ThomsonReuters

JANUARY 4, 2024

Long hours and heavy workloads are nothing new for many accounting professionals. You’re tasked with doing a full audit for one of your firm’s biggest clients and are told you’ll have 60 days to complete it. For example, ask yourself if any of these scenarios sound familiar. Shifting deadlines. Extended hours.

Tax 71

Tax Technology payroll tax accounting careers 71

CPA Practice

JANUARY 18, 2024

In today’s fast-paced world, you are constantly juggling between client needs, regulatory demands, and staying abreast of ever-changing tax laws. Ready to check taxes of your to-do list? Accepting new tax preparation clients for the 2024 filing season. What type of clients to you work with?

CPA 111

CPA income tax quickbooks Tax 111

ThomsonReuters

NOVEMBER 30, 2023

How can embracing authenticity guide your firm’s client service initiatives? Making authenticity a priority in your client service strategy Earlier this week, Merriam-Webster announced its word of the year for 2023. After all, “authentic” is not a new word that would be unfamiliar to most people. The winner?

Tax 98

Tax accounting firms Account accountant 98

CPA Practice

DECEMBER 3, 2023

Branding Questions Addressing these questions can help you create a strong, distinct brand for your firm, setting a solid foundation for growth and client engagement. Understanding the demographic and psychographic profile of potential clients is essential. The name and logo are often the first things a potential client will notice.

accounting firms 125

accounting firms Account accountant accounted 125

Mark Lee

DECEMBER 12, 2023

Historically most clients stay with their accountant for many years. Of course there are also those clients who only ever wanted to go to the cheapest accountant around and move on whenever they think they can do better. You are only at risk of losing clients if any of your clients are in group one.

tax return 94

tax return Tax bookkeeping bookkeeping services 94

Xero

AUGUST 3, 2023

We’ve put together 5 tips to help you get the most out of apps at Xerocon and walk away with some truly beautiful new solutions that you can put into action to benefit you and your clients’ businesses. What do your clients need most? Consider the challenges your clients face, or services they are crying out for.

bookkeeping 81

bookkeeping Start-ups Maine Account 81

ThomsonReuters

FEBRUARY 8, 2024

Jump to: Unlocking the power of advisory tools Deliver advisory engagements with Checkpoint Edge Advisory Maps Grow your firm with Practice Forward Advisory tools have emerged as transformative forces in the tax and accounting profession, empowering firms of all sizes to deliver efficient and effective services to their clients.

Tax 52

Tax Account accountant accounted 52

ThomsonReuters

JUNE 16, 2023

While the profession is no stranger to change, the COVID-19 pandemic shifted that change into higher gear, driving home the need to meet rising client demands and shifts in employee wants and expectations. Microsoft Excel, Power BI) as a valuable (either very valuable or somewhat valuable) skill/competency for new professionals.

Account 98

Account accountant accounted Technology 98

Mark Lee

FEBRUARY 6, 2024

One thing that remains as challenging for accountants today as it was when I was in practice is that of converting prospects into valued clients. Picture this: you’re face-to-face with a potential client, you’re tempted to showcase your expertise and talk about your services. What are your priorities?

Non-Profits 98

Non-Profits Account accountant accounted 98

Xero

DECEMBER 17, 2023

Today, we’ve announced a new partnership with Flinks , which will give you access to more than 20 high-quality bank feeds in Xero. Together, we’re excited about the opportunity to empower you and your clients to achieve your financial goals, while staying in control of your banking data.

accounting and finance 82

accounting and finance Finance Account accountant 82

Xero

NOVEMBER 14, 2022

That’s why we’re working hard to create a single source of truth for your client data across Xero Practice Manager (XPM), Xero HQ and Xero Tax. Imagine having one client list that you can easily access from all your practice tools in Xero. Here’s why it’s so important to us, and what changes you can expect to see soon.

bookkeeping 78

bookkeeping Tax Account accountant 78

Xero

MARCH 2, 2023

In recent years, many advisors have faced the pressures of being all things to all clients around the clock. Through an expanded list of service offerings and a deep reliance on both tech and her team, she’s built a bespoke practice in Cloud 9 Strategic – and her dream lifestyle to boot. But not Jeannie Savage.

bookkeeping 80

bookkeeping Technology 80

Xero

APRIL 11, 2023

That’s why in the weeks ahead, we’ll be giving the Hubdoc app a fresh design and some new functionality we think you’re going to love. Along with a new design, the app will be faster, more stable and much easier to navigate. These are all designed to improve Hubdoc’s usability, speed and performance.

bookkeeping 100

bookkeeping accounting apps Start-ups Expense Management 100

Going Concern

MARCH 5, 2024

Last year around this time, one of the big crypto blogs noticed Deloitte had suddenly placed more than 300 job openings for positions such as Blockchain & Digital Assets Manager, Blockchain & Cryptocurrency Tax Manager, and Blockchain & Cryptocurrency in NFTs Tax Manager (LOL). Deloitte doesn’t list a salary on LinkedIn.

Virginia 59

Virginia audit accounting and finance Legal 59

Xero

AUGUST 7, 2023

Whether you own a small business, manage a team, or close the books for your clients, Expensify makes it easy so you have more time to focus on what really matters. ChangeGPS ChangeGPS helps you bring clarity to complexity by transforming dense tax and accounting technical information into easy-to-understand client reports.

bookkeeping 92

bookkeeping E-commerce Tax Account 92

Ryan Lazanis

MAY 17, 2022

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 19 Upsell Existing Clients. . #14 19 Upsell Existing Clients. The most effective accounting marketing strategies require you to know your ideal client exceptionally well.

Account 98

Account accountant accounted accounting firms 98

CTP

SEPTEMBER 27, 2023

Every month, it seems like new guidance is released, new legislation is passed, or new cases are tried by tax courts, and suddenly, applying tax law has become a completely different game. However, recent changes to tax law may change how and if this is a viable tax strategy for your clients.

Tax 102

Tax Real Estate Agriculture Legal 102

Xero

JUNE 29, 2023

Technology has played a significant part in this growth and has come to underpin the practice and the way they support their client base. Client first Over the last year, Accounts and Legal have reported an increase in client referrals of 31%, helping to double their annual turnover.

Legal 87

Legal Account accountant accounted 87

ThomsonReuters

AUGUST 1, 2023

Thomson Reuters research found that 94% of new accounting practitioners choose financial stability as their primary career goal. In areas with smaller populations (between 10,000 and 50,000 people), new graduates reported salaries of $50,000 to $69,000. Our research showed that new practitioners currently work an average of 46.1

Account 98

Account accountant accounted accounting firms 98

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. 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.

Non-Profits 101

Non-Profits bookkeeping Start-ups Account 101

Mark Lee

MARCH 19, 2024

And, yes, there are surveys showing that some accountants claim to have won new clients as a result of their activities on social media and on Linkedin. …are they winning the sort of clients you would welcome? Please get in touch if you would like to discuss anything in this blog post.

Account 52

Account accountant accounted Start-ups 52

DuctTapeMarketing

DECEMBER 11, 2020

Steer clear from falling for the hot, new marketing tactic of the week. They shape your business, your core messages, your products or services, the list goes on. What content are they putting out on their blog? This kind of research gives you insight into: New ways to serve your customers. Start with strategy.

Gaming 304

Gaming Start-ups Education audit 304

ThomsonReuters

NOVEMBER 8, 2022

Most accountants know that choosing the right accounting technology can boost the ability to serve clients, satisfy staff, and build deeper client relationships.?But The ability to unleash your firm’s true potential and focus in on what matters most: analyzing data, advising clients, and?uncovering The result? Identify issues.

Technology 105

Technology Account accountant accounted 105

Mark Lee

MARCH 12, 2024

I hope you would agree that clients choose you as their accountant because they believe that your services will be of more value to them than those of a cheaper accountant. That third type of client should be the easiest to win over. 3 – Convey scarcity or urgency One of my 1-2-1 mentoring clients operates in a specialist sector.

Non-Profits 52

Non-Profits Account accountant accounted 52

Ryan Lazanis

APRIL 13, 2022

Faster training: Workflows give a clear list of todos, making new hires more consistent and giving the recruits a roadmap to feeling comfortable. I’ve compiled a list of 9 workflow solutions designed specifically for accounting firms so that you can have a better understanding of how they might be used in your accounting firm.

Account 88

Account accountant accounted accounting firms 88

PASBA

SEPTEMBER 25, 2019

The competition for accounting clients can be as intense as in any other industry. That’s why it makes sense to pay attention to client services and frequently expand or improve what your firm offers. Make the Pain Points of Your Clients Your Own. Coping with loss of a top client. Profitability not where expected.

Account 104

Account accountant accounted accounting firms 104

PYMNTS

NOVEMBER 1, 2020

Crypto trading platform INX is moving ahead with its acquisition of digital securities trading firm Openfinance , a company blog post states. In addition, INX's tokens will be added to the mix, adding a security token that can be traded both by accredited investors as well as the general public from the outset, the blog says.

Sales 84

Sales Government 84

PYMNTS

MAY 19, 2020

To enable businesses to more easily list their merchandise on its social media platforms, Facebook has unveiled Facebook Shops. The free feature will allow companies to place product listings on their Facebook Page, Instagram profiles and stories, or in ads, CNBC reported.

Sales 97

Sales Retail 97

Xero

MAY 10, 2022

For those of us in advisory, ‘quick questions’ from clients are part and parcel of what we do. So in the months before June, I’ll assess what clients are already asking and predict other possible queries (before they hit my inbox) to prepare thoughtful responses. . Simply take what you need from this list to do what you do best. .

tax return 62

tax return Tax Government Start-ups 62

Xero

NOVEMBER 30, 2022

Get ready to switch to new reports. If you haven’t made the switch to new reports, we urge you to start moving your work across now , so you have plenty of time to get used to them before the older versions are retired. We’ve released a new 2022 Schedule C report template for advisors in the US. Other new features in Xero.

payroll 82

payroll Tax tax return bookkeeping 82

Nancy McClelland, LLC

NOVEMBER 8, 2023

There will be heaps of people reuniting for the first time since last year, or at least since Scaling New Heights (check out my recent video blog about those amazing takeaways , which includes some bonus QBC suggestions). Introduce yourself to someone who looks like they “belong” and say that you’re new, and not sure where to begin.

quickbooks 98

quickbooks bookkeeping Start-ups Account 98

ThomsonReuters

AUGUST 25, 2023

For example, a business owner buys a new piece of machinery for business use. To account for this decrease, the accountant depreciates the cost of the machinery over a period of time for the client using such depreciation methods as straight-line, double-declining balance, units of production, and sum-of-years digits.

Tax 52

Tax tax return accounting principles Account 52

Xero

MARCH 7, 2023

There’s the original ‘classic’ invoicing experience and ‘new’ invoicing. New invoicing is the updated version with a refreshed design, new functionality and many of the features you know and love from classic. With new invoicing, there’s no need to worry about losing your work while multitasking. Why not give it a try?

accounting software 103

accounting software Government Account accountant 103

Xero

JULY 18, 2022

We know many accountants lament the loss of strategic, hands-on work that helps build long-lasting and trusted relationships with clients. . More authentic interaction with clients. In just a few clicks, you can see reports, insights and digestible analytics enabling you to strategically work together with your clients face to face. .

bookkeeping 85

bookkeeping accounting and finance Expense Management payroll 85

Mark Lee

AUGUST 29, 2023

And some accountants have very specific prospective clients in mind. Rarely is much of this activity focused around targeting specific businesses and prospective clients. Would your ideal prospect recognise that you really would like them as a client? Very few became clients though. It works for them.

Account 81

Account accountant accounted Start-ups 81

Mark Lee

JANUARY 23, 2024

It’s also NOT a post about blogging or regularly updating your website in an effort to attract more search engine traffic. It’s then up to you to convert the best of those leads into clients of course). Often overlooked When I’m working with an accountant 1-2-1, I often ask what an ideal client looks like.

Tax 52

Tax Start-ups Account accountant 52

Mark Lee

OCTOBER 3, 2023

Before delving into the strategies that can help you win and maintain clients for your accountancy practice, I must manage your expectations. There’s no magic bullet or hidden secret that will replace everything you already know about client relationships. Those are the sort of moments that build lasting client relationships.

Account 93

Account accountant accounted Start-ups 93