Xero

MARCH 30, 2023

Alongside small businesses, many practices have digitalised rapidly to keep pace with today’s environment. With a new financial year almost upon us, this is the perfect time to review your practice app stack and consider what digital tools could level up your firm in FY24. The tricky part?

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ThomsonReuters

MARCH 21, 2023

Employee engagement is on the decline. Are members of your accounting team among them? A 2022 Gallup survey found that employee engagement in the U.S. experienced its first annual decline in a decade — dropping from 36 percent engaged employees in 2020 to 34 percent in 2021.

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ThomsonReuters

AUGUST 1, 2023

While you may find yourself thinking your firm can’t afford to pay higher salaries, the truth is you can’t afford not to. The answer lies in using technology to your advantage. Because it’s an investment that benefits not only your staff, but your firm as a whole.

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ThomsonReuters

JUNE 8, 2023

To do this, it is essential to have a comprehensive recruitment and retention plan that incorporates key strategies such as technology, data analytics, and fostering an engaging work environment. These results demonstrate the value companies can gain from using analytics strategies when it comes to attracting and keeping high caliber talent.

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Xero

NOVEMBER 15, 2022

Apps can help automate your admin, generate insights, manage your day-to-day operations and give you access to deep analytics for smarter business decisions. Stripe – Enables you to accept payments from debit or credit cards, Apple Pay, and Google Pay for online invoices sent from Xero so your customers can pay you easily.

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ThomsonReuters

JANUARY 12, 2023

However, sparked by the onset of the COVID-19 pandemic, which forced many companies to go remote essentially overnight, a growing number of firms are opting to remain remote , or at least hybrid. . How do you develop a remote audit policy? Remote work is not simply an electronic version of the traditional, manual processes.

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Xero

JUNE 22, 2022

Of course, for advisors, this is an opportunity to attract new business or build on your existing relationships. Proposing (or re-negotiating) the terms of your agreements. . Whether you’re signing on a new small business or restructuring your pricing model, you need to ensure your engagement terms are clear and consistent.

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Xero

OCTOBER 19, 2022

When Lucy Johnson won the 2022 Xero Award for Sole Practitioner of the Year, her practice – Simplex Accounting (formally known as Isle Book-keep) – was just 12 months old. Lucy was later able to bring James onboard as a full-time employee. . Involve the team in the application process and in writing your award nomination.

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ThomsonReuters

JANUARY 14, 2022

Employee retention credit. It’s no surprise that the Employee Retention Credit (ERC) was the most searched term of 2021. 207) amended the ERC, allowing it to be claimed from January 1, 2021 through June 30, 2021 and increased the refundable payroll tax credit $7,000 per employee for each quarter of 2021. . 116-136, Sec.

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ThomsonReuters

OCTOBER 7, 2021

Automation’s main purpose is to save your firm time by completing repetitive, tedious tasks without human intervention or error. For any firm looking to grow, scale their business, or expand their offerings to services such as advisory, automation can be your best friend. . Recruit/Retain top employees .

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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. Many aspects of your job are in your hands, but that freedom of choice comes with responsibilities. Being your own boss means you answer only to yourself.

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ThomsonReuters

JULY 8, 2021

Are mundane, day-to-day tasks sapping your staff’s will to work? Do your employees find their work meaningful and fulfilling? If your staff is looking more exhausted than excited, give them the cutting-edge tools they’ve been begging for! . Does your firm have a plan for business continuity? Risk management .

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ThomsonReuters

OCTOBER 21, 2022

.” The Social Security Act of 1935 followed, where contributions to the Old-Age, Survivors, and Disability program were imposed through a payroll tax on both employers and employees. It is also important to keep up with industry trends and efficiencies that can allow more flexibility to analyze data to support business objectives. .

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ThomsonReuters

SEPTEMBER 7, 2023

However, navigating ever-changing child and dependent tax credits and encouraging clients to keep track of relevant documentation throughout the year can be a complicated process, to say the least. This credit is calculated based on a percentage of your eligible expenses, which are subject to certain limits.

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ThomsonReuters

OCTOBER 21, 2022

.” The Social Security Act of 1935 followed, where contributions to the Old-Age, Survivors, and Disability program were imposed through a payroll tax on both employers and employees. It is also important to keep up with industry trends and efficiencies that can allow more flexibility to analyze data to support business objectives. .

payroll 40

payroll Tax Technology payroll tax 40

Ryan Lazanis

APRIL 4, 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. How to create your core offering. Marketing your bookkeeping services to find new clients. Chapter 2: Create & Package Your Core Offerings.

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ThomsonReuters

OCTOBER 27, 2020

We discuss the importance of this next wave of the Wayfair decision, and why sales tax revenue should be added to your advisory discussions with clients. What I am predicting in the next six months or so, states are going to become more aggressive in auditing remote sellers ,” noted Shaun.

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ThomsonReuters

OCTOBER 20, 2020

Remote work has become the new normal for much of the U.S. Before Wayfair, nexus depended on a company’s “physical presence” in the state, which could be established through, for example, an office building or storefront, a third-party repair person, or an employee engaged in solicitation. economy – at least for now.

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South Dakota Sales Tax Rhode Island 40

Ryan Lazanis

APRIL 10, 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. So if you’re looking to improve your firm in 2022 and keep yourself on the cutting edge of accounting, you’ll love this new guide. Let’s go.

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ThomsonReuters

FEBRUARY 22, 2021

to describe the total amount of money paid to a business’s employees over a period of time. Over time, payroll has become much more than just paying wages to employees. It also has to do with a wide variety of topics such as reporting and paying taxes and keeping in compliance with laws. Payroll in a Pandemic.

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ThomsonReuters

JUNE 28, 2023

The rule would change the current, more abbreviated and employer-friendly version of the DOL’s economic realities test, back to something representing its prior rule that would rely on several factors, which tend to favor an employee relationship. Background on DOL’s rule.  One rule to rule them all? 

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