ThomsonReuters

OCTOBER 27, 2023

Doing good things for the right people for the right reasons can be very rewarding. But, many accounting firms offering pro bono services fail to take a strategic and organized approach, opening themselves up to a host of potential challenges. One smart approach is to formally adopt an annual budget for pro bono services.

Account 59

Account accountant accounted accounting firms 59

Xero

JULY 31, 2023

Small business owners are well aware how hard it is for their customers right now, who are trying to stretch their budgets to cover the rising cost of household bills, transport, housing and debt repayments. This isn’t leaving a lot of cash to spend in their local small business. higher in Canada. y/y and 7.6%

Sales 89

Sales Transportation Start-ups Maine 89

Xero

MAY 30, 2022

Xero Small Business Insights (XSBI) data for April 2022 shows signs of emerging risks to small businesses in the UK, Australia and New Zealand. The rising cost of living pressures, inflation, ongoing supply chain issues and tight labour markets are some of the key factors contributing to small business performance. Sales rose 6.3%

Non-Profits 70

Non-Profits bookkeeping Sales accounting and finance 70

Xero

JANUARY 30, 2024

Property investment accounting, or landlord accounting, manages your property portfolio assisting with tax compliance and return on investment. Your success lies in solid financial and legal foundations to weather storms – real or metaphorical. How much it is depends on location, value, and any concessions you’re eligible for (e.g.

Account 93

Account accountant accounted accounting and finance 93

ThomsonReuters

MAY 6, 2022

Increasing profitability is a fundamental part of growing and maintaining a business. 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. Having a recommendation from someone they know is a great way to ensure that.

Tax 87

Tax Account accountant accounted 87

ThomsonReuters

AUGUST 1, 2022

After all, what’s the difference when it’s just about plugging in numbers, right? After all, what’s the difference when it’s just about plugging in numbers, right? Freeing up time for advisory services. They most certainly are. It’s also affordable, even for small firms. What are their challenges?

tax return 97

tax return Tax Account accountant 97

Xero

MARCH 30, 2023

From advancing business models to offering expanded services to be able to meet new client demands; change has been a constant for the industry. Alongside small businesses, many practices have digitalised rapidly to keep pace with today’s environment. Proposing (or re-negotiating) the terms of your agreements.

Non-Profits 100

Non-Profits bookkeeping Start-ups Account 100

Xero

MAY 25, 2022

We know that mental wellbeing is vitally important, but for small business owners, striking a balance between work and mental health can feel almost impossible. . The past two years in particular have thrown up a previously unseen level of disruption and turmoil for small businesses. Here, we’ll break down some of these tips. .

Maine 101

Maine 101

Snyder

JANUARY 8, 2023

What does it mean for small businesses? This article answers the questions for anyone curious about how to start a dropshipping business: What is dropshipping? How does it work? How can you find a dropshipping niche? What is a dropshipping business? Who is a dropshipper in the dropshipping business model?

E-commerce 98

E-commerce Non-Profits Start-ups Maine 98

ThomsonReuters

MARCH 21, 2023

But, what just happened was that you gave away your knowledge and expertise for free—expertise that you can and should be paid for when clients ask for advice that falls outside the scope of work you have been hired to do. On this April Fools’ Day, don’t get tricked into giving away your expertise.

CPA 97

CPA Tax tax return accounting firms 97

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. 1 Get Blogging. #2 9 Include Lead Magnets on Your Website. #10 How is this possible?

Account 98

Account accountant accounted accounting firms 98

Mark Lee

JANUARY 9, 2024

Typically that means people who need and can afford our services; and who are the type of people who we would be happy to have as clients. For example, if these people only want a simple compliance service at the lowest possible price. There’s a simple equation: More leads = more clients = more fees = more profits.

Start-ups 93

Start-ups Tax Gaming Account 93

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. How to sell on Etsy: Onboarding. Name your shop. Stock your shop. How you’ll get paid. Your shop security.

Start-ups 98

Start-ups E-commerce Maine accounting books 98

Snyder

NOVEMBER 2, 2022

This is perhaps why the number of professionals running a side business has steadily risen over the last decade. In fact, since March 2020, one in five (19%) UK professionals have started a side business. In fact, since March 2020, one in five (19%) UK professionals have started a side business. This guide is for you.

E-commerce 52

E-commerce Start-ups Account accountant 52

ThomsonReuters

APRIL 23, 2021

Whether you’re looking to branch out and start your own firm, or you’re a current small firm owner, the idea of continuing to evolve and design your tax and accounting firm is a constant in your mind. From a growth mindset to a business ‘by design’. But the business owner is saying they don’t really care about that.

accounting firms 98

accounting firms Tax Account accountant 98

ThomsonReuters

AUGUST 25, 2023

How do you calculate vehicle depreciation for taxes? How does Section 179 deduction work for vehicles? Managing vehicle tax depreciation with software Running a successful small business is hard work and expensive. One tax savings that some business clients may not be familiar with is vehicle tax depreciation.

Tax 52

Tax Account accountant accounted 52

ThomsonReuters

JUNE 15, 2022

The foundation of a successful tax practice rests on the technical knowledge of your people. While you can create a modern firm with automated processes and expansive service offerings, your clients won’t keep coming back if your team isn’t up to speed with the most recent tax law changes.

Tax 98

Tax Technology audit tax preparation 98

inDinero Accounting

DECEMBER 13, 2021

Running your own business can be rewarding, but it also requires a wide range of skills. One of the most critical aspects of running your own business is accounting. Unfortunately, not every business owner has the energy or knowledge to decide between cash vs. accrual or Netsuite vs. Quickbooks.

NetSuite 104

NetSuite accounting software quickbooks Account 104

Xero

OCTOBER 18, 2022

Apps can benefit your business in many ways, including helping you gain valuable insights, and automating time-consuming tasks, so you have more time to spend on growing your business – or just doing more of the things you love. Identify your business needs. Or perhaps you want help to grow.

Hospitality 66

Hospitality Construction Start-ups Manufacturing 66

Ryan Lazanis

APRIL 13, 2022

In this article, you’re going to learn about what an accounting workflow is, the purpose your workflows serve in your firm with 9 key workflows that you can optimize in your accounting firms. Your organization has a variety of critical tasks that need to be completed on an ongoing basis. What is a Workflow?

Account 88

Account accountant accounted accounting firms 88

xendoo

AUGUST 30, 2021

Bookkeeping is critical to the financial health of every business, but business owners rarely have the time (or desire) to manage it themselves. To take their time back, many business owners choose to outsource their bookkeeping and accounting. So, how do you choose the right financial partner for your business?

bookkeeping services 91

bookkeeping services bookkeeping quickbooks accounting software 91

ThomsonReuters

AUGUST 1, 2023

The results show that tax and accounting professionals know exactly what they want in an employer—and here’s how firms can heed the call. So how much is today’s accounting talent looking for in terms of salary? Financial stability There’s no question that money talks—and the accounting profession is no exception.

Account 98

Account accountant accounted accounting firms 98

Mark Lee

OCTOBER 24, 2023

Whether or not you use timesheets or bill clients by reference to the hours that you (and your team, if any) spend on clients’ affairs, you probably have an hourly rate in mind. A higher rate typically being charged for specialist tax advisory services for example. If you wanted to engage an MP – how would you choose who to use?

Tax 94

Tax tax return Account accountant 94

ThomsonReuters

JUNE 16, 2023

Do you know how to spot it? How widespread is corporate fraud? The Enron scandal. The Worldcom scandal. When one thinks of accounting fraud, it is likely that these are some of the cases that come to mind. However, most cases of accounting fraud will not make news headlines and can happen in companies of all sizes and industries.

Account 93

Account accountant accounted financial statements 93

ThomsonReuters

MARCH 13, 2023

LLC.  More recently, in April 2022, New Mountain Capital announced a majority investment in professional services firms Citrin Cooperman.  These investments marked a notable transformation in the profession, with the realization among private equity firms that investing in large accounting firms can yield great returns.

Technology 59

Technology accounting firms Tax audit 59

DuctTapeMarketing

JULY 24, 2018

 Services Online Audit. Marketing Training for your team. Professional Services Marketing. Professional Services. Consulting Business. Small Business Finances. Tips for Outsourcing Your Payroll. Tips for Outsourcing Your Payroll. Is Outsourcing Right For You? Strategy First.

payroll 142

payroll accounting and finance Start-ups Tax 142

ThomsonReuters

JANUARY 31, 2023

Running a successful accounting or bookkeeping business is more than just working with numbers. And while administrative tasks are critical for keeping your business running smoothly, they can take time and focus away from serving clients. This starts with identifying inefficiencies that are ripe for automation.

Technology 59

Technology bookkeeping Start-ups Account 59

Mark Lee

OCTOBER 31, 2023

You’re not alone if you’re fed up of hearing commentators, software vendors and app developers tell you what your clients are thinking. I’m not in practice any more and I’m certainly fed up of hearing this nonsense – as what they are saying makes no sense when they talk about your current clients. Not that they know of course.

tax return 92

tax return bookkeeping bookkeeping software accounting and finance 92

Snyder

DECEMBER 27, 2022

With the rise of online platforms like Upwork, Fiverr, and Remote.co, more and more people are working remotely to offer their services to businesses worldwide. This means that nowadays, freelancers have greater opportunities to find work and grow their businesses faster. And here’s how you can prepare yourself.

Account 98

Account accountant accounted accounting and finance 98

5 Minute Bookkeeping

DECEMBER 2, 2021

Is not knowing how to charge for bookkeeping services holding you back? I know that for many virtual bookkeepers, the problem isn’t the technical know-how, the problem is being able to confidently price their services. It’s all in your mind. It’s just a business transaction.

bookkeeping services 52

bookkeeping services bookkeeping Start-ups Account 52

Snyder

APRIL 25, 2022

When you have a successful business , it’s important to be able to track and manage your physical goods, and inventory management will help you with that. Whether you’re just starting out or have been in the game for a while, good inventory management for small businesses will maximize your profits and minimize expenses.

E-commerce 98

E-commerce Maine Manufacturing Start-ups 98

ThomsonReuters

AUGUST 25, 2023

How is depreciation taxed on the sale of rental property? How do you avoid depreciation recapture tax on rental property? Most likely, some of your clients are among them. This can prove to be a significant benefit to your client as it can reduce their tax liability and help them save money each year on taxes.

Tax 52

Tax Account accountant accounted 52

ThomsonReuters

OCTOBER 1, 2022

In a world where tax regulations are constantly changing, clients are demanding more, and competition is fierce, it’s hard to decide where to invest your limited time and resources. Or are your clients constantly knocking at your door for assistance? Are you struggling to stand out amongst competitors?

Account 59

Account accountant accounted Technology 59

Snyder

JANUARY 5, 2023

There’s no doubt that every business aspires to grow. A more complicated issue is how to fuel this potential growth in the changing sales landscape. In the ideal world a unique product or service and customers willing to buy it continuously would be more than enough to keep on increasing a company’s sales forever.

Sales 52

Sales E-commerce Education Maine 52

ThomsonReuters

JULY 10, 2023

Therefore, businesses must understand both sales and use tax, know the differences and similarities, and have the resources to help them ensure compliance. Therefore, businesses must understand both sales and use tax, know the differences and similarities, and have the resources to help them ensure compliance. How does use tax work?

Tax 98

Tax Massachusetts Washington South Dakota 98

ThomsonReuters

FEBRUARY 24, 2023

Firms tend to be recession-proof, deliver positive cash flow with low volatility, and are ideally suited for growth as they shift away from compliance-based business models in favor of higher-margin strategic advisory services. How does integrated technology make firms attractive to buyers or venture capital?

accounting firms 59

accounting firms Account accountant accounted 59

Accounting Insight

JANUARY 5, 2024

Despite how common VAT is, the tax is difficult at the best of times to understand. That’s why we share plenty of knowledge on the topic, from an in-depth introduction to EU VAT to how VAT changes when trading between different EU countries. How VAT works – a quick explanation Let’s start with the burning question, what is VAT?

audit 52

audit Tax Maine Government 52