY 11, 2023

As a business owner, one of your key responsibilities is to track your revenue and ensure that your business is profitable. In this blog post, we’ll explore the key factors you need to consider when calculating revenue and provide some tips to help you ensure accuracy and maximize profitability.

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Non-Profits Technology bookkeeping Legal 40

ThomsonReuters

JULY 2, 2021

How to shift your mindset from accountant to business owner. You’ve made the leap from staff accountant to small firm owner. You’ve done the work, you have the experience, and you might even have a ready-made client list. Protect your time. You did it. Most people do not need to be busier.

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Account accountant accounted tax return 52

ThomsonReuters

APRIL 6, 2021

Taking on a consultant role to help businesses through this evolution presents your firm with an opportunity to replace vanishing revenue from declining tax compliance work. It also offers an avenue to strengthen your relationship with clients. But how specifically can your firm help clients change to meet modern business needs?

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accounting and finance audit CPA cpa firm 64

ThomsonReuters

APRIL 15, 2021

Tax and accounting firms are uniquely positioned to be strategic advisors and service providers for their clients—but CPA firms must evolve, too. Tax and accounting firms can serve as a consultant for clients working through their path toward modernization.

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cpa firm accounting and finance CPA audit 96

Mark Lee

JUNE 6, 2023

These days many accountants feel as if they are working harder than ever just to stand still. Thirty years ago clients either wrote letters or, when they needed urgent help, they would telephone the office. It is typically older accountants who approach me with feelings of overwhelm. Perception is reality.

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Start-ups Account accountant accounted 52

Snyder

FEBRUARY 7, 2023

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. These tried and tested Amazon FBA seller tools will make your work that much easier.

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E-commerce accounting software Gaming audit 52

ThomsonReuters

APRIL 12, 2021

We’ve been telling our clients to prepare for aggressive audits coming as soon as this year. More outsourcing: Companies are outsourcing routine tasks and shifting focus to strategic indirect tax activities. Listen to the entire episode.

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Tax Technology corporation tax audit 98

Mark Lee

DECEMBER 20, 2022

Most of the accountants who approach me start by talking about their problems and what appears to be an immediate challenge. This is much the same as the way that a decent GP doesn’t just prescribe medication for your symptoms without first trying to find out what is causing them. 11 – Reduce your overheads.

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Account accountant accounted Start-ups 52

Mark Lee

APRIL 18, 2023

I have summarised these below as they may resonate with you too: Time Management As a sole practitioner, you wear many hats – accountant, business owner, marketer, and more. so that you can handle all your responsibilities efficiently. I often guide my clients through what could be difficult conversations.

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Account accountant accounted accounting and finance 52

Mark Lee

AUGUST 15, 2023

Regular readers will know that, on this blog I share, what I hope is, constructive and unbiased advice for accountants in practice. They often employ very persuasive salespeople who attempt to scare accountants into spending far more money than necessary. Some are just bullies in pinstripes” he said. Of course I was wrong.

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Account accountant accounted Construction 52

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. Read on to access 21 actionable methods that you can implement to help increase your client base. Let’s go! But what is lead generation? followers.

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Account accountant accounted accounting firms 52

Mark Lee

JUNE 14, 2022

Many of the accountants who take up the opportunity to book a call with me start with variations on the same question: How can I attract new clients? What can I do to get more clients? I need more clients, what should I do? The simple reason is that the best answer for one accountant may not be the best answer for you.

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Account accountant accounted Gaming 52

SchoolofBookkeeping

FEBRUARY 2, 2024

Advanced Inventory Tracking inventory Using QuickBooks Online For years the outcry from the accounting community has been “QBO doesn’t track inventory” and when QBO was first unveiled (circa 2000), that was 100% accurate. It’s a Pandora’s box that deserves a blog of its own, but needs to be mentioned.

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quickbooks E-commerce Manufacturing Approval Workflows 52

Snyder

JANUARY 8, 2023

How to grow your business? But dropshipping stores don’t stock or deliver items to clients by themselves. 5 things your dropshipping business should do: Showcase products on a website or marketplace. So, if you sell your products on Amazon, the dropshipper is the supplier as explained on the Amazon site.

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E-commerce Non-Profits Start-ups Maine 98

inDinero Accounting

JANUARY 9, 2023

Table of Contents What Makes Accounting Services for Startups Different? Why Is Accounting Important for Startups? However, a lack of accounting experience and knowledge can be a hindrance, especially for startups which need to be agile and primed for rapid growth. What Makes Accounting Services for Startups Different?

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inDinero Accounting

JANUARY 9, 2023

What Makes Accounting Services for Startups Different? Why Is Accounting Important for Startups? How to Select the Right Startup Accountant. Getting Started with Startup Accounting. Holding back your growth. Holding back your growth. What Makes Accounting Services for Startups Different?

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ThomsonReuters

APRIL 18, 2023

The accounting profession has faced a profound shift in recent years: from significant regulatory changes to an influx of innovative technologies, to reimagined business models, to an increase in client expectations. What are the current issues in accounting? but there are several common hurdles that often run industry wide.

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Account accountant accounted Technology 52

ThomsonReuters

JULY 8, 2021

Multinational enterprises (MNEs) began using centralized shared services centers three decades ago to standardize and improve efficiency in back-office functions such as finance & accounting, human resources, and IT. Watch the entire episode. Tax & Tech Talks: How to Achieve Global Statutory Financial Compliance.

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Technology accounting and finance general ledger accounting principles 98

Snyder

SEPTEMBER 22, 2022

If the thought of having your own online retail store has ever crossed your mind, you’ve certainly heard the word “dropshipping” over and over again like some magic spell. Synder for dropshipping business accounting and analytics. Isn’t it magic indeed to have no responsibility for procuring, storing and shipping goods?

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E-commerce Manufacturing Start-ups Retail 52