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How do different accounting firms use AI?

ThomsonReuters

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? In today’s fast-paced business world, ignoring technology is not an option, and the field of accounting is no exception.

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AI and job security: Will technology replace tax professionals?

ThomsonReuters

Jump to: Job security: AI is an enhancement, not a replacement Making AI work for you: Best practices for tax professionals A collaborative future with AI The dawn of artificial intelligence (AI) has sparked concerns across various industries about the potential replacement of human workers with machines.

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How Blackbook Winery is preparing for vintage years ahead

Xero

But after several years of boom, with sales increasing and accolades stacking up , UK wine makers are the coming force in the industry, with amazing wineries of all sizes springing up throughout the country. I quickly became immersed in these plans, and once we founded the winery in 2017 we spent a year setting up the business model.

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Managing client expectations for accountants

ThomsonReuters

Miscommunication, unrealistic expectations, and personality differences are bound to surface on occasion, but establishing boundaries early on can help accountants avoid these problems and better manage client expectations. The relationship accountants have with their clients is no different.

Account 59
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Why You Should Put Profit First

DuctTapeMarketing

Services Online Audit. Professional Services Marketing. Professional Services. When profit isn’t the goal there generally isn’t any profit and like so many things all that comes in used up. Questions I ask Mike Michalowicz: Why do you need to account for profit first? 0 Comments.

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Taking Aggressive Tax Positions in Light of the Expected IRS Hiring Binge

Withum

While we’re waiting on the IRS to ramp up, now is a good time to take the opportunity to reassess your tax “strategies” and compliance. The IRS has learned how to use the vast amount of data at its disposal to identify compliance issues and reporting anomalies. Consequently, taxpayers took on some bad habits.

Tax 105
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How To Start a Bookkeeping Business in 2022 [Step by Step]

Ryan Lazanis

Do you want to know how to start a bookkeeping business or accounting firm in 2022? Great news, because this step-by-step guide will cover the critical 7 steps you’ll need to follow to set up a modern bookkeeping practice and to land your first clients. In this guide, you’ll learn: How to set up a strategic business plan.