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10 midyear tax planning moves

ThomsonReuters

Once you’ve had a chance to catch your breath following the spring busy season, it’s time to remind your clients that tax planning is where you can really add value. Gains from the sale of an investment held for more than one year (as well as dividends on certain stocks) are generally taxed at preferential capital gains rates.

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Accounting advisory: What you need to know

ThomsonReuters

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?

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Elevate your firms advisory services

ThomsonReuters

Accounting professionals have long been trusted advisors for their clients. That relationship was shifted into higher gear by the onset of the COVID-19 pandemic as many companies turned to their tax and accounting professionals to help keep their businesses afloat. Is your firm among them? What are the paths to advisory services?

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Streamlining Payments in Sage Intacct: A Guide

MineralTree

This blog takes a deeper dive into how your business can benefit from integrating your AP automation with Sage Intacct. Automation can help companies maximize the value of their ERP solution while allowing Sage Intacct to remain the system of record. With the right tools, you can unlock the full potential of Sage Intacct.

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How to Confidently Implement Strategic Advisory Services, and Get Your Boss On Board

ThomsonReuters

Whether you’ve read about it in industry publications, heard about it at trade conferences or discussed it with your peers, you know that more and more firms are shifting away from compliance-based practices in favor of higher-value advisory services. You see the value in investing in the solution, but will your boss?

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The benefits of the shared accounting inbox for AR and AP

Lockstep

If you manage accounts receivable (AR) and accounts payable (AP) for your business, you know how important it is to have a system in place to keep track of all incoming and outgoing payments. A shared accounting inbox can be a great way to do this, as it allows both AR and AP managers to see all payments in one place.

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Accounts Payable Outsourcing vs. AP Automation: Which is Better for Your Business?

MineralTree

For example, many businesses incorporate AP automation , e-invoicing, and other digital tools to quickly gain an edge over their competitors. 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. Keep reading to learn more.