ThomsonReuters

JANUARY 18, 2024

Accountant vs. CPA vs. tax preparer: What are the differences? How can accountants be more efficient? Ever-changing regulations and laws, shifts in client expectations, and advancements in innovative technologies like artificial intelligence (AI) are changing the way firms do business and how accountants serve their clients.

Account 59

Account accountant accounted tax preparation 59

Snyder

NOVEMBER 17, 2022

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. No one can be an expert in all those areas, that’s why finding a helpful blog for accountants is such a great idea. Small business owners.

Account 52

Account accountant accounted bookkeeping 52

Going Concern

MAY 18, 2023

On the comp side, accountants are routinely gaslit about their worth and how much they’ll earn because only a few firms control most of the salaries (which have barely risen in 10 years). At its core, accounting is a challenging career that requires growth and learning and can usually pay pretty well. So far, so good. But wait, there’s more!

Account 109

Account accountant accounted cma 109

TaxConnex

SEPTEMBER 24, 2020

In this blog, we’ll outline 5 steps that will put you on the right track to have your business prepped to maintain compliance. This then becomes a bottom line hit to your business unless you can recoup from your customers. Most businesses have some type of process in place although it may not be comprehensive enough.

Sales 243

Sales Tax Start-ups audit 243

DuctTapeMarketing

JULY 14, 2018

Become a Consultant. Here is a short guide on how to maintain a healthy set of business financials.  Services Online Audit. Strategy First. Marketing Training for your team. Website Review. Local Marketing System. Professional Services Marketing. A la carte SEO. Pay Per Click. Guides Local Marketing. Professional Services.

bookkeeping 238

bookkeeping accounting and finance accounting software bookkeeping services 238

Withum

MAY 9, 2024

Obtain a thorough understanding of how organizations function. Obtain a thorough understanding of how organizations function. How each part is done varies and needs systems, procedures and controls and auditors get inside views of each of these functions. I’ve taught this previously and certainly know the material.

auditor 59

auditor audit financial statements forensic accounting 59

ThomsonReuters

FEBRUARY 27, 2024

After some time, Heit left HCVT to become a full-time photographer, allowing her the flexibility to have the work-life balance she desired. Creating a CPA firm around flexibility Heit describes how a former group of colleagues had started an accounting firm around the same time she began her photography business.

cpa firm 52

cpa firm accounting firms accounting careers CPA 52

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. Marketplaces are becoming tighter and competition fiercer. The workplace is becoming more technology-driven. This can include payroll, accounts receivable and payable, and bookkeeping.

cpa firm 96

cpa firm accounting and finance CPA audit 96

ThomsonReuters

JUNE 16, 2023

Many of today’s accounting professionals have a new perspective on when and how they want to work. Now with the public health emergency officially over , the shift to more remote work has become the new normal. Now with the public health emergency officially over , the shift to more remote work has become the new normal.

accounting firms 111

accounting firms Account accountant accounted 111

ThomsonReuters

OCTOBER 4, 2023

Jump to: How many accounting firms use AI? How do the Big 4 use artificial intelligence? How do smaller accounting firms use AI? How does AI impact workflow? This article explores how different accounting firms use AI in their operations to drive efficiency and excellence in their services.

accounting firms 111

accounting firms Account accountant accounted 111

ThomsonReuters

DECEMBER 20, 2021

From tax software geared toward small firms to curated news and insights for firm owners, the barriers to starting your own CPA firm have never been lower. When you realize you’re ready to become your own boss by starting an accounting firm, it’s important to build a strong foundation. Determine your roadmap.

accounting firms 52

accounting firms Account accountant accounted 52

ThomsonReuters

APRIL 23, 2021

Now, after navigating through turmoil and confusion, we find ourselves still adjusting to becoming a fully functional remote CPA. As we move forward through the COVID-19 pandemic, will the virtual CPA be here to stay? In 2020, tax and accounting professionals found themselves amid a major disruption in their daily firm life.

CPA 105

CPA cpa firm Tax tax return 105

ThomsonReuters

MAY 12, 2023

As CPA firms navigate the ever-evolving digital economy, they are faced with various challenges that threaten their profitability and longevity. From leveraging automation and artificial intelligence to recruiting and retaining top talent, CPA firms must find innovative solutions in order to stay competitive.

cpa firm 52

cpa firm CPA Technology cpas 52

ThomsonReuters

MAY 6, 2022

Technology has become an indispensable part of modern business by automating mundane tasks, increasing efficiency, and reducing costs. However, automation with software is becoming increasingly effective at reducing our daily workload and freeing up our time. How would you spend that time?”

Technology 95

Technology bookkeeping Start-ups payroll 95

ThomsonReuters

AUGUST 2, 2022

A notable portion of today’s accounting curriculum in college is dedicated to teaching aspiring accountants how to use current accounting technology. The necessity of remote work during the pandemic showcased just how well accounting firms can operate within a flexible working environment.

Account 97

Account accountant accounted Technology 97

ThomsonReuters

MARCH 26, 2021

Now that tax season is in full swing for many practitioners, you may find yourself questioning if this is the right time to break off and explore starting your own CPA firm. Starting your own CPA Firm: Don’t be afraid of a niche. I’d been at a large regional CPA firm for most of a decade. I do, and I can help them with that. “I

cpa firm 98

cpa firm CPA Non-Profits Start-ups 98

ThomsonReuters

JUNE 16, 2023

In fact, a 2022 survey by the Virginia Society of CPAs (VSCPA) found that the greatest challenges facing firms are being overworked and understaffed. Rising client expectations , an ever-changing regulatory environment , and the ongoing war on talent have left many of today’s firms grappling with strained bandwidth. What is firm capability?

accounting firms 98

accounting firms Account accountant accounted 98

Withum

JUNE 13, 2023

He came to Philadelphia as a 17-year-old runaway with virtually nothing and had become one of the richest people in the country when he died at age 84. For those that do not know me, I am a CPA and Emeritus partner at Withum. I will also suggest things you could adopt to maintain, better, and/or grow your wealth and health.

Washington 52

Washington CPA Tax Account 52

Ryan Lazanis

SEPTEMBER 19, 2023

Table of Contents The Do’s and Don’ts of Accounting Website Design The Top 43 Examples of Accounting Websites The Do’s and Dont’s of Accounting Website Design To give you an idea of how to make your accounting practice more appealing to prospective clients, I listed down some practices you should consider and avoid.

Account 98

Account accountant accounted bookkeeping 98

ThomsonReuters

MAY 15, 2023

As AI technology becomes increasingly sophisticated, it presents CPAs with a range of opportunities to enhance their advisory services through automated processes, real-time insights, and personalized advice. This technology offers a range of advantages that CPAs can leverage to provide better services to their clients.

Tax 98

Tax cpas Account accountant 98

ThomsonReuters

MAY 5, 2022

How did your firm fare this year? In some cases, this may even mean firing some current clients to become stronger. These are clients who have become too much work for the amount of revenue they generate. Each year, tax time is an opportunity to expand your accounting firm’s client base. Understanding your ideal client base.

accounting firms 96

accounting firms Tax Real Estate Account 96

Going Concern

FEBRUARY 12, 2024

Someone you know spoke to NPR’s Marketplace for this story: Some accountants are turning away new customers this tax season Tax filing season is here and if you’ve been putting off finding a CPA, good luck. We get calls all the time saying, ‘Hey, my CPA just retired. And we don’t,” said Jenni Merrell, a CPA in Chico, California.

auditor 70

auditor Account accountant accounted 70

ThomsonReuters

JULY 6, 2023

But what is a tax advisor and how do you become one? Let’s take a look at what tax advisory is and how you can take advantage of this approach to serving clients. If you’re a tax and accounting professional, you’ve likely found yourself answering numerous questions related to your clients’ tax returns.

Tax 98

Tax tax return income tax audit 98

ThomsonReuters

AUGUST 2, 2022

So, how can tax technology boost the agility of your firm? So, how can tax technology boost the agility of your firm? Even as accounting firms emerge from the COVID-19 pandemic with a new appreciation for technology’s ability to enable remote work and seamless collaboration, a new challenge has surfaced. Detect inaccuracies.

Technology 98

Technology Tax Non-Profits tax preparation 98

Withum

JUNE 22, 2023

I posted a “letter” to a friend that did not have a current will and followed this up with a checklist on how to get started. Both blogs are combined here with some editing, and I am reposting it with the hope that they will do something. Alternatively, your CPA or financial planner could also explain this to you.

Start-ups 59

Start-ups accounting and finance Legal CPA 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. Let’s take a look at the basics. What is accounting advisory? Watch now >> What is the difference between accounting advisory and consulting?

Account 88

Account accountant accounted tax return 88

SkagitCountyTaxServices

MAY 18, 2023

Now, I know that I recently started talking about the new FinCEN reporting requirement and promised a part two… which I’ll absolutely get to in an upcoming blog. This week, I want to address our potential crisis by giving an overview of past problems and some of their causes — and what other small businesses are thinking about how to respond.

New York 69

New York CPA Washington Start-ups 69

ThomsonReuters

MARCH 8, 2021

In this chapter of Small Talk with Heather Walker , I am joined by two successful women in the tax and accounting profession: Linda Forde, CPA and owner of The Forde Firm, and Nina Tross, Executive Director of the National Society of Tax Professionals (NSTP). How we find ourselves in a career such as tax and accounting isn’t always typical.

Tax 111

Tax Account accountant accounted 111

ThomsonReuters

OCTOBER 31, 2023

Jump to: How is AI affecting accounting? How to use AI to innovate Artificial intelligence (AI) is making its presence felt across many industries—and the accounting profession is no exception. One of the primary concerns centers on how AI will affect accounting jobs and the career outlook for tax professionals.

accounting jobs 52

accounting jobs accountant jobs accounts jobs Account 52

ThomsonReuters

JANUARY 28, 2022

Figuring out how to stabilize revenue throughout the year can help you reduce overall stress and improve income potential. Tax accountants who only earn an income part of the year have to figure out how to stretch that income through the lean months. Find better office space options. Save money on equipment and furnishings.

Tax 102

Tax tax preparation bookkeeping bookkeeping services 102

Xero

JUNE 6, 2022

As many of us continue to respond to the impacts of climate change, it’s important to consider how the small business landscape will change, not just for our small business customers but our accounting and bookkeeping partners too. While these aren’t new ideas, they are fast becoming an important consideration for small businesses.

bookkeeping 94

bookkeeping Account accountant accounted 94

ThomsonReuters

DECEMBER 5, 2022

How can automation help your firm achieve more? . How does it work? How does automating compliance tasks free up time for higher-value activities? . For tax and accounting professionals, time is a precious commodity. Every day, practitioners are faced with tasks that are time-consuming and low value. Boost productivity .

Technology 59

Technology Tax financial statements cpa firm 59

ThomsonReuters

APRIL 6, 2021

The workplace is becoming more technology-reliant. But all need to rethink how they operate, including their financial infrastructure and workforce. But all need to rethink how they operate, including their financial infrastructure and workforce. It also offers an avenue to strengthen your relationship with clients.

accounting and finance 64

accounting and finance audit CPA cpa firm 64

Withum

JUNE 22, 2022

I am using this blog to call his attention to the importance of getting it done and will be sending a link to him and his wife. I am using this blog to call his attention to the importance of getting it done and will be sending a link to him and his wife. Alternatively, your CPA or financial planner could also explain this to you.

accounting and finance 105

accounting and finance CPA Tax Government 105

LyfeAccounting

OCTOBER 12, 2020

So now more than ever, business owners who want to control their expenses, improve their financial health and make smarter financial decisions are turning to CPAs for help. And a large portion of those businesses are opting for Virtual CPAs over local or even in-house CPAs. Why do you even need a CPA? What is a CPA?

CPA 52

CPA cpas bookkeeping cpa firm 52

ThomsonReuters

NOVEMBER 11, 2020

As a leader in your firm, you are persistently looking for the key to strengthen your CPA advisory relationships and build those long-term clients. Why should you start co-creating to strengthen your CPA advisory relationships? This means switching how we work as accountants. Businesses need workable solutions from advisors.

CPA 52

CPA cpas Start-ups cpa firm 52

ThomsonReuters

FEBRUARY 7, 2023

In fact, state legislatures have found that keeping pace with the changes and complexity of tax laws continues to be a top concern for most CPA firms. In fact, state legislatures have found that keeping pace with the changes and complexity of tax laws continues to be a top concern for most CPA firms. Let’s take a closer look.

Tax 59

Tax cpa firm corporation tax Start-ups 59