Mark Lee

FEBRUARY 20, 2024

An accountant recently asked my views on this as Linkedin have outsourced the verification process to a third party company that wants our passport details. The first thing to clarify here is that Linkedin has outsourced this so that the ‘proof’ of ID is handled by a trusted independent specialist company.

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Mark Lee

MARCH 14, 2023

For some years one of the biggest challenges for accountancy firms, of all sizes, has been securing reliable support. Many of the smaller accountants I speak with are struggling to do everything themselves. Over the years I have outsourced my support needs quite successfully. Some of the latter have UK based staff.

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ThomsonReuters

NOVEMBER 15, 2023

To compensate, says EY’s Williams, many companies continue to outsource functions like customs clearance (e.g., The post Technology’s role in global trade management appeared first on Tax & Accounting Blog Posts by Thomson Reuters. Finding people with the right technical skills is especially challenging.

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Basis 365

JULY 11, 2023

In this blog post, we’ll explore the key factors you need to consider when calculating revenue and provide some tips to help you ensure accuracy and maximize profitability. This can include various activities, such as consulting, legal or accounting services, marketing, and IT support.

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ThomsonReuters

AUGUST 24, 2023

Here are some tips on how to communicate with your clients and persuade them to sign a 7216 consent form: Explain the benefits of signing a 7216 consent form. Clients may demand more transparency and accountability from their tax preparers regarding the use or disclosure of their information.

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Ryan Lazanis

MAY 17, 2022

If you’re looking for the best marketing for accountants’ strategies, you’ve come to the right place. Most of these methods I’ve personally used myself to help take my cloud accounting firm from scratch to sale in just 5 years. Marketing for Accountants 101. 1 Get Blogging. #2 4 Viral Marketing for Accountants. #5

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Mark Lee

NOVEMBER 22, 2022

The latest economic predictions in the UK prompted me to consider ways in which accountants could be more proactive as regards their clients. I know that some accountants hold back from being proactive with clients unless the fees they get paid warrant this approach. Many accountants outsource such specialist tax expertise.

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ThomsonReuters

JULY 2, 2021

How to shift your mindset from accountant to business owner. You’ve made the leap from staff accountant to small firm owner. As a small firm owner, look to offload or outsource time-consuming busy work and administrative tasks so you can focus your time on growing your business. You did it. Most people do not need to be busier.

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Mark Lee

APRIL 18, 2023

I have summarised these below as they may resonate with you too: Time Management As a sole practitioner, you wear many hats – accountant, business owner, marketer, and more. I also often share one of the most valuable, effective and easy to adopt time/self management tips out there. My advice was to save their money.

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Mark Lee

OCTOBER 18, 2022

An accountant approached me last week to ask whether any of the members of my Tax Advice Network would be willing to work with his practice on a regular basis? The answer was ‘yes’ The background to this accountant’s question was not uncommon. The post A brave accountant admits he needs help and asks for it.

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Mark Lee

AUGUST 15, 2023

Regular readers will know that, on this blog I share, what I hope is, constructive and unbiased advice for accountants in practice. They often employ very persuasive salespeople who attempt to scare accountants into spending far more money than necessary. Of course I was wrong.

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Ronika Khanna CPA,CA

APRIL 14, 2022

Decide if you are going to outsource to an accountant or do it yourself Preparing your own unincorporated tax return can be fairly straightforward, especially when using tax preparation software as it guides you through the process. Bank charges for your business accounts. Office expenses required to run your office.

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Mark Lee

MAY 10, 2023

I love getting feedback on my posts – even from accountants who disagree with my take on things. So, with that preamble, here are ten signs that would suggest to me that you may be a bad accountant: In my opinion, what do bad accountants do? Past experiences will invariably impact the advice that accountants give clients.

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Mark Lee

JUNE 27, 2023

A journalist once asked me “What is the worst mistake accountants can make when they are trying to ‘close’ a prospective client?” But which of the above do you think I identified, off the top of my head, as the one most serious mistake that accountants make when talking to prospective new clients? Still, I had to find a reply.

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ThomsonReuters

DECEMBER 13, 2021

See how organizations are outsourcing to handle mounting tax reality pressures in our free on-demand webinar, Making tax automation a priority to support your operating model. Blog: Indirect tax automation: Practical tips for companies beginning a tax transformation journey.

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inDinero Tax Tips

NOVEMBER 16, 2021

Learn our tips for building creditworthiness with your bank. Check out these blogs: What Does a CFO Know About People? 3 Not-So-Secret Reasons to Outsource Your Next CFO Your Startup’s Success Might Be Hindered by Your Accounting Method If you’re considering going solar with the help of a fractional CFO, indinero is here to help.

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inDinero Tax Tips

NOVEMBER 16, 2021

Learn our tips for building creditworthiness with your bank. Check out these blogs: What Does a CFO Know About People? 3 Not-So-Secret Reasons to Outsource Your Next CFO. Your Startup’s Success Might Be Hindered by Your Accounting Method. Solar panels still seem like too much of an investment? Interested in learning more?

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ThomsonReuters

APRIL 18, 2023

The accounting profession has faced a profound shift in recent years: from significant regulatory changes to an influx of innovative technologies, to reimagined business models, to an increase in client expectations. What are the current issues in accounting? but there are several common hurdles that often run industry wide.

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Ryan Lazanis

FEBRUARY 3, 2023

If you’re looking for tried, tested, and true tactics to help you generate more accounting leads for your firm, you’re in the right place. Table of Contents What is Lead Generation for Accountants 21 Tactics to Help You Generate Leads What is Lead Generation for Accountants? Let’s go! followers. followers.

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LyfeAccounting

JULY 8, 2021

In fact, when we started our first business, the only money one of our founders had was a $250 deposit into a business checking account. It was just a deposit he had to make to ensure the account would get opened without incurring fees. You’re going to need an EIN number to set up a business bank account, pay employees, etc.

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Snyder

SEPTEMBER 22, 2022

Synder for dropshipping business accounting and analytics. Amazon also defines dropshipping “an order fulfillment option that allows e-commerce businesses to outsource procuring, storing, and shipping products to a third party”. Violating the policy, the seller risks having their account suspended. How to dropship on Amazon?

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Snyder

SEPTEMBER 9, 2022

What tips should you follow when running your Shopify dropshipping business? Naturally, it’s the default dropshipping tool with seamless integration to your Shopify account. Check the full list of Shopify dropshipping apps and more in our blog post ‘ 30 Best Shopify Apps to Increase Sales and Maximize Your Profits’.

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inDinero Accounting

JANUARY 9, 2023

Table of Contents What Makes Accounting Services for Startups Different? Why Is Accounting Important for Startups? However, a lack of accounting experience and knowledge can be a hindrance, especially for startups which need to be agile and primed for rapid growth. What Makes Accounting Services for Startups Different?

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inDinero Accounting

JANUARY 9, 2023

What Makes Accounting Services for Startups Different? Why Is Accounting Important for Startups? How to Select the Right Startup Accountant. Getting Started with Startup Accounting. Accountants’ specialized knowledge can support your startup business in many ways. Table of Contents. Getting into legal troubles.

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ThomsonReuters

AUGUST 25, 2021

Watch our free on-demand webinar, Taking tax automation to the next level: Practical tips for automated companies. For more tips on building your business case, read our article on how companies justify spend for indirect tax software. 6 key considerations for indirect tax automation.

Technology 52

Technology Tax corporation tax E-commerce 52

Snyder

JUNE 20, 2022

However, delegating doesn’t mean staying out of the loop completely, especially when it comes to business finances, primarily accounting. Accounting is the language of numbers. What is small business accounting? Basic steps in accounting for small businesses. Open a business bank account. Contents: 1.

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Ryan Lazanis

APRIL 10, 2022

In this guide, I’m going to outline what the future of accounting looks like for accounting firms and how to best prepare for it in 2022. 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. Future of Accounting Table of Contents.

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